Bank of Canada: Growing Share of Mortgages Taking Place Outside of Regulation
Canadian real estate buyers are increasingly turning to non-regulated lenders according to the Bank of Canada.
Canadian real estate buyers are increasingly turning to non-regulated lenders according to the Bank of Canada.
Canadian real estate debt problems are growing, as seniors increasingly turn to reverse mortgages to make up the gap between their home equity and retirement savings.
Foreign buyer numbers for Toronto and Vancouver real estate might seem trivial, but they’re applying significant pressure to “affordable” housing in those cities.
New data from Statistics Canada shows that new completions in Toronto and Vancouver are way more popular with non-resident buyers than most people think.
New data from Statistics Canada show billions of dollars of Vancouver residential real estate is being consumed by foreign buyers.
Foreign buyers have been scooping up Toronto real estate, and the numbers are nothing short of mind boggling.
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?