Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Real Estate Prices To Fall Lower, Worst Case Is A Return To 2014 Values: Oxford Econ Canadian real estate prices will fall further, according to a prominent firm’s forecast. Oxford Economics (OxEcon) still sees a drop of 30% from peak to […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate What Canadian Real Estate Correction? Detached Market Surges Up To $52k Higher Canadian real estate is showing signs of a firming market. The price of a typical single-family home across Canada fell 1.2% to $748,800 in December. Five markets bucked the trend, […]
Our top stories this week include Canada’s real estate industry lowering their forecast for home prices, & households see lower real wages.
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canada’s Bank Regulator Wants Tighter Rules To Address Real Estate Risks Canada’s bank regulator is looking to protect the financial system from mortgage risks. Last week, OSFI began a public consultation on new mortgage measures. They include limits on loan-to-income ratios, new […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Bank of Canada Clear For Another Hike After Employment Boom: BMO Canada’s employment data is still coming in hot, with the economy adding 104k jobs in December. This drove the unemployment rate down to just 5.0%, only 0.1 points above the 50-year […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Real Estate Prices Have Officially Crashed In 18 Markets Canadian real estate is spiraling lower as 18 markets enter a technical “crash.” Sharp corrections were in Oakville-Milton (-$398,700), Mississauga (-$286,000), and Cambridge (-$249,600). No need to panic—even with this pullback, prices […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canada’s Real Estate Bubble Is Now The Largest Ever, Correction Needed: RBC Canadian real estate is in its biggest bubble ever, and RBC sees falling prices fixing it. The bank estimates a median household buying would need to spend 67% of its […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Real Estate Building Boom Hits Historic High, To “Be Tested”: BMO Canada’s real estate slowdown has developers pumping the breaks on new projects. Don’t worry, says BMO—there’s a record number of homes currently under construction. The seasonally adjusted annual rate (SAAR) […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canada’s Bank Regulator Just Told Banks To Put Away More Cash For A Risk Event Canada’s banking watchdog is asking the country’s Big Six to put away a little more cash for a rainy day. This week OSFI increased the domestic stability […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate The Canadian Real Estate Bubble Is Popping As Mortgage Rates Throttle Credit Canadian real estate prices got a boost from low rates, now the opposite is happening. A typical home fell to $735,000 in October, down 15.3% from the peak, wiping out […]
