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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!

Monday, October 31, 2016

Ottawa will continue to monitor housing market: Finance Minister Bill Morneau

TORONTO _ Federal Finance Minister Bill Morneau says Ottawa will continue to act to make sure that an increase in interest rates or a downturn in home prices don't risk the country's economic growth.

Morneau says that means ensuring that household debt levels are sustainable and that lenders are behaving prudently.

While addressing the Toronto Region Board of Trade, Morneau said he's ``ultimately responsible'' for maintaining the stability of the country's financial system.

He pointed to recent measures introduced by Ottawa with regards to the housing market as examples of ways he is striving to maintain that stability.

The government has announced several moves to address soaring home prices, particularly in Toronto and Vancouver. They have included new rules governing insured mortgages and higher minimum down payments for homes more than $500,000.

The minister says the government doesn't currently have any more specific housing-related measures that it plans to enact, but will keep monitoring the situation.

MBN

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