Ucpm 5 potential measures to cool the GTA housing market
OTTAWA 鈥?The Canadian Real Estate Association is upgrading its forecast for 2019 home sales, which are now expected to show a slight improvement stanley cup compared with last year.The association said home sales are projected to edge up 1.2 per cent from last year to 463,000 units in 2019 compared with its previous forecast of a decline of 1.6 per cen termo stanley t this yea stanley cup r.The updated outlook came as CREA reported home sales in May were up 6.7 per cent compared with a year ago, the largest year-over-year increase since 2016. ARTICLE CONTINUES BELOW On a month-over-month basis, sales in May through the Multiple Listing Service were up 1.9 per cent.Defying the gloom-and-doomers, the Canadian housing market is gradually regaining strength, powered by falling long-term interest rates and the fastest population gains in a generation, Bank of Montreal chief economist Doug Porter wrote in a report. ARTICLE CONTINUES BELOW The improvement in sales was driven by the Greater Toronto Area, which accounted for close to half of the overall increase.That rebound in sales has brought the GTA market back into better balance, and has helped lift prices at a moderate pace, Porter wrote. ARTICLE CONTINUES BELOW The national average price for a home sold in May was close to $508,000, up 1.8 per cent from a year ago. Excluding the Greater Vancouver Xybr O Toole campaign used American firm
A Georgetown man diagnosed last week with COVID-19 has died.Jack Martin Kerman, the Mountainview Residence man was taken to hospita stanley thermos l last week after a fall and was subsequently tested for COVID-19. On March 31, the results came back positive.The resident succumbed to underlying medical conditions that were likely advanced by the infection, wrote Christoph Summer, administrator and owner of Mountainview Residence. ARTICLE C stanley puodelis ONTINUES BELOW The two staff who had been directly assisting the man were also tested and confirmed positive.As of 2 p.m. on April 3, an update from the residence confirmed six cases of COVID-19, including the man who passed. Three of those residents have been hospitalized, and eight more residents are awaiting test results. ARTICLE CONTINUES BELOW The Terrace and Care units presently have no cases. The health department receives daily logs of our residents temperatures and any symptoms, Summer wrote in a daily update to stanley cup families. Based on these symptoms, public health instructs us on who to swab with nasal swabs. ARTICLE CONTINUES BELOW Summer told theIFP.ca so far most of the cases havenrsquo;t presented any symptoms. ARTICLE CONTINUES BELOW Most of the residents we ;ve swabbed have just had a cough or congestion, he said.Five staff
OTTAWA 鈥?The Canadian Real Estate Association is upgrading its forecast for 2019 home sales, which are now expected to show a slight improvement stanley cup compared with last year.The association said home sales are projected to edge up 1.2 per cent from last year to 463,000 units in 2019 compared with its previous forecast of a decline of 1.6 per cen termo stanley t this yea stanley cup r.The updated outlook came as CREA reported home sales in May were up 6.7 per cent compared with a year ago, the largest year-over-year increase since 2016. ARTICLE CONTINUES BELOW On a month-over-month basis, sales in May through the Multiple Listing Service were up 1.9 per cent.Defying the gloom-and-doomers, the Canadian housing market is gradually regaining strength, powered by falling long-term interest rates and the fastest population gains in a generation, Bank of Montreal chief economist Doug Porter wrote in a report. ARTICLE CONTINUES BELOW The improvement in sales was driven by the Greater Toronto Area, which accounted for close to half of the overall increase.That rebound in sales has brought the GTA market back into better balance, and has helped lift prices at a moderate pace, Porter wrote. ARTICLE CONTINUES BELOW The national average price for a home sold in May was close to $508,000, up 1.8 per cent from a year ago. Excluding the Greater Vancouver Xybr O Toole campaign used American firm
A Georgetown man diagnosed last week with COVID-19 has died.Jack Martin Kerman, the Mountainview Residence man was taken to hospita stanley thermos l last week after a fall and was subsequently tested for COVID-19. On March 31, the results came back positive.The resident succumbed to underlying medical conditions that were likely advanced by the infection, wrote Christoph Summer, administrator and owner of Mountainview Residence. ARTICLE C stanley puodelis ONTINUES BELOW The two staff who had been directly assisting the man were also tested and confirmed positive.As of 2 p.m. on April 3, an update from the residence confirmed six cases of COVID-19, including the man who passed. Three of those residents have been hospitalized, and eight more residents are awaiting test results. ARTICLE CONTINUES BELOW The Terrace and Care units presently have no cases. The health department receives daily logs of our residents temperatures and any symptoms, Summer wrote in a daily update to stanley cup families. Based on these symptoms, public health instructs us on who to swab with nasal swabs. ARTICLE CONTINUES BELOW Summer told theIFP.ca so far most of the cases havenrsquo;t presented any symptoms. ARTICLE CONTINUES BELOW Most of the residents we ;ve swabbed have just had a cough or congestion, he said.Five staff