Toronto condos pushed higher in January 2017. The month saw fewer listings, higher prices, and more sales than the same time last year.
Calgary real estate got a positive indicator finally, with sales of detached homes increasing 25% in January 2017.
Scott Nazareth, one of Canada’s top mortgage brokers estimates 20% of Canadians are committing mortgage fraud to qualify for homeownership.
Vancouver real estate saw less than a quarter of the typical buying during the usually busy Chinese New Year period.
Vancouver real estate can’t catch a break. Detached homes saw sales cut in half last month, and prices declined for the sixth month in a row.
Canada dropped some killer job numbers at first glance, but a second look shows the quality of jobs is rapidly deteriorating.
Toronto real estate had a strong start to the year, with detached homes rising over 20% year over year in 3 out of 5 neighborhoods.
Census 2016 shows Metro Vancouver had a massive number of under utilized homes, so we thought we’d visualize it…for science.
New data from Statistics Canada show that 99,236 homes in the Toronto CMA are irregularly occupied. So we thought we’d map them!
January 2017 was a terrible month for Vancouver real estate. Sales are declining, inventory is building, and prices are dropping.