After the foreign buyer tax, inquiries for properties under a million dollars soared at Juwai – China’s largest overseas real estate portal.
Alberta’s non-recourse mortgages mean many people can walk away from their mortgages with minimum consequences in the event of a crash.
Canadian real estate prices have soared so high, the average Millennial now needs to wait at least 10 years to save a downpayment.
The Canadian housing bubble extends far beyond Vancouver, and we look at one of the primary contributors – low mortgage rates.
Large Canadian pensions are looking to reduce exposure to Vancouver real estate, we look at one of the reasons why – cap rates.
Canada’s large public pensions are beginning to lower exposure to the Vancouver real estate market, setting off new alarms of the bubble pop.
More than a few people have been saying that if there was a crash, we would see an increase on late payments on mortgages. This logic seems solid on the surface, but makes BC’s situation all the more confusing. People are purchasing homes at 21x the medium income, it doesn’t quite make sense that no […]
Absorption rates show demand for BC real estate reversed in March 2016, so why was a foreign buyer tax thrown in last minute?
Jealous of your friends that have mortgages and homes? Don’t be. Renting might be the smartest move you can make in this market.
Housing exposure at Canadian banks is leading to billions of dollars in bets against them, and executives aren’t exactly saying they’re wrong.