Global real estate prices are on the rise, and Canada’s leading the pack according to the IMF…it’s not a good thing.
Vancouver’s crazy real estate market is spreading to the burbs, and sending late mortgage payments across the province even lower.
Last time late mortgage payments in Ontario were this low, Toronto real estate crashed. Late payments then escalated *really* fast.
Vancouver real estate has historically recovered much faster from crash than a correction, especially the detached market.
Just when you didn’t think Vancouver real estate could get any wackier, the condo market goes completely haywire.
Foreign buying of residential real estate is surging across the United States, reaching over $153 billion in sales over the past year.
Foreign ownership of Canadian real estate has been a hot button issue, but how does foreign ownership of the industry stack up?
Real estate sales are dropping across Canada, and prices are starting to stall according to the Canadian Real Estate Association.
Toronto real estate enters two distinct markets. Detached homes are soft, but condos are fetching up to 50% more in some neighborhoods.
This week’s top stories include the impact of higher interest rates, and the difference between a correction and a crash.