Top Stories

This Week’s Top Stories: Canadian Real Estate Sales and Prices Make Big Drops, While Developer Debt Hits An All-Time High

Time for your weekly cheat sheet on this week’s most important stories. Canadian Real Estate Canadian Real Estate Sales Print Worst February Since Before The Great Recession Canadian real estate sales are slowing dramatically from last year. CREA reported 29,974 sales in February, up 25% from the month before. This represents a 4.41% decline compared […]

Canada

This Week’s Top Stories: Delinquencies on Toronto and Vancouver Real Estate Rise, and So Do Mortgage and HELOC Payments

Time for your weekly cheat sheet on this week’s most important stories. Canadian Real Estate Toronto And Vancouver Real Estate See Mortgage Delinquencies Start To Climb Mortgage delinquencies in Toronto and Vancouver are off an of all-time low, especially on larger loans. Delinquencies on mortgages over $400,000 at origination in Toronto CMA increased 28.75% from […]

Top Stories

This Week’s Top Stories: Canadian Real Estate Price Growth Drops To 2009 Levels, Condo Market Weakens In Toronto and Vancouver

Time for your weekly cheat sheet on this week’s most important stories. Canadian Real Estate Canadian Real Estate Prices Make Smallest Price Change Since Great Recession Canadian real estate prices are moving a lot slower in 2019. The price of a typical home in Canada hit $613,500 in January, up 0.79% from the year before. […]

Top Stories

This Week’s Top Stories: Canada Considers Move To Increase Real Estate Debt, While Toronto and Vancouver Detached Prices Rollback Years Worth of Gains

Time for your weekly cheat sheet on this week’s most important stories. Canadian Real Estate Canadian Government Considers Move To Load Households With More Real Estate Debt The Government of Canada is considering lengthening mortgage amortizations for first-time buyers. While the move will lower monthly payments, it increases the amount of debt they can carry […]

Top Stories

This Week’s Top Stories: Toronto and Vancouver Real Estate Sales Fall To Great Recession Levels, Debt Growth Lowest Since 1983

Time for your weekly cheat sheet on this week’s most important stories. Canadian Real Estate The Last Time Canadian Household Debt Grew This Slow Was 1983 Canadian household debt hit a new record high, but the growth rate is decelerating. The balance of outstanding debt reached $2.16 trillion in December, up 3.1% from the year […]