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Daniel Wong

Contributing editor, stats guy.

Canada

Teranet: Canadian Real Estate Prices Drop 1%, Largest Single-Month Decline Since 2010

Teranet - Canadian Real Estate Prices Drop 1%, Largest Single-Month Decline Since 2010
November 16, 2017

Canadian real estate prices continue to fall, led by a decline in Toronto, reports land registry giant Teranet.

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Canada

Royal Bank Just Released Their Canadian Real Estate Forecast, Here’s The Numbers

Royal Bank Just Released Their Canadian Real Estate Forecast, Here’s The Numbers
November 15, 2017

Royal Bank just released their forecast for Canadian real estate prices, here’s the numbers and what they mean.

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Canada

Big Six Bank: Canadian Real Estate Affordability Worsens For The Longest Run In Decades

Big Six Bank - Canadian Real Estate Affordability Worsens For The Longest Run In Decades
November 14, 2017

It now takes up to 30 years to save a downpayment for Canadian real estate, and National Bank of Canada is sounding the alarm.

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Canada

Small Rate Hike? Here’s How That $1,000,000 mortgage can now cost Canadians over $900,000

Small Rate Hike? Here’s How That $1,000,000 mortgage can cost Canadians over $900,000
November 9, 2017

Canadian real estate prices are high, but rising interest rates are sending the final cost of a mortgage even higher.

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Montreal

Montreal Had Over 622,000 Residential Mortgages In 2016

Montreal Had Over 622,000 Residential Mortgages In 2016
November 7, 2017

Montreal real estate is seeing more buyers with mortgages, even though the rate of homeownership growth just hit an all-time low.

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Canada

Canadians Had Over 5.6 Million Residential Mortgages As Of Census 2016

Canadians Had Over 5.6 Million Residential Mortgages As Of Census 2016
November 7, 2017

Analysis of Census 2016 numbers show the great Canadian real estate binge pushed the total number of mortgages to a new all-time high.

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Vancouver

Vancouver Had Over 366,000 Residential Mortgages During Census 2016

Vancouver Had Over 366,000 Residential Mortgages During Census 2016
November 7, 2017

Vancouver residential mortgages show solid gains, despite rising real estate prices dragging the rate of homeownership lower.

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Canada

Toronto Real Estate Prices Increased 8% For Each Percent Increase of Population

Toronto Real Estate Prices Increased 8% For Each Percent Increase of Population
October 31, 2017

Toronto real estate prices are being pushed higher by supply… to an extent. Let’s get you started with a 10,000 ft view of the numbers.

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Canada

Homeownership Rates Across Canada Fall For The First Time In Over 45 Years

Homeownership Rates Across Canada Fall For The First Time In Over 45 Years
October 26, 2017

Canada’s high real estate prices, and broke Millennials dragged the rate of homeownership back to pre-Great Recession levels.

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Canada

Canadian Real Estate Dollar Volumes Are Dropping, Especially In Toronto

Canadian Real Estate Dollar Volumes Are Dropping, Especially In Toronto
October 24, 2017

Canadian real estate dollar volumes are dropping, with Toronto leading the country in declines for September.

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