Canadian mortgage debt demolished previous records this year, having risen to $1.03 trillion at chartered banks alone.
Canadian real estate prices have soared so high, the average Millennial now needs to wait at least 10 years to save a downpayment.
The Canadian housing bubble extends far beyond Vancouver, and we look at one of the primary contributors – low mortgage rates.
Is BC real estate cooling down? BC Real Estate Association (BCREA) released its first forecast since the foreign buyer tax was implemented, and they’re still predicting strong growth. While the accuracy of these industry forecasts can be a little bias, they’re predicting an increase in the rest of the province, which will offset any losses […]
Canadian real estate prices rose with the US up until 2008, but never crashed. Actually, it continued to rise for the next 8 years – so far.
Large Canadian pensions are looking to reduce exposure to Vancouver real estate, we look at one of the reasons why – cap rates.
Canada’s large public pensions are beginning to lower exposure to the Vancouver real estate market, setting off new alarms of the bubble pop.
More than a few people have been saying that if there was a crash, we would see an increase on late payments on mortgages. This logic seems solid on the surface, but makes BC’s situation all the more confusing. People are purchasing homes at 21x the medium income, it doesn’t quite make sense that no […]
We look at three teardown properties in Vancouver that highlight how expensive the city is, and just how little $3 million can buy you.
Absorption rates show demand for BC real estate reversed in March 2016, so why was a foreign buyer tax thrown in last minute?