Time for your cheat sheet on this week’s most important stories. Canadian Real Estate A Large Canadian Bank Just Blamed The Bank Of Canada For The Property Bubble One of Canada’s largest banks attributed the country’s frothy real estate market to the central bank. BMO wrote, “a surge in demand started by the pandemic, but […]
Time for your cheat sheet on this week’s biggest stories. Canadian Real Estate Canadian Real Estate Overvalued, Toronto Needs A 28% Correction For Fair Value: IMF Many Canadian real estate markets are massively overvalued, according to the IMF. Their model shows Toronto’s estimated value is 28.2% lower than current prices. Vancouver’s estimated fair value is […]
Time for your cheat sheet on this week’s most important stories. Canadian Real Estate Canadian Property Bubble Nears Systemic Failure, And Not Even A Big Crash Can Fix It It’s too late for a real estate price crash to make Canada’s largest markets affordable. That’s what Rob Carrick, one of the country’s top personal finance […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Real Estate In A “Melt Up,” And Little Chance Of Stopping It By Spring: BMO Canadian real estate prices are in a “melt up,” says one the country’s largest banks. This is when prices show unsustainable price growth, based solely on […]
Time for your cheat sheet on this week’s most important stories. Canadian Real Estate Bank Of Canada Wants A Housing Bubble, While Other Central Banks Try To Pop Them The Bank of Canada is embracing fast rising home prices, but that’s not a normal reaction. Especially at this time, in markets with overheated real estate. […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canada Tried To Stop Real Estate Prices From Falling, And Created A Bigger Bubble When news of a global pandemic struck, Canada kicked into action… to prevent real estate prices from falling. By the end of March they started to cut interest […]
Time for your cheat sheet on this week’s most important stories. Canadian Real Estate BOC Governor Says Canada Will Lean On Real Estate Because “We Need The Growth” Canada’s central bank didn’t just dismiss concerns about the hot real estate market, but welcomed them. Bank of Canada governor Tiff Macklem dismissed the need for cooling […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Everything’s A Bubble, And Canadian Real Estate Was One Of The Worst Returns Canadian real estate printed huge price gains this year, but how does it compare to other assets? Comparing returns for other investments that have been popular with Millennials, it […]
Time for your cheat sheet on this week’s most important stories. Canadian Real Estate Canadian Unemployment Is 55% Higher Than G7 Average: OECD Canada has the fastest growing real estate prices in the G7… and the highest level of unemployment. The country’s rate is now 9.4% in January, up 67.86% from the same month last […]
Time for your weekly cheat sheet on this week’s top stories. Canadian Real Estate Buying A Typical Home In Canada? Cities Now Require Incomes Of Up To $230,000 Buying a typical home across Canada is now out of reach for many, especially if it’s where the jobs are. A typical non-condo apartment in Toronto, requires […]
