The Government agency in charge of mortgage liquidity still thinks Canadian real estate is at a “high” degree of vulnerability, although the reasons vary by market.
CMHC: Canadian Real Estate Is At A “High” Degree of Vulnerability Right Now
Canadians With Reverse Mortgages Can Lose Their Homes If They Miss A Tax Payment
Trying to extract some of that money you’ve made with Canadian real estate? If you’re taking out a reverse mortgage, you’re going to make sure you pay your property taxes on time, every time.
This Week’s Top Stories: The Government Used “Fake News” To Drive Borrowing, and Canadians Hit A Record Pace of Borrowing Against Their Homes
Time for your weekly cheat sheet on the most important real estate stories. Canadian Real Estate The Canadian Government Used “Fake News” To Drive Real Estate Borrowing… Seriously Turns out the Government of Canada has been sponsoring news on the down-low for years. Various departments have using News Canada to distribute stories, with no mention […]
Canadian Residential Real Estate Investment Had The Biggest Q4 Ever
For better or worse, real estate is one of the most important drivers of the Canadian economy. Residential structure investment, the amount of capital deployed for building new housing, reached one of the highest ratios against Gross Domestic Product (GDP) ever. Great news for the housing industry, but a recession has always followed at this […]
Toronto Real Estate Still Leads The Country In The Decline of Sales, Ottawa Soars
Canadian real estate sales are down across the country, especially in the Greater Toronto and Greater Vancouver area. That’s bad news for the Canadian economy.
Congrats! Canadians Just Set A New Record For Borrowing Against Their Homes
Canadians are using their real estate to secure more debt at a new record pace, according to filings made with Canadian banking regulators.
Toronto Condo Prices Rip To A New All-Time High
Higher interest rates and a stress? No match for Toronto condo buyers, apparently. Toronto Real Estate Board (TREB) numbers show condo prices hit a new all-time high in March. The price peak was hit, as sales dropped and inventory levels continued to rise. Toronto Condo Prices Rise Over 14% The benchmark price of a condo […]
Vancouver Detached Real Estate Sees Worst Q1 Sales In Over 27 Years… Prices Still Climb
Vancouver detached real estate prices are near all-time highs, despite producing the worst first quarter of sales in over 27 years.
The Canadian Government Used “Fake News” To Drive Real Estate Borrowing… Seriously
Canadians have been addicted to debt for quite some time, especially when it comes to real estate. So why is the Government of Canada paying hundreds of thousands to discreetly distribute ghost-written articles on how to take out more debt? Ottawa-based Blacklock’s Reporter took a dive through government contracts for over half a million dollars, […]
This Week’s Top Stories: Nearly Half of Toronto Condo Investors Have Negative Cash Flow, and Canadian Prices Are Making Recession Like Moves
Time for your weekly cheat sheet on this week’s top stories. Canadian Real Estate Teranet: Canadian Real Estate Prices Stalled For The First Time Outside Of A Recession The Teranet-National Bank HPI made some unusual moves in March. The composite index was virtually flat, when compared to the month before. Additionally, only 4 out of […]