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GTA, Ontario, Canada
A New Sales Record Has Been Achieved By The Jackie Goodlet Team Who Work Out Of The Whitby Office And Specializes In High End Resale And New Home Sales. According To Broker Dave Pearce The Jackie Goodlet Team Wrote More Transactions Than Anyone Else In The 30 Year History Of Our Firm. Their 255 Transactions Had A Total Volume Of More Than $185,000,000 (185 Million). With Over 25 Years Experience In The Business The Jackie Goodlet Team Has Acquired A Wealth Of Knowledge In All Areas Of Real Estate Including Resale, New Builds, Cottages, Lease, Condos, Vacant Land, Investment And Commercial Properties. With Exceptional Negotiating Skills We Are Confident We Can Save You Time And Money On All Your Real Estate Endeavours. We Look Forward To Hearing From You And Your Referrals Are Always Welcome And Rewarded!

Tuesday, December 1, 2015

Lenders concerned at lack of condo demand

A survey of commercial mortgage lenders has found reticence in lending for new condo developments for fear of a lack of demand. The poll of lenders by CBRE found that 60 per cent are increasing budgets for rental units while half as many are planning to lend more for condos. The reasoning is that the lenders believe that as more Canadians are priced out of housing markets the higher demand will be for rental homes rather than condo units. Other findings of the survey are a move away from Alberta in favour of increased lending in Toronto and Vancouver.

MBN

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