This Week’s Top Stories: Canadian Real Estate Buyer’s To Be Hit With New Regulations, and Credit Growth Falls To Lowest Levels Since 1983

Time for your weekly cheat sheet on the most important stories this week. Canadian Real Estate Gasp! Canadians Might Have To Actually Make Enough Money To Buy Real Estate Soon Canada’s banking regulator wants to put an end borrowers depending on equity to get a mortgage. Equity lending, the process of depending on “earned” equity […]

This Week’s Top Stories: Credit Cycles and Canadian Real Estate Prices, and Inventory Is Rising In Toronto and Vancouver

Time for your weekly cheat sheet on this week’s most important stories. Canadian Real Estate Understanding How The Credit Cycle Impacts Canadian Real Estate Prices There’s a lot of debate about the influence of local factors on housing, but they’re all trumped by the credit cycle. We take a quick dive through the credit cycle, […]

This Week’s Top Stories: The Toronto Real Estate Board Asks Agents To Stop Submitting Fake Sold Info, and Canadian Debt Reaches A Record High

Time for your weekly update on this week’s most important news. Canadian Real Estate Canadians Add An Average Of $187,000 Per Minute To The Household Debt Balance Canadians printed a new record for household debt, but the rate of growth is slowing down quickly. The balance of household debt reached $2.13 trillion in July, up […]

This Week’s Top Stories: Toronto Real Estate Looks Like A Classic Bubble Chart, and Canadian Interest Rate Hikes Are Setting Up For An Economic Slowdown

Time for your weekly cheat sheet on this week’s most important stories. Canadian Real Estate Canada’s Minor Interest Rate Hikes May Be Setting Up Major Economic Problems The impact of rising interest rates is showing up in Canada’s measure of “cash.” The M1+, a measure of cash-like instruments, increased 3.9% on an annual basis in […]

This Week’s Top Stories: New Condo Sales Plummet In Toronto, and Canada’s HELOC Problem Is Over 3x Worse Than The US

Time for your weekly cheat sheet for this week’s most important stories. Canadian Real Estate Canada’s HELOC Problem Is One Of The Biggest Risks For Real Estate Canada’s home equity line of credit problem has reached epic proportions. The balance of outstanding HELOC debt reached $286.81 billion in Q2 2018, up 1.83% from the quarter […]

This Week’s Top Stories: Toronto and Vancouver Detached Sales Continue To Slow, While Mortgage Payments and HELOCs Soar

Time for your weekly cheat sheet on this week’s most important stories. Canadian Real Estate The Average Mortgage And HELOC Payment Is Soaring In Toronto And Vancouver Canadians are facing higher payments on mortgages and HELOCs, especially in Vancouver and Toronto. The average monthly mortgage payment in Vancouver reached $1,794 in Q1 2018, up 6.5% […]