This Week’s Top Stories: Bank of Canada is Full of S**t, Canada’s Shadow Banks, and Vancouver Rentals
A summary of the most important Canadian real estate stories: Canada’s reliance on debt, Toronto speculators, and Vancouver renters.
Renting In Vancouver Just Turned Into “The Hunger Games”
The CBC just reported over 130 people lined up for a shot at renting a single apartment, and things could get worse for Vancouver renters.
Foreign Buyers or Domestic Greed? Over 121,000 Toronto Homeowners Own Multiple Homes In The City
New data from the Ministry of Finance shows that Toronto real estate has a bigger problem than foreign buyers, speculators from Toronto.
Canada’s $1.1 Trillion Shadow Banking Sector Is Now Half As Large As Banks
Canada’s addiction to credit has created a massive shadow banking sector, which is now more than half the size of traditional banks.
Vancouver Detached Homes Get First Price Increase In 8 Months
Vancouver real estate got a little good news in March. Detached homes stopped their 8 months slide, with a pretty solid uptick in prices.
The Bank of Canada Is Full of S**t, Here’s How Interest Rates Impact Speculation
Here’s a look at interest rates, and how a 5% hike would impact Canadian real estate prices. Even though the BoC “thinks” they aren’t related.
Toronto Homeowners Look To Cash Out In March As Detached Listings Soar
Toronto real estate saw a sharp increase of new detached homes listed in March, setting a new single month record.
This Week’s Top Stories: The World’s Most Expensive Cities, Chinese Buyers Have Hit Peak, and Canadians Are Making Less
This week we found out the world’s most expensive cities, Chinese buyers might have hit peak, and Canadians are making less than last year.
Vancouver Sees Construction Hit A 45 Year High For March
The rush to cash in on Vancouver’s premium land values had led to a 45 year high for new construction starts in the city.
Founders of China’s Largest International Real Estate Portal Leave The Game
Still waiting for foreign buyers? Because the founders of Juwai, China’s largest international property portal have just cashed out, so…
