Time for your weekly cheat sheet on this week’s most important stories. Canadian Real Estate The Canadian Real Estate Industry Lowers 2019 Sales Forecast For A Third Time The Canadian real estate industry is lowering their forecast for a third time. CREA now expects 458,200 sales in 2018, down 11.2% from the year before. The […]
Time for your weekly cheat sheet on this week’s top stories. Canadian Real Estate CMHC: Vancouver Has The Most Indebted Households In Canada, Toronto Not Far Behind Vancouver, Toronto, and Victoria are the country’s most indebted cities. Vancouver led the pack with a debt to income ratio (DTI) of 242% in Q2 2018. To put […]
Time for your weekly cheat sheet on this week’s most important stories. Canadian Real Estate Canada’s Largest Real Estate Developer Declared A Soft Landing. They’re Wrong Canada’s largest real estate developer has declared the country has officially made a soft landing. There’s just a few problems with that. First, it’s way too early to call, […]
Time for your weekly cheat sheet on this week’s most important stories. Canadian Real Estate Canada’s Money Supply Prints Another Ominous Signal For The Housing Cycle The Canadian money supply is printing a warning sign. The growth rate of M2++, the broadest measure of Canadian money, fell to 5.1% – down 20.3% from last year. […]
Time for your weekly cheat sheet on this week’s most important stories. Canadian Real Estate Real Canadian Mortgage Credit Growth Is Pointing To An Early 80s Style Meltdown Canadian real estate sales are dropping, and taking credit growth with it. The growth of mortgage credit fell to 3.38% in September, compared to last year. The […]
Time for your weekly cheat sheet on this week’s most important stories. Canadian Real Estate Canada’s National Housing Agency Is Forecasting An 11% Drop In Buying Power The Canada Mortgage and Housing Corporation (CMHC) is forecasting a decline in borrowing power. Analysts from the Crown Corp are projecting the 5 year fixed rate will rise […]
Time for your weekly cheat sheet on this week’s most important stories. Canadian Real Estate Canadian Mortgage Growth Falls To The Lowest Level Since The Dot-Com Crash Canadians may have had their fill on real estate for the next few years. The balance of mortgage debt reached $1.53 trillion in September, up $3.34 billion from […]
Time for your weekly cheat of this week’s most important stories. Canadian Real Estate Canada’s National Housing Agency Thinks Prices Are Too Steep, Even With The Declines The Canada Mortgage and Housing Corporation (CMHC), Canada’s national housing agency, thinks Canadian real estate is overpriced. The agency’s quarterly report calls the national market overvalued, and highly […]
Time for your weekly update on this week’s most important stories. Canadian Real Estate Canadian Real Estate Prices Turn Negative According To The US Federal Reserve Canadian real estate prices are slipping lower, when adjusted for inflation. Federal Reserve Bank of Dallas numbers show prices have slipped for the first time in a decade. Prices […]
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 […]
