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 […]
This Week’s Top Stories: Everyone In Canada Wants To Be A Real Estate Agent, and Low Mortgage Rates Turn Toxic
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 […]
This Week’s Top Stories: Canada’s Real Estate Price and Income Gap Widens, and The Rich Use Homes To Reduce Taxes
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 […]
This Week’s Top Stories: Canadian Real Estate Is The Most Expensive In The G7, and It’s Not A Supply Shortage
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 […]
This Week’s Top Stories: Bank of Canada Expected To Raise Rates Early, and Low Rates Make Housing More Expensive
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 […]
This Week’s Top Stories: The Bank of Canada Only Sees 2 Real Estate Bubbles, and The US Is Now In A Bubble
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 […]
This Week’s Top Stories: Canada’s Immigrants Are Unhappy With Real Estate and Central Banks See Odds of A Correction Rising
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. […]
This Week’s Top Stories: Canadian Real Estate Saw $150 Billion In Excess Sales and Lenders Warned About Prices
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 […]
This Week’s Top Stories: Canadian Home Building Investment Crashed and Commercial Real Estate Is Contracting
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 […]
This Week’s Top Stories: Experts Say Canadian Real Estate Is “Risky,” and Money Laundering Is Inflating Prices
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 […]