Ontario’s Late Mortgages Are Now At The Same Level Before The 1990 Crash
Last time late mortgage payments in Ontario were this low, Toronto real estate crashed. Late payments then escalated *really* fast.
Last time late mortgage payments in Ontario were this low, Toronto real estate crashed. Late payments then escalated *really* fast.
Vancouver real estate has historically recovered much faster from crash than a correction, especially the detached market.
Just when you didn’t think Vancouver real estate could get any wackier, the condo market goes completely haywire.
Foreign buying of residential real estate is surging across the United States, reaching over $153 billion in sales over the past year.
Foreign ownership of Canadian real estate has been a hot button issue, but how does foreign ownership of the industry stack up?
Real estate sales are dropping across Canada, and prices are starting to stall according to the Canadian Real Estate Association.
Toronto real estate enters two distinct markets. Detached homes are soft, but condos are fetching up to 50% more in some neighborhoods.
This week’s top stories include the impact of higher interest rates, and the difference between a correction and a crash.
We talk to Dr. Joseph Wang, an expert at China’s capital flows, to find out how people are circumventing the rules to buy real estate.
Toronto’s having a tough time filling jobs. At the wages offered, employees would have to devote more than half their income on rent.