This Week’s Top Stories: Canada’s Deepest Real Estate Correct In A Half Century, & Small Towns Are Booming
This week’s top stories include RBC calling the deepest correction for Canadian real estate in a half-century, and small towns are booming.
This Week’s Top Stories: Canadian Real Estate Outlook Worsens & Investors Own Most New Condos
Canadian real estate is much worse than thought according to a Big Six bank, and investors bought most new condos.
This Week’s Top Stories: Canada’s Banks On Real Estate’s “Historic Correction” & Supply Shortage “Myth”
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Real Estate Expected To See A “Historic Correction,” Biggest Drop Ever: RBC Canada’s largest bank feels we are in the middle of a “historic correction.” RBC said the housing downturn is much faster and deeper than expected. Consequently, they’re downgrading their […]
This Week’s Top Stories: Canadian Real Estate Bubble Delivered A Final Blow, & Global Bubble Worse Than 2006
Time for your cheat sheet on this week’s top stories. Canadian Real Estate The Canadian Real Estate Bubble Was Just Delivered Its Final Blow: BMO Canadian real estate costs just blew past the 80s bubble when it comes to payments. BMO estimates the average home in Ontario required $3,000/month in payments to carry the mortgage. […]
This Week’s Top Stories: Canadian Real Estate To Lead Global Correction & Excess Demand Drove Prices
Global Real Estate Pandemic Real Estate Boom Due To Cheap Debt, Not Lack of Supply: US Federal Reserve It’s the credit, stupid. That’s basically the conclusion from a US Federal Reserve Board staff paper. The paper examined the price levers that have made home prices move, both from a supply and demand angle. Paying special […]
This Week’s Top Stories: Canadian Real Estate Prices Are Falling, and Regulator Prepares
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Real Estate Prices Are On Track To Drop $68k By Mid-Summer Higher interest rates have knocked the exuberance out of Canadian real estate. The sales to new listings ratio (SNLR) historically has led annual price growth by 3 months. It’s so […]
This Week’s Top Stories: Canadian Real Estate Slowdown Is Just Getting Started & “This Time Is Different”
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Real Estate Cooldown Is Just Getting Started: BMO Slowing Canadian real estate sales are dragging renovation spending lower. An analysis from BMO Capital Markets shows renovation retail spending has begun to fall. Both segments are still elevated but rate hikes are […]
This Week’s Top Stories: Canadian Real Estate’s 40-Year Tailwind Is Over & Banks Prepare For Big Drops
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Real Estate’s Nearly 40-Year Tailwind From Lower Rates Is Reversing: BMO The low rate tailwind boosting Canadian real estate over the past 40 years is coming to an end. The Bank of Canada estimates recent buyers will be renewing mortgages around […]
This Week’s Top Stories: Canadian Real Estate’s Potential 30% Drop and Mortgage Rates To Hit “Inconceivable” Levels
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Real Estate’s Worst Case Is A 30% Price Drop, Still Down By 2027: RBC Canada’s largest bank is preparing for a big drop in home prices in a downturn. RBC’s worst case scenario for Canadian real estate is a 30% price […]
This Week’s Top Stories: Canadian Real Estate Prices Expected To Drop Double-Digits & Gov Limits Its Exposure
Time for your cheat sheet on this week’s most important stories. Canadian Real Estate Canada Quietly Changed Its First-Time Home Buyer Program To Limit Its Losses Canada is lowering taxpayer exposure to the First-Time Home Buyer Initiative. The program sees the government buy a share of your home, helping to drive payments lower. Canada would […]
