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 […]
Time for your weekly cheat sheet on this week’s most important stories. Canadian Real Estate Canadian Housing Investment Is Falling, And Will Be A Drag The Economy: BMO Canadian real estate investment is starting to slow, and a big bank thinks it’s just the beginning. The GDP sub-component of residential investment made an annualized decline […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate One Of Canada’s Largest Real Estate Lobbies Lost Their Sh*T Over An Election Promise One of Canada’s largest real estate lobbies isn’t very happy with one of the new election promises. The Liberals promised this week to ban “blind-bidding” if re-elected. The […]
Time for your cheat sheet on this week’s most important stories. Canadian Real Estate Canadian Real Estate Needs More Focus On Demand-Side Issues: BMO Canadian real estate needs to focus on the demand-side measures to fix housing. Urban housing completions hit over 200,000 annualized units in July. The higher than usual supply should be cooling […]
Time for your cheat sheet on this week’s most important stories. Canadian Real Estate Canada’s Largest Source Of Money Laundered Funds For Real Estate Is… Canadians Dirty money from Canada is the biggest source of cash laundered through real estate. Global Financial Integrity (GFI) conducted a study, and found US$626.3 million ($822.7 million) of real […]
Time for your cheat sheet on this week’s most important stories. Canadian Real Estate The Canadian Property Bubble Has Grown For 24 Years, Longer Than Any Other G7 Canadian real estate is currently in the middle of the longest expansion of home prices in the G7. Home prices in the country have currently gone 24 […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Mortgage Quality Has “Deteriorated”: Bank Of Canada Newly issued mortgage debt is going to highly indebted mortgage borrowers. These borrowers represent 21.7% of mortgages issued in Q4 2020, a new record high. It even dwarfed the previous record set in 2016, […]
