Canadian real estate debt problems are growing, as seniors increasingly turn to reverse mortgages to make up the gap between their home equity and retirement savings.
Foreign buyers are scooping up affordable Toronto and Vancouver real estate, and parliament warns higher interest rates will stagnate housing for at least 5 years.
The Canadian real estate slow down from higher interest rates is real, and parliament is projecting it will slow GDP growth until at least 2022.
Toronto real estate is still cooling down from the great panic buying of early 2017, and the condo market is no exception.
Foreign buyer numbers for Toronto and Vancouver real estate might seem trivial, but they’re applying significant pressure to “affordable” housing in those cities.
Non-resident ownership of Canadian real estate is way higher than we thought, and China’s anti-speculation measures makes the Canadian government look like enablers.
China is dealing with some of the world’s most ruthless real estate speculators. Here are some lessons Canada should take away.
New data from Statistics Canada shows that new completions in Toronto and Vancouver are way more popular with non-resident buyers than most people think.
New data from Statistics Canada show billions of dollars of Vancouver residential real estate is being consumed by foreign buyers.
Foreign buyers have been scooping up Toronto real estate, and the numbers are nothing short of mind boggling.
