Real Estate Lessons From An Economist That Died Over 100 Years Ago
Economist Henry George first identified over 100 years ago that real estate runs in cycles. Here’s a primer on identifying those cycles.
This Week’s Top Stories: The New Foreign Buying Threat In The US, Vancouver’s Deteriorating Mortgages, and Toronto’s Luxury Buying Soars
This week’s top news for Canadian real estate, including Canada’s speculation problem, Vancouver’s mortgage quality is slipping, and more.
Toronto Luxury Sales Up Almost 75% In April
Plot twist. Toronto real estate sales are down, but the luxury segment is booming. What the f**k does that mean?
Vancouver Mortgages Are Rapidly Deteriorating In Quality
Vancouver real estate’s rapid price increases are leaving buyers stretched a little thin according to the Bank of Canada’s calculations.
Average Home Price In Canada Is Up Over 19% From Last Year
The average Canadian home price rose $100,000 from April 2016, a 19% increase according to the Canadian Real Estate Association.
Vancouver Had More Detached Homes For Sale Than Condos Last Month
Vancouver condo sales decline, but a quick drop in inventory sent prices higher for a third month in a row.
The US Has A Foreign Buying Problem, and It’s Not China
Canada tops the list of foreign buyers searching for US real estate. Turns out we’re more likely to keep homes empty than Chinese buyers.
Toronto Condos See Price Gains, More Sales In April
Toronto’s condo market saw less new listings, more sales, and higher prices in April. Although there’s something worth noting in the charts.
This Week’s Top Stories: Capital Controls Are Still Halting Chinese Buyers, Toronto’s Inventory Is Spiking While Sales are Falling, and Suburban Vancouver Is Seeing Detached Prices Rise…Again
Toronto real estate might be turning a corner, Mainland Chinese buyers aren’t exchanging yuan, and Vancouver is seeing higher prices again.
Suburban Vancouver Sees The Highest Price Increases For Detached Homes
Vancouver real estate is starting to warm up again, and this time detached suburban homes are leading the way.
