Wednesday, September 3, 2014

 
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03 September 2014  
 
Market Update
 
 
 
 
 
Condo overbuilding is a risk says bank executive
 
The chief risk officer for Canada at Toronto-Dominion Bank says that overbuilding of condos is a risk to the housing market.
 
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Calgary resales stay hot through August
 
Figures from the Calgary Real Estate Board show that the market was still vibrant in August, with MLS sales increasing for the 17th consecutive month.
 
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Edmonton officials seek to improve information
 
Officials in Edmonton are planning improvements to the information that is available regarding development plans.
 
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​Cost of Ontario floods estimated at $90 million
 
Insurance Bureau of Canada reports that the preliminary estimate for insured damage caused by heavy rains and flooding in the Burlington area was just over $90 million.
 
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