Over 81,000 Canadian real estate buyers would have failed stress testing, and Canada’s most expensive cities are low on density, high on prices.
Foreign buyers are scooping up affordable Toronto and Vancouver real estate, and parliament warns higher interest rates will stagnate housing for at least 5 years.
Non-resident ownership of Canadian real estate is way higher than we thought, and China’s anti-speculation measures makes the Canadian government look like enablers.
Stress testing Canadian real estate buyers could lead to less favorable terms for renewals, and Toronto inventory is up 110%.
Two Canadian cities are in the top 5 global real estate bubble index put out by UBS, and find out where we are in the real estate cycle.
Canadian real estate is about to see a spike in foreign buyer numbers, and Canada’s largest bank gives their forecast for prices next year.
Canadian real estate prices, crunching mortgage numbers, and dodging foreign buyer taxes in Toronto and Vancouver are the topics of the week.
Toronto real estate prices are down 9% from peak, and how to use property as an alternative investment – even though it can ruin cities.
Is Canadian real estate still hot? Not according to indicators from Teranet, CREA, and the US Federal Reserve.
This week we talk about the Future of Canadian real estate prices, OSFI’s B-20 regulations, and condo markets in Toronto and Vancouver.