Montreal real estate debt is rising, but how much other debt do households have? Equifax numbers from the Canada Mortgage and Housing Corporation (CMHC) show that the majority of debt is real estate related, but there’s still a lot of consumer debt. When broken down into payments, consumer debt requires even more cash to service. About […]
Montreal real estate is seeing more buyers with mortgages, even though the rate of homeownership growth just hit an all-time low.
Montreal household incomes are up from the last census, but are still behind the median household across Canada.
Montreal real estate isn’t a booming market, and they aren’t getting Toronto and Vancouver’s foreign buyers.