Due to my background, I’m invited to quite a few privileged conversations. One of those occurred a few months ago, when a Beijing-based money manager sent my office an email, and asked if I could meet him in Toronto for coffee. He was fairly vague, but said he just wanted to have a casual conversation […]
Toronto real estate is less than a point away from being in “crash” territory, and market mechanics are still broken.
Toronto real estate prices are taking its toll on homeownership rates, but the number of mortgages continue to rise.
Toronto real estate prices are being pushed higher by supply… to an extent. Let’s get you started with a 10,000 ft view of the numbers.
The gap between Canadian real estate sale prices, and what homeowners estimate their homes to be worth is closing. Although it’s still huge.
The US Federal Reserve has a super secret indicator for tracking bubbles, and they think Canadian real estate is at risk for a correction.
Canada’s high real estate prices, and broke Millennials dragged the rate of homeownership back to pre-Great Recession levels.
Canadian real estate dollar volumes are dropping, with Toronto leading the country in declines for September.
Canadian real estate prices are showed a second month of price deceleration according to Teranet and National Bank of Canada.
Vancouver condos get a bump in prices, sales, and listings. Heck, even historic numbers got a bump due to a re-calculation of sales.