Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Banks Report 1 In 4 Mortgages Are 35 Years Or Longer It’s that time of year where the birds are singing, the flowers are blooming, and Canadian banks are reporting they have a significant share of over leveraged clients. Four of […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Real Estate Prices Propped Up By Longer Repayment: Bank Regulator Canada’s bank regulator admits that longer repayment schedules are propping up prices. The country’s banks have seen an explosion of longer amortizations, with nearly 1 in 4 mortgages now having a […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canada Has Entered A Per Capita Recession, Quality of Life Expected To Erode Canada has officially entered a per capita recession, and it’s expected to get worse in the coming months. Aggregate GDP is beginning to slow but it’s skewed by the […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Real Estate Prices Set To Rip Higher After BOC Signal: BMO Canada’s real estate correction might be over less than a year after kicking off. BMO observed home buyers returned to the market shortly after the central bank “paused” hikes. At […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Banks Are Extending Amortizations Over 35 Years To Avoid Defaults Canada’s Big Six banks have a significant share of mortgages with amortizations over 35 years. BMO, CIBC, TD, and RBC all reported over a quarter of their portfolio had amortizations over […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Real Estate Correction May Be Over As Prices Rip Higher Canada’s real estate correction has seen prices begin to head the other way. A benchmark, or typical home, jumped 1.7% (+$12,300) to $727,700 in March. It was the second consecutive increase […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Real Estate Owners Aren’t Selling, Here’s Why Canadian real estate markets are seeing a drop in sales, but it’s the inventory drop that’s concerning. That was the warning BMO Capital Markets sent to investors this week. The reason? A lack of […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Real Estate Prices Will “Rip” Higher Due To The Fed: Scotiabank One of the country’s largest banks sees government policy driving home prices higher. Scotiabank warned investors that Federal policy is being rolled out to stimulate demand. Meanwhile, it’s contrary to […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canada’s Job Market Is Changing Fast As Vacancies Fall Sharply Canada’s been hit with a labor shortage over the past few years, but that may be coming to an end. Statistics Canada reported both vacant roles and the vacancy rate plummeted last […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Real Estate Prices Climb For The First Time In Nearly A Year Canadian real estate prices rose in February for the first time in nearly a year. CREA’s benchmark price showed the largest decline in annual growth in its history. The […]
