This Week’s Top Stories: Canada Abandons Its Real Estate Warning System As Mortgage Rates Surge Higher

Time for your cheat sheet on this week’s most important stories. Canadian Real Estate Canada’s Housing Agency Abruptly Halted Its Public Real Estate Warning System Canada’s national housing agency abruptly ended its warning system for housing. For nearly a decade, the agency warned home buyers when their local market became risky. In the September 2021 […]

This Week’s Top Stories: Canadian Real Estate Prices Are Under Attack, and US Housing Declared A Bubble

Time for your cheat sheet on this week’s top stories.  Canadian Real Estate Canadian Real Estate Is About To Experience A “Full-Scale Attack,” Warns Big Six Bank Canada’s oldest bank warned investors of a “full-scale attack” on real estate this week. Climbing mortgage interest costs are just the start. Foreign buyer taxes, vacancy taxes, and […]

This Week’s Top Stories: Canadian Real Estate Correction Forecasts, and Our Chat With Parliament

Time for your cheat sheet on this week’s top stories. Canadian Real Estate Prices Better Dwelling’s Opening Statement Before Canadian Parliament’s Standing Committee On Finance The Canadian Parliament’s finance committee invited us to participate in their inflation investigation. We’re not snitches usually, but we took them up on the opportunity to explain the role of […]

This Week’s Top Stories: Canadian Real Estate Bubble Exuberance Fades, and Mortgage Lending Shrinks

Time For your cheat sheet on this week’s most important stories. Canadian Real Estate Canadian Real Estate Bubble Sentiment Is Collapsing Fast: US Federal Reserve Data Canadian real estate bubble sentiment is collapsing but remains frothy. A US Federal Reserve model shows Q3 2021 was the 26th quarter the market showed exuberance. That means the […]

This Week’s Top Stories: Canadian Real Estate Sees Supply Rise Faster Than Population & Suspicious Money Soars

Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Housing Grew Faster Than Population, Speculative Mindset Building: BMO Canada’s housing supply is growing faster than the population and has been for decades. BMO economists dived into the latest Census data and found the population grew 5.2% from 2016 to 2021, […]

This Week’s Top Stories: Canadian Real Estate Resembles The 80s Bubble, and Regulator Sees “Speculative Fever”

Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Real Estate Resembles 80s Bubble, Higher Rates To Solve Supply Issue: BMO Canada’s real estate market resembles the late 80s bubble, according to BMO. Charting Ontario price growth over the two periods, they found similar trajectories. They also see the same […]