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Latest Yahoo Finance Canada Videos

  • Business
    Yahoo Finance Canada Videos

    'I don't blame them': realtor says most calls are from investors

    Investors are scooping up more real estate than any other type of buyer in Canada, including first-time home buyers. "A sudden influx of investors in the housing market likely contributed to the rapid price increases we saw earlier this year. In such a case, expectations of future price increases can become self-fulfilling, at least for a while," said Paul Beaudry, deputy governor of the Bank of Canada, on Tuesday. We’ve been getting monthly updates from the ground floor from Realosophy Realty’s John Pasalis and Oakwyn Realty’s Steve Saretsky, who help make sense of it all, with advice for anyone buying or selling a home. Also See: The latest real estate news for housing prices, mortgage rates, markets, luxury properties and more at Yahoo Finance Canada. They talked about clients looking for investment properties and John says most of the people who reach out to him are investors. If you have questions, email them to jessybains@yahoofinance.com and John or Steve will answer them on the next episode. Jessy Bains is a senior reporter at Yahoo Finance Canada. Follow him on Twitter @jessysbains.

  • Business
    Yahoo Finance Canada Videos

    Home buyers beware, builders can jack up prices

    Soaring home prices and higher expenses mean the new home you bought before the pandemic could cost you a lot more. A Barrie, Ontario developer found itself in headlines after demanding a buyer pay an additional $100,000 or the deal would be cancelled. Even an Ontario Premier Doug Ford weighed in. "Developers stop playing your games, you signed a contract you better build that damn house at that price because we aren’t going to let you off, simple as that." said Ford during a news conference. We’ve been getting monthly updates from the ground floor from Realosophy Realty’s John Pasalis and Oakwyn Realty’s Steve Saretsky, who help make sense of it all, with advice for anyone buying or selling a home. Also See: The latest real estate news for housing prices, mortgage rates, markets, luxury properties and more at Yahoo Finance Canada. They talked about the rules around builders raising prices and how to avoid being on the wrong end of it. If you have questions, email them to jessybains@yahoofinance.com and John or Steve will answer them on the next episode. Jessy Bains is a senior reporter at Yahoo Finance Canada. Follow him on Twitter @jessysbains.

  • Business
    Yahoo Finance Canada Videos

    Editor's Edition: There isn't just one type of real estate investor

    Investors are scooping up more real estate than any other type of buyer in Canada, including first-time home buyers. "A sudden influx of investors in the housing market likely contributed to the rapid price increases we saw earlier this year. In such a case, expectations of future price increases can become self-fulfilling, at least for a while," said Paul Beaudry, deputy governor of the Bank of Canada, on Tuesday. We’ve been getting monthly updates from the ground floor from Realosophy Realty’s John Pasalis and Oakwyn Realty’s Steve Saretsky, who help make sense of it all, with advice for anyone buying or selling a home. Also See: The latest real estate news for housing prices, mortgage rates, markets, luxury properties and more at Yahoo Finance Canada. They talked about clients looking for investment properties. If you have questions, email them to jessybains@yahoofinance.com and John or Steve will answer them on the next episode. Jessy Bains is a senior reporter at Yahoo Finance Canada. Follow him on Twitter @jessysbains.