Warren Buffett’s Berkshire seeks to acquire 39% of Home Capital Group at a discount, and shareholders are blocked from voting on the initial offer.
Turns out if you’re Chinese-Canadian, chances are stacked in your favor that you are one of the higher income earners in Canada.
Canada’s Parliamentary Budget Officer is warning that household debt will accelerate through next year, shattering previous debt records.
A new release from the Parliamentary Budget Officer of Canada doesn’t anticipate interest rates will rise until sometime next year.
Vancouver real estate is back. Downsizing Boomers are competing with first-time buyers, sending condo prices to a new record high.
Residential land accounted for almost a third of all commercial land sales in Vancouver, down from 50% the same time last year.
Toronto real estate may be cooling, but condos are seeing the fastest rising prices in the country – with the exception of a Toronto suburb.
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.
High-ratio borrowers have always been a concern, but the the Bank of Canada is now highlighting risks associated with traditional mortgages.
The New York City area is seeing low rent units disappear, and high rent units replace them at a rapid rate.