Canadians Push Past $2 Trillion In Debt To Set A New Record…Again
Canadians now hold over $2.025 trillion in debt according to the Bank of Canada, setting another all-time high, and it my be accelerating.
Canadian Incomes Declined For The First Time In Four Years
Median income for Canadians began falling in 2015 according to Statistics Canada latest survey release. This is the first time in 4 years.
New Home Prices Are Over 50% Higher In Canada Than The US
The gap between new home prices in Canada and the US is growing, with Canadian homes now more than 50% more expensive.
70% of China’s Millennials Are Homeowners, Canadians and Americans…Not So Lucky
Turns out Canadian and American millennials are finding the pursuit of homeownership a little more difficult than their Chinese counterparts.
Almost 40% of Toronto Lives In “Rare” Detached Homes
Soaring prices for Toronto’s detached homes are often attributed to the decline of detached units, but apparently that’s just a myth.
Toronto Luxury Sales Up Almost 75% In April
Plot twist. Toronto real estate sales are down, but the luxury segment is booming. What the f**k does that mean?
Average Home Price In Canada Is Up Over 19% From Last Year
The average Canadian home price rose $100,000 from April 2016, a 19% increase according to the Canadian Real Estate Association.
Vancouver Had More Detached Homes For Sale Than Condos Last Month
Vancouver condo sales decline, but a quick drop in inventory sent prices higher for a third month in a row.
Toronto Condos See Price Gains, More Sales In April
Toronto’s condo market saw less new listings, more sales, and higher prices in April. Although there’s something worth noting in the charts.
Suburban Vancouver Sees The Highest Price Increases For Detached Homes
Vancouver real estate is starting to warm up again, and this time detached suburban homes are leading the way.
