Time for your cheat sheet on this week’s top stories. Canadian Real Estate The Canadian Property Bubble Reaches Contagion, Making A Financial Crisis Likely The Canadian property bubble reached the contagion phase, spreading to other areas. Real estate bubbles often spread from the city center to the suburbs. Investors move to regions with cheaper prices, […]
Time for your cheat sheet on this week’s most important stories. Canadian Real Estate The Canadian Property Bubble Inflation Is Now 75% Of Net-Worth Growth Canadian households are unusually dependent on real estate generating their wealth these days. The first quarter of 2021 saw 76.96% of net-worth from increased real estate values. This is the […]
Time for your cheat sheet on this week’s most important stories. Canadian Real Estate Canada Is Running Out Of Land. It Does That Every Few Years Canada is running out of land, and it turns out it does this every ten to twenty years — at least in the mind of residents. We dive through […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate BMO Revises Worst-Case Forecast For Canadian Real Estate To A Much Larger Drop BMO thinks home prices can drop much more than they did just a few months ago. Over the next two years, the bank sees home prices making a 28.7% […]
Time for your cheat sheet on this week’s most important stories. Canadian Real Estate Bank Of Canada Indicators Now Show Some Real Estate Markets Are A Bubble Canada’s central bank published its own index of overvalued housing markets. The BoC’s latest research shows Toronto, Hamilton, and Montreal are exuberant (AKA bubbles) in Q1 2021. Montreal […]
Time for your cheat sheet on this week’s most important stories. Canadian Real Estate Only Canada’s Top 5% Of Households Could Qualify For A Mortgage On A Home: NBC Canadian home prices are rising so quickly, very few people could qualify for a typical home. The minimum qualifying income in the country reached $130,921 for […]
Time for your weekly cheat sheet on this week’s top stories. Canadian Real Estate Canadian Home Prices Have Grown Much More Than In The U.S., But Incomes Haven’t Canadian home prices have grown much faster than those in the US, but data shows incomes haven’t. From 1975 to 2020, the growth rate of Canadian home […]
Time for your cheat sheet on this week’s most important stories. Canadian Real Estate Market “Bubble” May Crest Soon, So Buyers Make Sure You Love That Property: BMO BMO is warning investors to make sure they really want that property, because they may be stuck with it for a while. The bank is seeing the […]
Time for your cheat sheet on this week’s most important stories. Canadian Real Estate How The Canadian Government’s Supersized Budgets Inflate The Property Bubble Most people only think of the impact of government borrowing in the context of taxation — and they believe it’s not a huge deal. Governments can borrow a whack of money, […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canada Says Property Bubble “Not Great” For Locals, Good For Foreign Investor Canada officially said any home price drop is unacceptable, even if locals can’t buy a home. One of the country’s politicians in charge of housing policy said a 10% drop […]
