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This Week’s Top Stories: What Risk? Thousands of Toronto and Vancouver Real Estate Buyers Jump In During The Pandemic

Time for your cheat sheet on this week’s most important stories. Canadian Real Estate One In Ten Canadian Restaurants Have Permanently Closed AlreadyCanada’s restaurant industry is one of the hardest hit by COVID-19, and a lot of the damage is permanent. The industry estimates over 800,000 restaurant jobs were lost in March. They also estimate […]

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This Week’s Top Stories: The Canadian Economy Grinds To A Halt, Insolvencies Rise, and Toronto Real Estate Prices Soar

Time for you cheat sheet on this week’s most important stories. Canadian Real Estate Canadian Insolvencies Rip Higher, With Ontario Seeing The Fastest Growth Canadian insolvency filings have been rising very fast. There were 11,337 filings made in January, up 8.7% from a year before. The total amount filed in the 12-months ending in the […]

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This Week’s Top Stories: Canadians Are Back To Pumping Massive Amounts Into Real Estate, While Incomes Stall

Time for your cheat sheet on this week’s most important stories. Canadian Real Estate Canadian Real Estate Grows Almost 5x GDP, Economy Hits Record High Dependency Canada’s FIRE industry is growing much faster than the general economy. GDP reached $1.98 trillion in Q4 at annual rates, up 1.6% from the previous quarter. Finance, insurance, and […]

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This Week’s Top Stories: Canadian Mortgage Debt Is Rising Fast, Inventory Falls In Major Real Estate Markets

Time for your cheat sheet on this week’s most important stories. Canadian Real Estate Canadian Mortgage Credit Growth Is Rapidly Accelerating, While Consumer Credit Slows Canadian household debt growth is accelerating once again, but only in one segment. The balance of debt reached $2.27 trillion in December, up 4.2% from last year. Mortgage debt is […]

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This Week’s Top Stories: Canada Is Seeing Mortgages To Highly Indebted Borrowers Rise, and Condo Price Volatility Appears

Time for your cheat sheet on this week’s most important stories. Canadian Real Estate Mortgages To Highly Indebted Borrowers Rises To The Highest Level Since B-20 Canada saw a big drop in lending to highly indebted borrowers after B-20 Guidelines… now it’s reversing. About 17.5% of mortgages in Q4 2019 went to people borrowing over […]

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This Week’s Top Stories: Canadian Real Estate Buyers Are Still Exuberant, and Prices Rise – Except In Western Canada

Time for your cheat sheet on this week’s most important stories. Canadian Real Estate The US Federal Reserve Has Canadian Real Estate Back In Bubble Territory Canadian real estate buyers are acting exuberant when it comes to prices once again. Dallas Fed, a branch of the US Federal Reserve, is noting elevated exuberance levels in […]

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This Week’s Top Stories: Canadian Real Estate Development Is Booming, While Consumer Credit Tanks

Time for your cheat sheet on this week’s most important stories. Canadian Real Estate Canadian Household Credit Slows, As Consumer Credit Growth Plunges Lower Canadian household debt is still rising, but experienced a bit of a hiccup in the latest numbers. The balance of outstanding household debt reached $2.26 trillion in November, up 3.9% from […]