The über rich are flocking to Sydney for second homes, 7% of Toronto homes sold were owned less than a year, and BoC finds mortgage problems.
China’s international real estate binge is dead, 3.1 million US mortgages are still underwater, and Toronto has a ton of ballin’ families.
Canadian debt problems are getting out of control, Vancouver does have domestic speculators, and there’s a global pension shortage.
This week we discuss real estate commodity cycles, global millennial homeownership rates, and why inflation numbers are wrong.
This week’s top news for Canadian real estate, including Canada’s speculation problem, Vancouver’s mortgage quality is slipping, and more.
Toronto real estate might be turning a corner, Mainland Chinese buyers aren’t exchanging yuan, and Vancouver is seeing higher prices again.
This week’s top real estate stories were around subprime lending in Canadian real estate, and prices are still climbing.
A summary of the most important Canadian real estate stories: Canada’s reliance on debt, Toronto speculators, and Vancouver renters.
This week we found out the world’s most expensive cities, Chinese buyers might have hit peak, and Canadians are making less than last year.
We summarize this week’s smartest insights, including Asia’s speculation problems, Vancouver’s buying pools, and Toronto real estate prices.