Canadian Consumer Credit Growth Is Decelerating, Here’s Why That’s Bad For Real Estate
Consumer credit growth is starting to decelerate faster than anticipated, and that’s bad news for Canadian real estate.
Consumer credit growth is starting to decelerate faster than anticipated, and that’s bad news for Canadian real estate.
Canadian real estate prices are skyrocketing, along with household debt. Here is data from Ottawa, that doesn’t make it seem all that bad.
Filings from Canada’s banking regulator show that Canadian real estate owners are borrowing against residential homes at a record pace.
The Canadian real estate market is freaking out about what stress testing means for new buyers, but what does it mean for existing homeowners?
The Big Six banks are seeing explosive growth in the uninsured mortgage sector, ahead of stress tests to cool Canadian real estate demand.
Multiple mortgages are on the rise across Canadian cities, especially in the country’s hottest markets like Toronto, and Vancouver.
Bank of Canada is now warning that Canadian real estate mortgages might be a huge risk, here’s what they said.
Vancouver and Toronto real estate owners are in for trouble if mortgage rates rise an additional 100bps, according to one of the Big Six banks.
Global banking giant UBS compiled its annual Global Real Estate Bubble Index. Toronto takes the top spot, and Vancouver comes in fourth.
Canadian real estate is getting pricey, but how does it compare to historical levels of affordability? Here’s the numbers.