Renting In Vancouver Just Turned Into “The Hunger Games”
The CBC just reported over 130 people lined up for a shot at renting a single apartment, and things could get worse for Vancouver renters.
The CBC just reported over 130 people lined up for a shot at renting a single apartment, and things could get worse for Vancouver renters.
New data from the Ministry of Finance shows that Toronto real estate has a bigger problem than foreign buyers, speculators from Toronto.
Canada’s addiction to credit has created a massive shadow banking sector, which is now more than half the size of traditional banks.
Vancouver real estate got a little good news in March. Detached homes stopped their 8 months slide, with a pretty solid uptick in prices.
Here’s a look at interest rates, and how a 5% hike would impact Canadian real estate prices. Even though the BoC “thinks” they aren’t related.
Toronto real estate saw a sharp increase of new detached homes listed in March, setting a new single month record.
The rush to cash in on Vancouver’s premium land values had led to a 45 year high for new construction starts in the city.
Weekly wages increased slower than the rate of inflation, leaving many Canadians with less buying power than last year.
Canadian real estate set another record, building starts. Can population growth keep up with the multi-year high for new construction?
Vancouver real estate saw prices climb, despite less sales and more inventory. That’s how supply and demand works, right?