Teranet: Montreal and Toronto Real Estate Prices Drop, Vancouver Soars
Montreal and Toronto real estate prices decline, but Vancouver rises so much it brings the whole Teranet index into positive territory.
Montreal and Toronto real estate prices decline, but Vancouver rises so much it brings the whole Teranet index into positive territory.
Canadian real estate prices have been climbing, in cities with perceived housing shortages. The belief that there isn’t enough land to accomodate more people, shot prices higher in Toronto and Vancouver. This week, the Fraser Institute poured some cold water on that narrative, showing that Canadian cities have a long way to go in terms […]
Despite having some of the most expensive real estate in the world, Canadian cities rank low on density. Unfortunately, they also rank pretty low for economic output.
Canadian real estate buyers have been maxing out their borrowing room, according to calculations from 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.