Canada has twice the ratio of vacant homes the US did before the great recession, indicating Canadian real estate may be in hypersupply.
Canada gets flagged for a financial crisis…twice, Vancouver’s subprime buyer program is spiking prices, and inflation plummets.
Vancouver real estate fetches a premium because of the business being done on the land, but no one’s measuring it. Don’t worry, we just did.
A website has popped up advertising foreclosed Vancouver real estate listings, but how did the agent find so many? They didn’t.
Officially 84,000 Canadians can’t access fresh water, but we scoured records to find out that only includes 10% of active water advisories.
Vancouver real estate sales are picking up again, and so are sales involving foreign nationals.
Vancouver real estate buyers got help from the BC Home Partnership, but the program added more to prices then it contributed. *slow clap*
Mortgages in Ontario ticked down to the lowest level since just before the Toronto real estate crash of 1990.
The Bank for International Settlements is flagging Canada with two warning signs, indicating a financial crisis is likely.
Canadians aren’t adopting e-commerce at the pace Americans are, which could be good news for the industry…or a looming disaster.