Skip to content
  • Institutions
  • About
  • Rate ForecastNew
logo

Category: Canada

Canada

Canadian Banks Are Extending Amortizations Over 35 Years To Avoid Defaults

April 27, 2023

What’s the secret to Canada’s remarkably low delinquencies, despite soaring interest rates? Never paying off those super-sized mortgages, apparently. Filings from Canada’s Big Six banks show a big share of mortgages had remaining amortizations of 30 years or longer in Q1 2023. Most of the Big Six reported at least a quarter of their portfolio […]

Continue Reading
Canada

Canada’s Money Supply Is Growing At The Slowest Pace In Decades 

April 26, 2023

Higher interest rates are doing something many thought impossible—it slowed Canadian borrowing. Bank of Canada (BoC) data shows the M2++ growth slowed further in February. The M2++ is a broad measure of the country’s money supply, closely linked with demand. The latest numbers show annual growth hasn’t been this low in at least four decades.  […]

Continue Reading
Canada

Canada Expected To Enter Recession, No Rate Cuts Until Next Year: BoC Survey

April 25, 2023

Canada’s economy is heading for a slowdown, and real estate might amplify it. That was the takeaway from the Bank of Canada (BoC) Market Participant Survey in Q1 2023. The survey polls financial market experts for their outlook over the next two years. The results reveal they see a recession this year, with weak housing […]

Continue Reading
Canada

Canada’s Variable Rate Mortgage Binge Is Over

April 24, 2023

Canadian real estate owners are seeking the security (& discount) of fixed rate mortgages. Bank of Canada (BoC) data shows the share of new mortgage loans with variable interest continued to shrink in February. Just one year ago, the majority of new loans were attached to variable rate mortgages. Now the share is back to […]

Continue Reading
Canada

Canadian Real Estate Prices Make Record Drop, No Quick Recovery: NBF

April 21, 2023

One of Canada’s biggest banks isn’t sold on a quick recovery for real estate prices. The Teranet-National Bank of Canada HPI (TNB HPI) just reported home prices made the largest annual drop on record in March. The economist that prepared the report warns home sales are still too weak to call for a recovery in […]

Continue Reading
Canada

Canada Didn’t Have A Real Estate Supply Shortage, But Its Gov May Create One: BMO

April 20, 2023

Canada’s pull back in new housing starts has presented supply concerns, but they shouldn’t… yet. A new analysis from BMO Capital Markets reiterates they don’t see a lack of supply, but too much demand. Looking at the number of new housing starts to working age population growth, they show little deviation from historical norms. However, […]

Continue Reading
Canada

Canadian Mortgage Credit Remains Flat Despite Rising Home Prices

April 19, 2023

Canadian households are split between those deleveraging and those continuing the borrowing spree. Bank of Canada (BoC) data shows outstanding mortgage credit was virtually flat in February. Not as bad as contracting, which is a rare event in Canada. However, prior to the past two months, mortgage credit hasn’t moved this slow in well-over a […]

Continue Reading
Canada

Canada’s Cheap Mortgage Credit Is Fueling Higher Real Estate Prices… Again

April 18, 2023

Canadian real estate prices are rising again, and everyone is scrambling to explain. Sure, you make a compelling argument that [insert any city in Canada] is the next Manhattan. However, Bank of Canada (BoC) data reveals a more blunt answer—witchcraft. Just kidding, it’s the reintroduction of cheap credit and the leverage that comes with it. […]

Continue Reading
Canada

Canadian Real Estate Markets Saw Prices Rise Up To $42k In A Month

April 17, 2023

Canada’s credit-crazy real estate buyers have flooded the market once again. Canadian Real Estate Association (CREA) data shows a benchmark, or typical, home rose in March 2023. Breaking the data down by market, most saw substantial increases. One market even saw prices rip over $40k higher over a span of just 31 days.  Canadian Real […]

Continue Reading
Canada

Canadian Real Estate Correction May Be Over As Prices Rip Higher

April 14, 2023

Just a few weeks ago, we pondered if Canada’s real estate correction would pause with an influx of cheap credit and government-led stimulus measures. Canadian Real Estate Association (CREA) data released this morning confirmed it, with the benchmark home price rising significantly in March. Asset prices never move in a straight line, so it’s too […]

Continue Reading
Page navigation
  • ‹
  • Page 1
  • Current Page 2
  • Page 3
  • Page 4
  • ›
  • »

Primary Sidebar

Better Dwelling Toronto Real Estate News Apple Ad

Subscribe

Canada's fastest growing real estate blog, right to your inbox.

logo
  • Home
  • About
  • Contact
  • Masthead
  • Advertise
  • Investors
  • Terms of Service
  • Privacy Policy
  • Editorial Policy
  • Toronto Real Estate
  • Vancouver Real Estate

Copyright 2023 Better Dwelling

Better Dwelling Logo
Better Dwelling Logo
  • Home
  • Canada
    • Toronto
    • Vancouver
  • China
  • Global
  • United States
  • Forum

Trending

  • Canadian Real Estate Expected To See A “Historic Correction,” Biggest Drop Ever: RBC
  • The Canadian Real Estate Bubble’s Supply Shortage Myth Is Unraveling: BMO
  • A Lot of Canadian Real Estate Owners Decided To Own 4 Or More Homes In 2020
  • Canadian Cities Have Seen Investors Buy Up To 100% of Newly Constructed Condos
  • About
  • Advertise
  • Contact
  • Masthead
  • Press
  • Tips
Better Dwelling Logo

Log In

Already have an account? You're good to go.

Sign Up

Create your instituional account with the ID provided by your administrator. This program is invite only, but sign up for our newsletter and we'll let you know when it opens up.

Forgot Your Password?

We know. Ever since they stopped letting you use "password," you've felt like Sisyphus carrying that rock... but like, with passwords.