This Week’s Top Stories: Canadians Are “House Poor,” And A Big Bank Suggests Cooling Real Estate Demand

Time for your cheat sheet on this week’s most important stories.  Canadian Real Estate Canadian Real Estate Needs More Focus On Demand-Side Issues: BMO Canadian real estate needs to focus on the demand-side measures to fix housing. Urban housing completions hit over 200,000 annualized units in July. The higher than usual supply should be cooling […]

This Week’s Top Stories: Canadian Real Estate Has A Money Laundering Problem, and An Ineffective Affordability Plan

Time for your cheat sheet on this week’s most important stories.  Canadian Real Estate Canada’s Largest Source Of Money Laundered Funds For Real Estate Is… Canadians Dirty money from Canada is the biggest source of cash laundered through real estate. Global Financial Integrity (GFI) conducted a study, and found US$626.3 million ($822.7 million) of real […]

This Week’s Top Stories: Bank of Canada Worries About Deteriorating Mortgage Quality, As Rates Fall Below Inflation

Time for your cheat sheet on this week’s top stories.  Canadian Real Estate Canadian Mortgage Quality Has “Deteriorated”: Bank Of Canada Newly issued mortgage debt is going to highly indebted mortgage borrowers. These borrowers represent 21.7% of mortgages issued in Q4 2020, a new record high. It even dwarfed the previous record set in 2016, […]

This Week’s Top Stories: The Global Property Bubble Is Forecast To Pop, and Canada Is The Second Biggest Bubble

Time for your cheat sheet on this week’s most important stories.  Canadian Real Estate Global Property Bubble To Correct, Canada Is The Second Riskiest: Oxford Economics Global real estate prices are forming a bubble, and a big economics firm sees it popping soon. An Oxford Economics analysis shows global home prices are 10% above the […]

This Week’s Top Stories: Canadian Property Bubble Is Second Biggest In The World, and Buyers Disappear Faster Than Sellers

Time for your cheat sheet on this week’s top stories.  Canadian Real Estate The Canadian Property Bubble Is Now The Second Biggest In The World: Bloomberg Bloomberg ranked the world’s largest real estate bubbles, with Canada taking second spot. Topping the list was New Zealand (#1), Canada (#2), and Sweden (#3). The UK (#5) and […]

This Week’s Top Stories: The Canadian Property Bubble Reaches The Contagion Stage, and Mortgage Rates Forecast To Rise 40%

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, […]