Canada’s federal banking regulators drop us a line to tell us that getting a mortgage for Canadian real estate, with foreign sourced income, is already a lot harder.
The Province of British Columbia unveiled its 2018 budget, including a 30 point plan to restoring housing affordability. Here’s the most important details that may impact Vancouver real estate prices.
Teranet’s Toronto real estate price index has stopped declining, but there’s a little more to those numbers.
Canadian real estate sales see the biggest drop since the Great Recession, and it’s actually in line with what was expected.
Canada’s largest real estate markets may be seeing irrational buying. The Canada Mortgage And Housing Corporation (CMHC), a Crown corporation, has developed a new method of tracking over enthusiastic buyers. The method detects periods of accelerated price growth, in Canada’s largest markets. The most recent readings show Toronto and Vancouver are showing excessive exuberance. Montreal […]
Canadian mortgage credit growth drops to its lowest level in two years. Here’s what that means for real estate prices.
Toronto real estate set a quiet new record, with the first annual decline in median sale prices since the Great Recession.
Canadian real estate has been one of the best performing assets in the country, and pensions are looking to cash in by rapidly expanding the residential mortgage credit held.
Canadian real estate prices made the largest quarterly decline in over 26 years, according to US Federal Reserve Bank of Dallas data.
Canadians are using rapidly borrowing against their real estate windfall, sending the total levels of debt secured by home equity to a record high.
