Millennial “Job Churn” Is Bad For Canadian Real Estate
The government’s endorsement of the Millennial work environment is going to have a serious consequences for Canadian real estate markets.
The government’s endorsement of the Millennial work environment is going to have a serious consequences for Canadian real estate markets.
Justin Trudeau’s Liberals won the last election one year ago today, so we’re looking at how real estate and the economy did over that time.
Turns out there’s 33 million people that don’t live in Toronto or Vancouver that compose the rest of the Canadian real estate market.
The Toronto condo market may be getting closer to maturity as the 905 begins to move faster than the city proper.
Toronto real estate prices continued higher in September, as buyers demonstrated a significant preference for detached homes.
Demand for Vancouver real estate dropped to February 2015 levels, which weren’t exactly ice cold but is a big change from recent months.
The Liberal Government led with foreign buyer news, but actually targeted Millennials and first time buyers with new mortgage changes.
Consumer debt levels in Canada, the UK, Australia, and New Zealand have surpassed the economic output of each of these countries.
Canada, Australia, New Zealand, and the UK are seeing households borrow record levels of debt to keep up with local real estate prices.
The whole Commonwealth realm is suffering from a real estate bubble – as Canada, Australia, New Zealand, and the UK see home prices soar.