1 In 5 Canadian Homeowners Commits Mortgage Fraud: Broker
Scott Nazareth, one of Canada’s top mortgage brokers estimates 20% of Canadians are committing mortgage fraud to qualify for homeownership.
Canadian Consumers Set A New Debt Record, Over $2 Trillion
Canadian real estate helped drive consumer debt levels so high, it would take the net worth of the 9 richest people in HISTORY to pay it off.
CMHC Helps Build Another Vancouver…In Beijing. Ironically, It’s Also Half Empty
Vancouver real estate is so sought after in China, they built their own! Complete with concrete replicas of the city’s historic homes.
OECD: Expect A ‘Disorderly’ Housing Correction In Toronto and Vancouver
Latest report from the OECD says a correction in Canadian real estate “threatens the financial stability” of Canada.
Timberrr…Vancouver Real Estate Selling For Less Than Purchase Price
Vancouver real estate begins listing for a loss. The strangest part? These three homes were all purchased less than a year ago.
What Bubble? Vancouver Condo Lists For $58M
The penthouse at 277 Thurlow Street just listed for $58.8 million. If it sells near there, it’ll set a new record for Vancouver real estate.
CSIS Warns of Chinese Influence On Canadian Real Estate…20 Years Ago
The 20 year old RCMP and CSIS report Sidewinder, warned China was purchasing Canadian real estate to control the economic levers of Canada.
Tracking The Future of Canadian Real Estate Using Wage Growth
We take a look at hourly wage growth in Canada, and how it might be an indicator of the future of Canadian real estate.
Average Canadians Can’t Borrow Enough For Average Homes As of Today
Canada’s new mortgage rules go into effect today. Here’s how they might make housing even less affordable, while bringing prices down.
Vancouver Condos Get A Price Drop, Burnaby Sees Higher Demand
Vancouver real estate takes another hit, with condos dropping 0.5% since August. Still not a deal, but it’s getting interesting.
