Here’s What Canadian Real Estate Did After The Last Interest Rate Hike
Lowering interest rates pumped up Canadian real estate prices, but will raising them lower prices? It didn’t last time.
Lowering interest rates pumped up Canadian real estate prices, but will raising them lower prices? It didn’t last time.
Toronto real estate is having a rough June, but the segment hit worst is detached homes. Detached inventory has more than doubled.
Vancouver real estate prices might be getting a bump, but there’s 5 regions in the REBGV that are in negative territory.
Vancouver real estate might be printing fresh highs, but the detached market is now posting annual rises lower than inflation.
Toronto real estate makes a sharp turn. Prices growth is slowing, sales are dropping, and inventory is hitting highs.
Vancouver real estate prices are making surreal movements, with the benchmark price increasing a whopping $1,006 dollars per day last month.
Foreign buyers accounted for 4.7% of Toronto area real estate purchases. This includes people eligible for the foreign buyer tax rebate.
Canada has twice the ratio of vacant homes the US did before the great recession, indicating Canadian real estate may be in hypersupply.
Vancouver real estate fetches a premium because of the business being done on the land, but no one’s measuring it. Don’t worry, we just did.
A website has popped up advertising foreclosed Vancouver real estate listings, but how did the agent find so many? They didn’t.