Canadian Real Estate Sales See Largest Drop Since 2008, Here’s Why
Canadian real estate sales see the biggest drop since the Great Recession, and it’s actually in line with what was expected.
Toronto and Vancouver Real Estate Showing “Excessive Exuberance” Shows CMHC Indicator
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 Growth Falls To The Lowest Rate In 2 Years
Canadian mortgage credit growth drops to its lowest level in two years. Here’s what that means for real estate prices.
Toronto Real Estate Gets First Median Price Decline Since 2009
Toronto real estate set a quiet new record, with the first annual decline in median sale prices since the Great Recession.
Canadian Pensions Can’t Buy Your Mortgages Fast Enough
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.
US Federal Reserve: Canadian Real Estate Prices Are The Fastest Falling In The World
Canadian real estate prices made the largest quarterly decline in over 26 years, according to US Federal Reserve Bank of Dallas data.
Loans Against Canadian Real Estate Rocket To A New High
Canadians are using rapidly borrowing against their real estate windfall, sending the total levels of debt secured by home equity to a record high.
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.
Toronto and Vancouver Real Estate Rank Low For Density, High For Prices
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 […]
Canadian Cities Rank Low For Density, But Also Economic Output
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.
