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 […]

This Week’s Top Stories: Everyone In Canada Wants To Be A Real Estate Agent, and Low Mortgage Rates Turn Toxic

Time for your cheat sheet on this week’s top stories.  Canadian Real Estate Canada’s Real Estate Bubble Has Buyers Paying 2x The Mortgage Of Existing Owners Canadian homebuyers are paying double the payments of existing homeowners. In 2021, the average homeowner’s mortgage payment climbed to $1,382 per month in the third quarter. The average homebuyer […]