Canada’s Parliamentary Budget Officer is warning that household debt will accelerate through next year, shattering previous debt records.
Canadian Government Is Now Warning Household Debt Will Shatter Records
Government of Canada Doesn’t Expect Interest Rates To Rise Until 2018
A new release from the Parliamentary Budget Officer of Canada doesn’t anticipate interest rates will rise until sometime next year.
Deep Pocketed Boomers Just Sent Vancouver Condos To An All-Time High
Vancouver real estate is back. Downsizing Boomers are competing with first-time buyers, sending condo prices to a new record high.
A Third of Vancouver Commercial Real Estate Sales Were Residential Land
Residential land accounted for almost a third of all commercial land sales in Vancouver, down from 50% the same time last year.
Toronto Condo Prices Are Rising Faster Than Any Other Home Type
Toronto real estate may be cooling, but condos are seeing the fastest rising prices in the country – with the exception of a Toronto suburb.
This Week’s Top Stories: Sydney Sees A Boom In Second Homes, Toronto’s Home Flippers Are In Full Force, and Bank of Canada Flags Traditional Mortgages
The über rich are flocking to Sydney for second homes, 7% of Toronto homes sold were owned less than a year, and BoC finds mortgage problems.
Bank of Canada Flags Risks Associated With Traditional Mortgages
High-ratio borrowers have always been a concern, but the the Bank of Canada is now highlighting risks associated with traditional mortgages.
New York Metro Sees High-Rent Homes Soar, Low-Rent Disappear
The New York City area is seeing low rent units disappear, and high rent units replace them at a rapid rate.
Affluent Toronto Suburb Sees Largest Real Estate Price Drop Since 2008
While Toronto real estate is making up it’s mind, we take a peak at how prices changed in an affluent suburb to see if we can gain insights.
Don’t Expect Vancouver Real Estate To Turn Negative For At Least 16 Months
We take a look at how long it takes for Vancouver real estate prices to experience negative growth, and generally how long it lasts.