Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canada’s Real Estate Bubble Is So Big Even The Mother Of All Crashes Can’t Fix It Canadian real estate prices have soared so high, not even a large crash can help. Heck, multiple crashes only bring prices to where concerns were first […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canada’s Real Estate Bubble Has Buyers Paying 2x The Mortgage Of Existing Owners Canadian homebuyers are paying double the payments of existing homeowners. In 2021, the average homeowner’s mortgage payment climbed to $1,382 per month in the third quarter. The average homebuyer […]
Time for your cheat sheet on this week’s most important stories. Canadian Real Estate Canada’s Gap Between Real Estate Prices And Incomes Looks Ridiculous Beside US Data Canadian real estate price growth has far outpaced incomes, but it’s getting comically large. Canadian home prices have advanced 64% faster than disposable income from 2005 to Q2 […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canada Has The Biggest Gap Between Real Estate Prices And Incomes In The G7 Canada has the most significant gap between real estate prices and incomes in the G7. The price to income ratio reached 164.8 in Q2 2021, up 19.8% from […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate The Bank Of Canada Will Raise Interest Rates Early, Can Hit 11x The Current Rate: BMO Canada’s oldest bank sees interest rates climbing quickly over the next few months. BMO has moved up its forecast by 3 months, and now sees the […]
Time for your cheat sheet on this week’s most important stories. Canadian Real Estate The Bank Of Canada Only Sees 2 Real Estate Bubbles And Vancouver Isn’t One Of Them Global agencies are ringing the alarms, but Canada’s central bank only sees 2 bubbles. The HPEI, the Bank of Canada’s exuberance indicator, only flagged Hamilton […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canada’s Recent Immigrants Are Unhappy With Housing After Real Estate Prices Soar Canada’s built a brand as a welcoming immigration hub but recent immigrants disagree. A new study from Stat Can shows how Canadians of various demographics felt about housing in 2018. […]
Time for your weekly cheat sheet on this week’s top stories. Canadian Real Estate Canada Goes All-In On Real Estate With “Excess” Home Sales Hitting 6% Of GDP: BMO Canada went all in on home sales to the point where excess home sales are now 6% of its GDP. Existing-home sales reached $500 billion in […]
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 […]
