Top Stories Toronto

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 […]

Top Stories

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. […]

Top Stories

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 […]

Top Stories

This Week’s Top Stories: Canadian Real Estate Didn’t Make A “Soft Landing,” and Credit Growth Problems Surface Across The Country

Time for your weekly cheat sheet on this week’s most important stories. Canadian Real Estate Canada’s Largest Real Estate Developer Declared A Soft Landing. They’re Wrong Canada’s largest real estate developer has declared the country has officially made a soft landing. There’s just a few problems with that. First, it’s way too early to call, […]

Top Stories Toronto

This Week’s Top Stories: Canada’s Money Supply Is Flashing A Warning For Housing, While The Central Bank Gets Ready To Provide Mortgage Liquidity

Time for your weekly cheat sheet on this week’s most important stories. Canadian Real Estate Canada’s Money Supply Prints Another Ominous Signal For The Housing Cycle The Canadian money supply is printing a warning sign. The growth rate of M2++, the broadest measure of Canadian money, fell to 5.1% – down 20.3% from last year. […]

Top Stories Toronto

This Week’s Top Stories: Canadian Mortgage Credit Growth Goes 1980s, As Real Estate Sales Drop Across The Country

Time for your weekly cheat sheet on this week’s most important stories. Canadian Real Estate Real Canadian Mortgage Credit Growth Is Pointing To An Early 80s Style Meltdown Canadian real estate sales are dropping, and taking credit growth with it. The growth of mortgage credit fell to 3.38% in September, compared to last year. The […]