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This Week’s Top Stories: Canadian Real Estate Sales and Prices Make Big Drops, While Developer Debt Hits An All-Time High

Time for your weekly cheat sheet on this week’s most important stories. Canadian Real Estate Canadian Real Estate Sales Print Worst February Since Before The Great Recession Canadian real estate sales are slowing dramatically from last year. CREA reported 29,974 sales in February, up 25% from the month before. This represents a 4.41% decline compared […]

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This Week’s Top Stories: Canadian Real Estate Price Growth Drops To 2009 Levels, Condo Market Weakens In Toronto and Vancouver

Time for your weekly cheat sheet on this week’s most important stories. Canadian Real Estate Canadian Real Estate Prices Make Smallest Price Change Since Great Recession Canadian real estate prices are moving a lot slower in 2019. The price of a typical home in Canada hit $613,500 in January, up 0.79% from the year before. […]

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This Week’s Top Stories: Canada Considers Move To Increase Real Estate Debt, While Toronto and Vancouver Detached Prices Rollback Years Worth of Gains

Time for your weekly cheat sheet on this week’s most important stories. Canadian Real Estate Canadian Government Considers Move To Load Households With More Real Estate Debt The Government of Canada is considering lengthening mortgage amortizations for first-time buyers. While the move will lower monthly payments, it increases the amount of debt they can carry […]

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This Week’s Top Stories: Toronto and Vancouver Real Estate Sales Fall To Great Recession Levels, Debt Growth Lowest Since 1983

Time for your weekly cheat sheet on this week’s most important stories. Canadian Real Estate The Last Time Canadian Household Debt Grew This Slow Was 1983 Canadian household debt hit a new record high, but the growth rate is decelerating. The balance of outstanding debt reached $2.16 trillion in December, up 3.1% from the year […]

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This Week’s Top Stories: Canadian Real Estate Sales Dropped 11% In 2018, and Home Equity Loans Are Soaring

Time for your weekly cheat sheet on this week’s most important stories. Canadian Real Estate Canadian Real Estate Sales Fell Over 11% In 2018, Biggest Drop Since 2008 Canadian real estate sales made a big drop last year, and that’s going to have consequences for the economy. Just 458,442 sales went through the MLS in […]

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This Week’s Top Stories: Canadian Real Estate Sales Are Dropping, and All But Two Markets Have Fallen From Peak Prices

Time for your weekly cheat sheet on this week’s most important stories. Canadian Real Estate All But Two Canadian Real Estate Markets Have Fallen From Peak Prices Only two Canadian real estate markets are at all-time highs – Ottawa and Montreal. The Ottawa benchmark price reached $394,700 in December, a new record for the city. […]

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This Week’s Top Stories: Toronto and Vancouver Detached Real Estate Sales Drop, and Credit Growth Falls To Recession Levels

Time for your weekly cheat sheet on this week’s most important stories. Canadian Real Estate Canadian Mortgage Growth Keeps Dropping, Prints New 17 Year Low Canadian mortgage growth dropped to a multi-year low. The balance of outstanding mortgage credit reached $1.53 trillion in November, up 3.2% from last year. While the dollar amount is at […]