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Time for your cheat sheet on this week’s most important stories. Canadian Real Estate Over 1 In 7 First-Time Homebuyers Are Tapping The Bank Of Mom And Dad Ontario’s first-time buyers aren’t pursuing ownership alone, and instead are looking for much older help. Condo apartments bought with multiple owners with an age gap of 20 […]
Time for your weekly cheat sheet on this week’s most important stories. Canadian Real Estate CMHC: Toronto Real Estate “Highly” Vulnerable, Vancouver Stabilizing Warning signs exist for Canada’s real estate markets, but things are improving. The CMHC sees “moderate” vulnerabilities across Canada. Toronto held its rating of “high” vulnerability, due to overvaluation and overheating. Vancouver […]
Time for your cheat sheet on this week’s most important stories. Canadian Real Estate RBC: Toronto And Vancouver Real Estate Construction “Significantly” Outside Norm Canada is building a lot of houses, while unaffordability rises across the country. RBC Economics notes the building is a potential vulnerability. Same with the lack of affordability, which the bank […]
Time for your weekly cheat sheet on this week’s top stories. Canadian Real Estate National Bank Of Canada: Don’t Take Real Estate Price Increase As A Sign Of “Vigour” Canadian real estate prices made a small increase, but NBC warns it’s not the sign of “vigour” you may think. National prices increased 0.76% in June, […]
Time for your weekly cheat sheet on this week’s most important stories. Canadian Real Estate Canadian Real Estate Sales Make A Small Gain, Weighed Down By Vancouver Canadian real estate sale made a small climb this year. There were 47,755 sales according to CREA, up 0.30% from last year. The number is higher than the […]
Foreign buyers aren’t into US real estate these days. National Association of Realtors (NAR) numbers show a lot less foreign buyers in the year ending March. This is the second year volumes have declined, printing the fewest foreign buyers in at least a decade. US Real Estate Is Less Attractive To Foreign Buyers In 2019 […]
Time for your weekly cheat sheet on this week’s most important stories. Canadian Real Estate Ontario Loses Over 5,000 Real Estate Jobs, BC Hits New All-Time High Real estate sector jobs made a minor movement on a national scale, but there’s a major shift on a regional basis. FIRE seasonally adjusted employment fell to 1.193 […]
Time for your cheat sheet on this week’s most important stories. Canadian Real Estate Canadian Household Debt Had The Slowest May Growth Since 1983 The growth rate of Canadian debt continues to fall to levels not seen in years. Bank of Canada estimates the balance of household debt reached $2.19 trillion in May, up 3.4% […]
Greater Vancouver real estate sales are dropping incredibly fast these days. Data from MLA Canada, a notable pre-sale marketing firm, shows a big drop in sales in May. Developers are responding to the decline by cancelling or delaying many projects. Greater Vancouver Pre-Sale Listings Decline Over 65% Greater Vancouver pre-sale listings for real estate made […]
Greater Toronto Area (GTA) new home sales spiked to the highest level in years. Altus Group’s May numbers show it was the highest number of sales in 16 years. Even though the month was higher, year to date sales are still some of the weakest in recent history. The boost in sales are likely due […]
