Top Stories | Toronto

This Week’s Top Stories: Canadian Politicians Want To Inject Even More Cash Into Housing, While Toronto Climbs The Global Bubble List

Time for your cheat sheet on this week’s top stories. Canadian Election 2019 Canadian Politicians Promise To Bring More Risk To Housing: Part One, The Liberals The Liberals promise to increase the first-time home buyer incentive (FTHBI), in Toronto, Vancouver, and Victoria. Previous limits were designed to prevent homebuyers from inflating those very markets. However, […]

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This Week’s Top Stories: Canadians Are Extracting Billions In Home Equity, While The 1% Sees Their Income Grow 6x Faster Than The 99%

Time for your cheat sheet on this week’s most important stories. Canadian Real Estate Canada’s Richest Households Are Seeing Income Grow 6x Faster Than The Bottom 99% The gap between Canada’s wealthiest households, and the rest of the country is getting wider – and fast. To be in Canada’s one-percent, you need to earn at […]

Top Stories | Toronto

This Week’s Top Stories: Government Cash Sends Canadian Real Estate Prices Higher, and Mortgages Are Now Mostly Interest Payments

Time for your cheat sheet on this week’s most important stories. Canadian Real Estate Canadian Real Estate Prices Reach A New All-Time High Ahead Of Government Cash Canadian real estate price growth has stopped decelerating, at least for now. The C11, a price index for Canada’s 11 largest markets, showed an increase of 0.41% in […]

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This Week’s Top Stories: Canadian New Home Prices Fall, While Real Estate Owners Are Withdrawing A Whack of Equity

Time for your weekly cheat sheet on this week’s most important stories. Canadian Real Estate StatCan: Canadian New Home Prices Fall The Most Since 2009 Canadian new home prices are sliding, according to Statistics Canada. The national New Home Price Index (NHPI) fell 0.1% in July, when compared to a month before. This represents a […]

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This Week’s Top Stories: Canada Furthers Dependence On The Real Estate Industry, While Over 1 In 7 Buyers Now Need Mom & Dad To Help

Time for your cheat sheet on this week’s most important stories. Canadian Real Estate Over 1 In 7 First-Time Homebuyers Are Tapping The Bank Of Mom And Dad Ontario’s first-time buyers aren’t pursuing ownership alone, and instead are looking for much older help. Condo apartments bought with multiple owners with an age gap of 20 […]

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This Week’s Top Stories: Toronto and Vancouver Real Estate Sales Soar, and Borrowing Rates Are On The Decline

Time for your weekly cheat sheet on this week’s most important stories. Canadian Real Estate CMHC: Toronto Real Estate “Highly” Vulnerable, Vancouver Stabilizing Warning signs exist for Canada’s real estate markets, but things are improving. The CMHC sees “moderate” vulnerabilities across Canada. Toronto held its rating of “high” vulnerability, due to overvaluation and overheating. Vancouver […]

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This Week’s Top Stories: Half of Canada’s GDP Growth Is Real Estate and Construction, and A Big Bank Sees Vulnerabilities

Time for your cheat sheet on this week’s most important stories. Canadian Real Estate RBC: Toronto And Vancouver Real Estate Construction “Significantly” Outside Norm Canada is building a lot of houses, while unaffordability rises across the country. RBC Economics notes the building is a potential vulnerability. Same with the lack of affordability, which the bank […]