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Canada

Canadian Government Is Now Warning Household Debt Will Shatter Records

Canadian Government Is Now Warning Household Debt Will Shatter Records
June 21, 2017

Canada’s Parliamentary Budget Officer is warning that household debt will accelerate through next year, shattering previous debt records.

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Canada

Government of Canada Doesn’t Expect Interest Rates To Rise Until 2018

June 20, 2017

A new release from the Parliamentary Budget Officer of Canada doesn’t anticipate interest rates will rise until sometime next year.

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Vancouver

Deep Pocketed Boomers Just Sent Vancouver Condos To An All-Time High

Deep Pocketed Boomers Just Sent Vancouver Condos To An All-Time High
June 20, 2017

Vancouver real estate is back. Downsizing Boomers are competing with first-time buyers, sending condo prices to a new record high.

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Vancouver

A Third of Vancouver Commercial Real Estate Sales Were Residential Land

A Third of Vancouver Commercial Real Estate Sales Were Residential Land
June 19, 2017

Residential land accounted for almost a third of all commercial land sales in Vancouver, down from 50% the same time last year.

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Toronto

Toronto Condo Prices Are Rising Faster Than Any Other Home Type

Toronto Condos Prices Are Rising Faster Than Any Other Home Type
June 19, 2017

Toronto real estate may be cooling, but condos are seeing the fastest rising prices in the country – with the exception of a Toronto suburb.

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Canada

Bank of Canada Flags Risks Associated With Traditional Mortgages

Bank of Canada Flags Risks Associated With Traditional Mortgages
June 17, 2017

High-ratio borrowers have always been a concern, but the the Bank of Canada is now highlighting risks associated with traditional mortgages.

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Toronto

Affluent Toronto Suburb Sees Largest Real Estate Price Drop Since 2008

Affluent Toronto Suburb Sees Largest Real Estate Price Drop Since 2008
June 16, 2017

While Toronto real estate is making up it’s mind, we take a peak at how prices changed in an affluent suburb to see if we can gain insights.

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Vancouver

Don’t Expect Vancouver Real Estate To Turn Negative For At Least 16 Months

Don’t Expect Vancouver Real Estate To Turn Negative For At Least 16 Months
June 15, 2017

We take a look at how long it takes for Vancouver real estate prices to experience negative growth, and generally how long it lasts.

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Toronto

7% of Toronto Homes Were Bought and Sold Within A Year

7% of Toronto Homes Were Bought and Sold Within A Year
June 15, 2017

New data shows Toronto real estate prices surged right when people decided it was a good time to buy and sell property in less than a year.

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Toronto

Toronto Sees A 64% Increase In New Detached Listings

Toronto Sees A 64% Increase In New Detached Listings
June 14, 2017

Toronto real estate is seeing a ton of new inventory, and detached homes are no exception. The market still saw higher prices.

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