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Daniel Wong

Contributing editor, stats guy.

Canada | China | Global

Flood of Foreign Buyers In March? Nope. China’s FX Reserves Rise Again

Flood of Foreign Buyers In March? Nope. China’s FX Reserves Rise Again
April 7, 2017

Did foreign buyers run the Canadian real estate market in March? Not likely, since China saw another month of capital inflows, not outflows.

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Vancouver

Vancouver’s Foreign Buyer Tax Didn’t Stop Real Estate Sales, China Did

Vancouver's Foreign Buyer Tax Didn't Stop Real Estate Sales, China Did
April 2, 2017

Think a foreign buyer tax reduced sales of Vancouver real estate? Not exactly. Declining sales have more to do with a China stopping outflows.

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Toronto

You Could Have Made 30% More If You Bought Gold Instead of Toronto Real Estate

You Could Have Made 30% More If You Bought Gold Instead of Toronto Real Estate
March 31, 2017

Toronto real estate was a great investment, but how did it stack up against an equivalent investment in gold? We run the numbers to find out.

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Canada

Using Artificial Intelligence To Understand Canadian Politics and Home Prices

Using Artificial Intelligence To Understand Canadian Politics and Home Prices
March 23, 2017

Do politics have a correlation to Canadian home prices? Here’s what we found crunching 30 years of national home prices using IBM’s Watson.

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Canada

Bank of International Settlements Flags Canada For Financial Crisis Next Year

Bank of International Settlements Flags Canada For Financial Crisis Next Year
March 11, 2017

Canada’s credit-to-GDP gap has the international banking watchdog warning that a financial crisis will come as early as next year.

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Canada

1.91 Million Canadians Are Borrowing Against Their Home Equity

1.91 Million Canadians Are Borrowing Against Their Home Equity
March 1, 2017

Soaring real estate prices are seeing more Canadians borrow against the equity in their home, here’s how much and what they’re doing with it.

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Canada | US

PwC: Canada To Drop Out of Top 20 Economies, US To Fall To 3rd

PwC - Canada To Drop Out of Top 20 Economies, US To Fall To Third By 2050
February 27, 2017

Top accounting firm PwC sees a few developing countries surpassing many of today’s advanced economies, here’s how they ranked.

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Canada

First-Time Canadian Real Estate Buyers Are Making Record Down Payments

First-Time Canadian Real Estate Buyers Are Making Record Down Payments
February 23, 2017

Despite Canadian real estate prices skyrocketing, first-time buyers are making larger down payments than ever.

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Vancouver

Chinese New Year Sales of Vancouver Real Estate Down 78%

Chinese New Year Sales of Vancouver Real Estate Down 78%.
February 16, 2017

Vancouver real estate saw less than a quarter of the typical buying during the usually busy Chinese New Year period.

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Canada

Canada Creates 48,000 Jobs, But Inflation Grew 25% Faster Than Wages

Canada Creates 48,000 Jobs, But Inflation Grew 25% Than Wages Did
February 14, 2017

Canada dropped some killer job numbers at first glance, but a second look shows the quality of jobs is rapidly deteriorating.

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