Time for your cheat sheet on this week’s top stories. Canadian Real Estate Only One of Canada’s Big Six Banks Expects Real Estate Prices To Rise Canada’s Big Six banks have released their base case forecasts for real estate prices and only one of them expects prices to rise in the next year. RBC is […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canada’s Real Estate Bubble Is Even Consuming Its Underground Economy One unfortunate consequence of a real estate bubble is the concentration of capital. As people spend more money on real estate, they have less to spend in other industries. This causes human […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Real Estate Price Correction To Be One of The Largest In The World: Fitch Canadian real estate prices are seen further correcting due to eroding market conditions. Fitch Ratings’ latest analysis shows prices falling 15%, due in part to rising rates. […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Mortgage Debt Is Chugging Along, Despite The Slowdown Canadian mortgage debt continues to grow, rising 7.1% ($137.8 billion) over the past year to hit a total of $2.08 trillion in December. Growth is slower from the peak, but still elevated from […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Real Estate Investors Concentrated On Buying Newer, More Affordable Supply Canadian real estate investors are concentrated in newer, more affordable housing supply. For example, investors own under a quarter (24%) of all of Ontario’s housing. But the concentration is skewed to […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Real Estate Prices To Fall Lower, Worst Case Is A Return To 2014 Values: Oxford Econ Canadian real estate prices will fall further, according to a prominent firm’s forecast. Oxford Economics (OxEcon) still sees a drop of 30% from peak to […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate What Canadian Real Estate Correction? Detached Market Surges Up To $52k Higher Canadian real estate is showing signs of a firming market. The price of a typical single-family home across Canada fell 1.2% to $748,800 in December. Five markets bucked the trend, […]
Our top stories this week include Canada’s real estate industry lowering their forecast for home prices, & households see lower real wages.
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canada’s Bank Regulator Wants Tighter Rules To Address Real Estate Risks Canada’s bank regulator is looking to protect the financial system from mortgage risks. Last week, OSFI began a public consultation on new mortgage measures. They include limits on loan-to-income ratios, new […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Bank of Canada Clear For Another Hike After Employment Boom: BMO Canada’s employment data is still coming in hot, with the economy adding 104k jobs in December. This drove the unemployment rate down to just 5.0%, only 0.1 points above the 50-year […]
