Time for your weekly cheat sheet on this week’s top real estate stories. Canadian Real Estate Canadians Borrowed Another Billion Against Their Homes Over A 31 Day Period Canadians are increasingly tapping their home equity for short-term loans. Total HELOC balances reached $284.64 billion in outstanding debt. That means Canadians racked up an extra $994 […]
Toronto condos printed a new all-time high for the fifth consecutive month. However, rapidly decelerating price growth may indicate we’re approaching the end of this run.
Time for your cheat sheet on the most important real estate stories this week. Canadian Real Estate Canadians Have $201 Billion In HELOC Debt, And Over 30% Is In Toronto And Vancouver Canadians are rapidly borrowing against the values in their home. The outstanding balance of Home equity line of credits (HELOCs) across Canada is […]
Time for your weekly cheat sheet on the most important real estate stories. Canadian Real Estate BoC: 8% Of Canadian Households Owe More Than 20% Of The $2.1 Trillion In Debt The Bank of Canada updated the public on household debt numbers, as well as gave some insights this week. The total balance of household […]
Hot spring market? Nope. Toronto Real Estate Board (TREB) numbers show April was colder than usual, as demand continues to drop. Generally speaking, the market is seeing price moderation, lower sales, and rising inventory levels. Greater Toronto Real Estate Prices Dropped Over 5% The benchmark composite, the price of a typical home in Toronto, is […]
The US Fed Thinks Canadian Real Estate Buyers Are “Exuberant,” and The CMHC Says Toronto and Vancouver Are Highly Vulnerable, Overvalued Markets
The Crown Corporation in charge of Government research on Canadian real estate says markets are cooling, but the country still remains highly vulnerable – especially in Toronto and Vancouver.
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 […]
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 […]
The Canadian government is a little worried how the person that sold you that mortgage presented it, and US real estate prices have finally recovered from the 2006 crash.