Time for your cheat sheet on this week’s most important stories. Canadian Real Estate The Canadian Real Estate Industry Just Downplayed The Biggest October In 10 Years Canadian real estate sales just had a massive October. There were 44,499 sales in October, up 12.9% from last year. The 12-month growth is the highest for October […]
Time for your weekly cheat sheet on this week’s most important stories. Canadian Real Estate Canada’s Major Cities Saw Condo Prices Rise Over 3x Faster Than Houses Canadian condo prices increased at a faster pace than the general market. Home prices in Canada’s six hottest markets, increased 0.19% from a year before, and are up […]
Time for your weekly cheat sheet on this week’s most important stories. Canadian Real Estate Canada’s National Housing Agency Thinks Toronto Is No Longer Overvalued Canada’s national housing agency thinks Toronto real estate is now equally risky to most places. The CMHC downgraded Toronto risk to “moderate,” from the high rating it held prior. The […]
Time for your weekly cheat sheet on this week’s most important stories. Canadian Real Estate Canadian Households Are Saving A Quarter Of What Americans Do Canadian households aren’t saving a whole lot for a rainy day – in fact, they’re saving less than nothing. Households spent $5.82 billion in savings in Q2 2019, saving just […]
Time for your weekly cheat sheet on this week’s most important stories. Canadian Real Estate The IMF Crunched Numbers On Canadian Real Estate. Here’s How Overpriced It Is IMF calculations show some Canadian real estate prices are detached from reality. Toronto real estate prices are 54.7% higher than fundamentals warrant. Vancouver is a little better, […]
Time for your weekly cheat sheet on this week’s most important stories. Canadian Real Estate Canada’s Heavy Immigration Is The Last Pillar Preventing A Recession Canada’s economy looks like it’s booming, but it’s not all that impressive when immigration is factored in. Real gross domestic product (GDP) per capita hit $55,480 in Q2 2019, up […]
Time for your cheat sheet on this week’s top stories. Canadian Election 2019 Canadian Politicians Promise To Bring More Risk To Housing: Part One, The Liberals The Liberals promise to increase the first-time home buyer incentive (FTHBI), in Toronto, Vancouver, and Victoria. Previous limits were designed to prevent homebuyers from inflating those very markets. However, […]
Time for your cheat sheet on this week’s most important stories. Canadian Real Estate Canada’s Richest Households Are Seeing Income Grow 6x Faster Than The Bottom 99% The gap between Canada’s wealthiest households, and the rest of the country is getting wider – and fast. To be in Canada’s one-percent, you need to earn at […]
Time for your cheat sheet on this week’s most important stories. Canadian Real Estate Canadian Real Estate Prices Reach A New All-Time High Ahead Of Government Cash Canadian real estate price growth has stopped decelerating, at least for now. The C11, a price index for Canada’s 11 largest markets, showed an increase of 0.41% in […]
Time for your weekly cheat sheet on this week’s most important stories. Canadian Real Estate StatCan: Canadian New Home Prices Fall The Most Since 2009 Canadian new home prices are sliding, according to Statistics Canada. The national New Home Price Index (NHPI) fell 0.1% in July, when compared to a month before. This represents a […]
