Time for your cheat sheet on this week’s more important stories. Canadian Real Estate RBC’s “Worst Case” For Canadian Real Estate Is A Price Drop Of Nearly 30% Canada’s largest bank’s risk scenarios show a larger downside than upside for real estate. RBC’s best cast scenario shows Canadian real estate prices rising 6.1% over the […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canada’s Largest Bank Says It’s Putting “Greater Weight” On Home Price Declines RBC’s chief risk officer has stated the bank is putting a “greater weight” on price declines. Canada’s largest bank reiterated they believe prices will fall around 8% at the national […]
Time for your cheat sheet on this week’s most important stories. Canadian Real Estate Canadian Real Estate Prices Surge In Growth… Except For Condos Canadian real estate prices have been rising rapidly… except for condo apartments. The aggregate benchmark price of a home hit $643,000 in October, up 10.86%. Breaking it down by major segments, […]
Time for your cheat sheet on this week’s most important stories. Canadian Real Estate Canadian Real Estate Prices To Fall Up To 26%, Bay Street Firm Warns Institutions A Bay Street firm is warning institutional clients of falling real estate prices. The firm’s latest model suggests prices may fall up to 11% at the national […]
Time for your cheat sheet on this week’s most important stories. Canadian Real Estate CMHC Warned Buyers Not To Buy A Condo. Some Are Now Officially Underwater People that bought a condo after the pandemic was declared aren’t doing so hot. Across Greater Toronto, buyers of a benchmark condo in April have seen the minimum […]
Time for your cheat sheet on this week’s most important stories. Canadian Real Estate RBC Forecasts Canadian Mortgage Defaults Will Start Rising Next Year Canada’s largest bank is forecasting mortgage defaults are still coming, just a little later. RBC is forecasting rising defaults in Q3 or Q4 of 2021. The reason? Programs like EI, CERB, […]
Time for your cheat sheet on this week’s most important stories. Canadian Real Estate Canadian Condo Buyers At The Beginning Of The Pandemic Now Nearly Underwater Canada’s state-owned mortgage insurer warned first-time buyers to be careful at the beginning of the pandemic. Now buyers that ignored the advice, are finding out what they were talking […]
Time for your cheat sheet on this week’s most important stories. Canadian Real Estate Why Canada’s Condo “Insurance Crisis” Should Make Investors Nervous The Canadian insurance industry is discussing a coverage “crisis” coming to condos. Due to rising replacement values, and smaller margins, insurance companies are dropping coverage. This comes while demand for this type […]
Time for your cheat sheet on this week’s most important stories. Canadian Real Estate Canadian Real Estate Buyers Trying To Walk Away From Purchases Become “Rampant” Canadian home buyers not delivering a downpayment after agreeing to buy a home is on the rise. A Greater Toronto broker is seeing an uptick of buyers not delivering […]
Time for your cheat sheet on this week’s most important stories. Canadian Real Estate Moody’s Doubles Down On Forecast Of Canadian Real Estate Prices Falling Soon One of the world’s largest credit rating agencies confirmed an early forecast of falling home prices in Canada. Moody’s had expected government measures would delay any impact to home […]
