Top Stories

This Week’s Top Stories: Canadians Used More Leverage For Real Estate Than Expected, and Credit Growth Is Decelerating

Time for your weekly cheat sheet on this week’s top stories. Canadian Real Estate Canadian Credit Is Decelerating, Mortgage Growth Falls To Lowest Rate In 17 Years The Canadian credit cycle appears to be heading into its contraction phase. The balance of household debt reached $2.119 trillion at the end of May, up 4.4% from […]

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This Week’s Top Stories: Unpacking WTF Was Going On With Toronto and Vancouver Real Estate Buyers, and the Industry Lowers Sales Forecasts

Time for your weekly cheat sheet on this week’s most important stories. Canadian Real Estate CMHC: 55% Of Toronto And Vancouver Real Estate Buyers Were In A Bidding War The CMHC took a novel approach to finding out why Toronto and Vancouver buyers were so frenzied – they asked them. Conducting a survey of recent […]

Canada Top Stories

This Week’s Top Stories: IMF Warns Real Estate Prices Are A Risk For Canada, and Canadians Are Paying A Record Amount Of Interest

Time for your cheat sheet on this week’s most important stories. Canadian Real Estate IMF Warns That Canadian Real Estate Is A “Key Domestic Risk” The International Monetary Fund (IMF) is warning that real estate is a “key domestic” risk to Canada. Changes in price expectations, increasing mortgage rates, and unemployment could all be triggers […]

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This Week’s Top Stories: Canadian Mortgage Growth Slows To 2001 Levels, and Real Estate Prices Are Synching Across The World

Time for your weekly cheat sheet on the most important real estate stories. Canadian Real Estate Canadian Mortgage Growth Grinds To A Halt, Slowest Growth Since 2001 Mortgage debt growth is slowing very quickly across Canada. Bank of Canada numbers show mortgage debt stood at $1.528 trillion, up $2 billion from the month before. This […]

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This Week’s Top Stories: Canada’s Money Supply Is Slowing In Growth, and Homeowners Take Out Another $1B In Equity

Time for your weekly cheat sheet on this week’s top real estate stories. Canadian Real Estate Canadians Borrowed Another Billion Against Their Homes Over A 31 Day Period Canadians are increasingly tapping their home equity for short-term loans. Total HELOC balances reached $284.64 billion in outstanding debt. That means Canadians racked up an extra $994 […]

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This Week’s Top Stories: Millennials Are Leaving Toronto and Vancouver, and Homeowners There Have Billions Worth of HELOC Debt

Time for your cheat sheet on the most important real estate stories this week. Canadian Real Estate Canadians Have $201 Billion In HELOC Debt, And Over 30% Is In Toronto And Vancouver Canadians are rapidly borrowing against the values in their home. The outstanding balance of Home equity line of credits (HELOCs) across Canada is […]

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This Week’s Top Stories: 8% of Households Owe More Than 20% of Canadian Mortgage Debt, and Unexplained Millions From China Hit Toronto Real Estate

Time for your weekly cheat sheet on the most important real estate stories. Canadian Real Estate BoC: 8% Of Canadian Households Owe More Than 20% Of The $2.1 Trillion In Debt The Bank of Canada updated the public on household debt numbers, as well as gave some insights this week. The total balance of household […]

Canada Top Stories

This Week’s Top Stories: The Government Used “Fake News” To Drive Borrowing, and Canadians Hit A Record Pace of Borrowing Against Their Homes

Time for your weekly cheat sheet on the most important real estate stories. Canadian Real Estate The Canadian Government Used “Fake News” To Drive Real Estate Borrowing… Seriously Turns out the Government of Canada has been sponsoring news on the down-low for years. Various departments have using News Canada to distribute stories, with no mention […]