CMHC: More Than Half of Toronto Real Estate Price Increases Unexplained
Toronto real estate prices have been soaring, but how much higher than they should be? The CMHC thinks almost 60% of the gains were unexplained.
Toronto real estate prices have been soaring, but how much higher than they should be? The CMHC thinks almost 60% of the gains were unexplained.
Toronto’s detached real estate continues to explore where prices should be. Numbers from the Toronto Real Estate Board (TREB) show detached prices are starting to fall across Greater Toronto. The lower prices were accompanied by lower sales, and higher inventory. Sounds bad, but that means the market is now adopting healthy market mechanics. Healthy market […]
Canadian mortgage growth is decelerating, and Toronto real estate gets its first media price decline since 2009.
Canadian mortgage credit growth drops to its lowest level in two years. Here’s what that means for real estate prices.
Toronto real estate set a quiet new record, with the first annual decline in median sale prices since the Great Recession.
New data from the CMHC shows Canadian real estate is increasingly being bought with mortgages held by foreign buyers. Great insight, but the data is kind of dated, since it’s pre-Chinese crackdown on capital flight.
Toronto real estate prices are still up, but higher inventory and less sales are putting a huge amount of downward pressure on price growth.
Global wealth migration is accelerating, but wealthy families (and their real estate dollars) aren’t as interested in moving to Canada as they used to be.
Canadian Real Estate Prices Are The Fastest Falling In The World, and Ultra Rich Asian Investors Are Looking For Large Blocks of Condos.
Canadian real estate has been one of the best performing assets in the country, and pensions are looking to cash in by rapidly expanding the residential mortgage credit held.