Here’s Why Metro Vancouver Might Be Over Building By 50%
In 2016, Metro Vancouver started 1 home for roughly every person that moved to the area that year. Here’s why that might be too much.
First-Time Canadian Real Estate Buyers Are Making Record Down Payments
Despite Canadian real estate prices skyrocketing, first-time buyers are making larger down payments than ever.
Vancouver’s Condo Market Sees A Price Increase In January
After two months of declines, benchmark prices in the Vancouver condo market got a bump higher in January 2017.
Toronto Condo Sales Rise More Than 26% In January
Toronto condos pushed higher in January 2017. The month saw fewer listings, higher prices, and more sales than the same time last year.
Calgary Real Estate Sees Detached Sales Increase 25% In January
Calgary real estate got a positive indicator finally, with sales of detached homes increasing 25% in January 2017.
1 In 5 Canadian Homeowners Commits Mortgage Fraud: Broker
Scott Nazareth, one of Canada’s top mortgage brokers estimates 20% of Canadians are committing mortgage fraud to qualify for homeownership.
Chinese New Year Sales of Vancouver Real Estate Down 78%
Vancouver real estate saw less than a quarter of the typical buying during the usually busy Chinese New Year period.
Vancouver Detached Home Prices Drop For 6th Month In A Row
Vancouver real estate can’t catch a break. Detached homes saw sales cut in half last month, and prices declined for the sixth month in a row.
Canada Creates 48,000 Jobs, But Inflation Grew 25% Faster Than Wages
Canada dropped some killer job numbers at first glance, but a second look shows the quality of jobs is rapidly deteriorating.
3 In 5 Toronto Neighborhoods See Detached Home Prices Rise Over 20%
Toronto real estate had a strong start to the year, with detached homes rising over 20% year over year in 3 out of 5 neighborhoods.
