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This Week’s Top Stories: Canadian Real Estate Is The Most Expensive In The G7, And Prices Are Dropping While Debt Continues To Rise

Time for your weekly cheat sheet on this week’s most important stories. Canadian Real Estate Insured Mortgages On Canadian Real Estate Fall Almost 10% The balance of insured mortgages on Canadian real estate is falling. There were $456.35 billion of insured mortgages in January, down 9.37% from last year. The average cost of carrying these […]

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This Week’s Top Stories: Toronto and Vancouver Real Estate Sales Drop To Multi-Year Lows, and Lenders Slash Borrowing Rates

Time for your weekly cheat sheet on this week’s most important stories. Canadian Real Estate Canadian Household Credit Growth Barely Moves, Annual Growth Falls To 1983 Levels Canadian debt reached a new record high, but barely. The balance of household debt reached $2.16 trillion in February, up 0.01% from the month before. The annual pace […]

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This Week’s Top Stories: Canadian Real Estate Hit With Price Declines, Predatory Loan Scheme, and Billions In Anonymous Buys

Time for your weekly cheat sheet on this week’s most important stories. Canadian Real Estate The Canadian Government Launches Predatory First-Time Buyer Mortgage Scheme The Government of Canada is taking steps to provide first-time buyers assistance, through “equity lending.” The move would see the government provide new homeowners with up to 10% assistance to buy […]

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This Week’s Top Stories: Canadian Real Estate Sales and Prices Make Big Drops, While Developer Debt Hits An All-Time High

Time for your weekly cheat sheet on this week’s most important stories. Canadian Real Estate Canadian Real Estate Sales Print Worst February Since Before The Great Recession Canadian real estate sales are slowing dramatically from last year. CREA reported 29,974 sales in February, up 25% from the month before. This represents a 4.41% decline compared […]

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This Week’s Top Stories: Canadian Real Estate Price Growth Drops To 2009 Levels, Condo Market Weakens In Toronto and Vancouver

Time for your weekly cheat sheet on this week’s most important stories. Canadian Real Estate Canadian Real Estate Prices Make Smallest Price Change Since Great Recession Canadian real estate prices are moving a lot slower in 2019. The price of a typical home in Canada hit $613,500 in January, up 0.79% from the year before. […]

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This Week’s Top Stories: Canada Considers Move To Increase Real Estate Debt, While Toronto and Vancouver Detached Prices Rollback Years Worth of Gains

Time for your weekly cheat sheet on this week’s most important stories. Canadian Real Estate Canadian Government Considers Move To Load Households With More Real Estate Debt The Government of Canada is considering lengthening mortgage amortizations for first-time buyers. While the move will lower monthly payments, it increases the amount of debt they can carry […]

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This Week’s Top Stories: Toronto and Vancouver Real Estate Sales Fall To Great Recession Levels, Debt Growth Lowest Since 1983

Time for your weekly cheat sheet on this week’s most important stories. Canadian Real Estate The Last Time Canadian Household Debt Grew This Slow Was 1983 Canadian household debt hit a new record high, but the growth rate is decelerating. The balance of outstanding debt reached $2.16 trillion in December, up 3.1% from the year […]