1.91 Million Canadians Are Borrowing Against Their Home Equity
Soaring real estate prices are seeing more Canadians borrow against the equity in their home, here’s how much and what they’re doing with it.
Toronto’s Trendy Queen Street West Is Filling With Empty Storefronts
Toronto’s trendiest neighborhood is filling up with empty storefronts, as soaring real estate prices are leaving Torontonians short on cash.
PwC: Canada To Drop Out of Top 20 Economies, US To Fall To 3rd
Top accounting firm PwC sees a few developing countries surpassing many of today’s advanced economies, here’s how they ranked.
Calgary Condos See Lower Prices, But Improved Sales In January
Calgary real estate is off to a better start in 2017. Prices still declined in January, but sales and inventory are showing better balance.
Here’s Why Metro Vancouver Might Be Over Building By 50%
In 2016, Metro Vancouver started 1 home for roughly every person that moved to the area that year. Here’s why that might be too much.
First-Time Canadian Real Estate Buyers Are Making Record Down Payments
Despite Canadian real estate prices skyrocketing, first-time buyers are making larger down payments than ever.
Vancouver’s Condo Market Sees A Price Increase In January
After two months of declines, benchmark prices in the Vancouver condo market got a bump higher in January 2017.
Toronto Condo Sales Rise More Than 26% In January
Toronto condos pushed higher in January 2017. The month saw fewer listings, higher prices, and more sales than the same time last year.
Calgary Real Estate Sees Detached Sales Increase 25% In January
Calgary real estate got a positive indicator finally, with sales of detached homes increasing 25% in January 2017.
1 In 5 Canadian Homeowners Commits Mortgage Fraud: Broker
Scott Nazareth, one of Canada’s top mortgage brokers estimates 20% of Canadians are committing mortgage fraud to qualify for homeownership.
