Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Home Building Investment Has Officially Gone From A Correction To A Crash Canadian home building investment has officially gone from a correction to a crash. Seasonally adjusted real residential construction investment fell to $8.4 billion in September. This is a drop […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Banks Moved $167 Million From Dodgy Sources, And Even Issued Mortgages We look at one exhibit from the Cullen Commission, BC’s Inquiry Into Money Laundering in Canada. Counsel found a family was able to move $132 million from dodgy sources without […]
Time for your cheat sheet on this week’s top real estate stories. Canadian Real Estate Canadian Real Estate Prices Are Overvalued By Up To 91%: Moody’s Canadian real estate is massively overvalued, said a global credit rating giant. Moody’s estimates the average urban market in Canada is 22% overvalued as of Q2 2021. Large overvaluations […]
Time for your cheat on this week’s most important stories. Canadian Real Estate The World Has Millions Of Vacant Homes, And 1.3 Million Are In Canada: OECD Millions of homes sit vacant across the world, and Canada is one of the worst offenders. OECD data shows 1.34 million vacant homes in Canada, the fifth highest […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate A Global Swiss Bank Named Toronto The 2nd Biggest Real Estate Bubble In The World Two Canadian cities landed themselves on the UBS Global Real Estate Bubble Index. The Swiss bank ranked Toronto as the second-largest bubble, and Vancouver as the sixth. […]
Time for your weekly cheat on this week’s top stories. Canadian Real Estate Global Stagflation Reminiscent Of The 1970s Is Forming, And It’s Bad News: National Bank National bank of Canada’s chief economist warned of a new risk — stagflation. This is a period of high inflation and low economic growth, and the first signs […]
Time for your cheat sheet on this week’s most important stories. Canadian Real Estate Canadian GDP Slips Lower As The Real Estate Boom Turns Into A Drag Canadian real GDP contracted in the most recent data, partially due to a housing drag. Real GDP dropped 0.1% in July, following a 0.6% increase in June. The […]
Time for your cheat sheet on this week’s most important stories. Canadian Real Estate Canada Re-Elected The Same Leadership, But Real Estate Will Be Very Different Canada re-elected the same leadership, but with a very different housing strategy. They promised demand inducement schemes, supply subsidies, and improvements in trade transparency. The demand measures are likely […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Households Spend More Income On Debt Than Any Other G7 Country: BIS Canadians devote much more income to debt payments than their G7 peers. Households in the country had an average debt service ratio (DSR) of 12.4% of income in Q4 […]
Time for your sheet on this week’s top stories. Canadian Real Estate Canadian Real Estate Is Now A Bubble On Top Of A Bubble: US Federal Reserve Exuberant Canadian home buyers have pushed real estate into a bubble — again. The US Federal Reserve’s Exuberance Index shows Canada completed 5 exuberant quarters. This is enough […]
