Top Stories

This Week’s Top Stories: Canadian Non-Bank Mortgage Lenders Had Over 34,000 Late Mortgages, and Housing Starts Hit A Multi-Year High

Time for your weekly cheat sheet on this week’s most important stories. Canadian Real Estate Ontario Loses Over 5,000 Real Estate Jobs, BC Hits New All-Time High Real estate sector jobs made a minor movement on a national scale, but there’s a major shift on a regional basis. FIRE seasonally adjusted employment fell to 1.193 […]

Top Stories Toronto

This Week’s Top Stories: Canada Loses 11,000 Construction Jobs, and Over 1 In 10 Canadians Fall Behind On Debt Payments

Time for your weekly cheat sheet on this week’s most important stories. Canadian Real Estate Canada Lost 16,000 Jobs In May, Over 11,000 Were In Construction Canadian job numbers made an unusual decline in May, mostly due to a drop in construction. ADP employment numbers dropped to 16,519,461 jobs in May, down 0.10% from the […]

Top Stories Toronto

This Week’s Top Stories: Canadian Real Estate Price Growth Dwarfs US Cities, and HELOC Debt Hits A Milestone

Time for your weekly cheat sheet on this week’s top stories. Canadian Real Estate Canadian Real Estate Price Growth Looks Absurd When Compared To Bubbly US Cities Canadian real estate prices made such a large move since 2000, the growth dwarfs even the frothiest of US cities. Toronto, Montreal, and Vancouver have seen real estate […]

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This Week’s Top Stories: Canadian Banks Prepare For Household Vulnerabilities, As Real Estate Debt Tops Record High

Time for your weekly cheat sheet on this week’s top stories. Canadian Real Estate Canadian Mortgage Debt Hits A New Record, $1.56 Trillion Outstanding Canadian mortgage debt reached a new all-time high. There was over $1.56 trillion in mortgage debt outstanding in April, up 3.2% from last year. While there is some growth, it’s extremely […]

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This Week’s Top Stories: Canada Is Crowned The King of Unaffordable Real Estate, and New Condo Prices Hiccup In Toronto

Time for your weekly cheat sheet on this week’s most important stories. Canadian Real Estate Canadian Housing Is The Least Affordable In The World… For Local Incomes Canadian real estate prices are the least affordable of advanced economies. Canada’s house price to income ratio reached 122.9% in Q4 2018, up 2% from the year before. […]

Top Stories Toronto

This Week’s Top Stories: Money Laundering Is Responsible For 1 In 20 BC Real Estate Dollars, and Toronto Is Shrinking Condo Sizes

Time for your cheat sheet on this week’s most important stories. Canadian Real Estate Money Laundering Provided 1 In 20 Dollars For BC Real Estate The Government of BC found extensive money laundering is occurring across the province. A paper released by the province estimates $7.4 billion in laundered funds entered BC in 2018, with […]

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This Week’s Top Stories: Toronto and Vancouver Place Huge Price Premiums on Condos, While Sales Drop In Both Cities

Time for your weekly cheat sheet on this week’s most important stories. Canadian Real Estate Toronto And Vancouver Are Placing Absurd Price Premiums On Condos Toronto and Vancouver property assessments place a huge premium on condo apartments. Toronto apartments have a median assessment value of $457 per square foot (PSF) in 2018, 32% higher than […]