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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!

Saturday, February 18, 2017

Toronto mayor hits out at housing bubble claims

The Mayor of Toronto has rejected claims by BMO chief economist Douglas Porter that the city is in a housing bubble.

John Tory told a press conference Thursday that lots of economists and other stakeholders talk about the state of housing market and publish reports but “none of those people, to a person, has as yet told me there is any kind of panic driven or panic-inducing situation.”

He said that the sharp rise in home prices in the city is a concern but because they mean people can’t afford them, not because there is cause for panic.

He added that the market is healthy and the price rise is due to demand as more people choose to live in Toronto.

Mayor Tory said that there would be no sudden policy changes to cool the market but that officials would consider how to responsibly tackle supply issues.

MBN

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