Time for your cheat sheet on this week’s top stories. Canadian Real Estate How Much Will Canadian Real Estate Crash? Stability Requires A Big Correction: BMO Canada’s oldest bank sees massive overvaluations across the country. BMO estimates home prices are 38% overvalued in Q1 2022, a level never before seen. Home prices are expected to […]
Time for your cheat sheet on this week’s most important stories. Canadian Real Estate Canadian Real Estate Prices 38% Overvalued, Largest Trend Deviation In 40 Years: BMO Canadian real estate hasn’t seen anything quite like the bubble it’s facing right now. Since 2020, the price of a typical home across Canada has increased a whopping […]
Time for your cheat sheet on this week’s most important stories. Most Canadian Real Estate Gains Will Be Wiped Out Starting This Year: Oxford Econ Canadian real estate prices have increased 50% since 2020, but a lot of those gains are about to reverse. Oxford Economics reiterated its call for a 24% price drop, seeing […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Real Estate Has A Money Laundering and Fraud Problem: Intelligence Report Canadian real estate is an excellent tool for money laundering, according to CISC. The Canadian intelligence agency published a report on how organized crime launders. They found organized crime engaged […]
Time for your cheat sheet on this week’s most important stories. Canadian Real Estate Canadian Mortgage Rates May Climb Up To 7% By Next Year: Desjardins Canadians were hit with the highest inflation in 30 years and mortgages aren’t far behind. A major financial institution sees the 5-year fixed rate mortgage hitting up to 7% […]
Time for your cheat sheet on this week’s most important stories. Canadian Real Estate Canada’s Housing Agency Abruptly Halted Its Public Real Estate Warning System Canada’s national housing agency abruptly ended its warning system for housing. For nearly a decade, the agency warned home buyers when their local market became risky. In the September 2021 […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Real Estate Is About To Experience A “Full-Scale Attack,” Warns Big Six Bank Canada’s oldest bank warned investors of a “full-scale attack” on real estate this week. Climbing mortgage interest costs are just the start. Foreign buyer taxes, vacancy taxes, and […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Prices Better Dwelling’s Opening Statement Before Canadian Parliament’s Standing Committee On Finance The Canadian Parliament’s finance committee invited us to participate in their inflation investigation. We’re not snitches usually, but we took them up on the opportunity to explain the role of […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Real Estate Prices Expected To Drop 24%, Can Crash 40%: Oxford Economics Oxford Economics just warned clients that home prices are in for a correction. The global forecasting firm sees Canadian home prices falling 24% by mid-2024. Previously they expected a […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Quantitative Sleaze: How The Bank Of Canada Mislead Politicians On Real Estate & QE The BoC Governor Macklem appeared before Parliament’s finance committee a few days ago. The head of the central bank explained quantitative ease (QE) doesn’t impact home prices. We […]
