Top Stories

This Week’s Top Stories: How Central Banks Drove Pent-Up Demand Too Early, and Canadians Have Difficulty Paying Mortgages

Time for your cheat sheet on this week’s most important stories.  Canadian Real Estate Understanding Pent-Up Demand In Real Estate, And How Central Banks Broke Markets Pent-up demand is a temporary rise in consumer buying, after a period of restraint. It normally appears at the end of a recession, but not this time. During recessions, […]

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Understanding Pent-Up Demand In Real Estate, And How Central Banks Broke Markets

“It’s pent-up demand, bro – the market’s recovered” is one of the most common things I hear these days. Unfortunately, most people parroting the words don’t actually understand what they’re saying. Pent-up demand means a temporary surge of buying activity, that falls when demand catches up. Temporary being the key word. Under normal circumstances, this […]

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This Week’s Top Stories: Canada’s Largest Banks Have Over 500,000 Mortgages On Deferral, As Regulators Phase Out Special Treatment

Time for your cheat sheet on this week’s most important stories.  Canadian Real Estate Canada’s Big Six Banks Set Aside Over $6 Billion For Credit Losses Canada’s Big Six banks have set aside billions of cash to prepare for losses on loans. Provisions for credit losses (PCLs) reached $6.76 billion in Q3 2020 at the […]