Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Banks Are Extending Amortizations Over 35 Years To Avoid Defaults Canada’s Big Six banks have a significant share of mortgages with amortizations over 35 years. BMO, CIBC, TD, and RBC all reported over a quarter of their portfolio had amortizations over […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Real Estate Correction May Be Over As Prices Rip Higher Canada’s real estate correction has seen prices begin to head the other way. A benchmark, or typical home, jumped 1.7% (+$12,300) to $727,700 in March. It was the second consecutive increase […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Real Estate Owners Aren’t Selling, Here’s Why Canadian real estate markets are seeing a drop in sales, but it’s the inventory drop that’s concerning. That was the warning BMO Capital Markets sent to investors this week. The reason? A lack of […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Real Estate Prices Will “Rip” Higher Due To The Fed: Scotiabank One of the country’s largest banks sees government policy driving home prices higher. Scotiabank warned investors that Federal policy is being rolled out to stimulate demand. Meanwhile, it’s contrary to […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canada’s Job Market Is Changing Fast As Vacancies Fall Sharply Canada’s been hit with a labor shortage over the past few years, but that may be coming to an end. Statistics Canada reported both vacant roles and the vacancy rate plummeted last […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Real Estate Prices Climb For The First Time In Nearly A Year Canadian real estate prices rose in February for the first time in nearly a year. CREA’s benchmark price showed the largest decline in annual growth in its history. The […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Only One of Canada’s Big Six Banks Expects Real Estate Prices To Rise Canada’s Big Six banks have released their base case forecasts for real estate prices and only one of them expects prices to rise in the next year. RBC is […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canada’s Real Estate Bubble Is Even Consuming Its Underground Economy One unfortunate consequence of a real estate bubble is the concentration of capital. As people spend more money on real estate, they have less to spend in other industries. This causes human […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Real Estate Price Correction To Be One of The Largest In The World: Fitch Canadian real estate prices are seen further correcting due to eroding market conditions. Fitch Ratings’ latest analysis shows prices falling 15%, due in part to rising rates. […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Mortgage Debt Is Chugging Along, Despite The Slowdown Canadian mortgage debt continues to grow, rising 7.1% ($137.8 billion) over the past year to hit a total of $2.08 trillion in December. Growth is slower from the peak, but still elevated from […]
