BC Government’s Subprime Loans Fueled Almost 7% of Vancouver Real Estate In Q1
Vancouver real estate buyers got help from the BC Home Partnership, but the program added more to prices then it contributed. *slow clap*
Late Mortgage Payments In Ontario Fall To The Lowest Since The 1990 Crash
Mortgages in Ontario ticked down to the lowest level since just before the Toronto real estate crash of 1990.
Canada Hits Two Critical Warning Signs For A Financial Crisis
The Bank for International Settlements is flagging Canada with two warning signs, indicating a financial crisis is likely.
The E-Commerce Apocalypse Is Far From Hitting Canada
Canadians aren’t adopting e-commerce at the pace Americans are, which could be good news for the industry…or a looming disaster.
Canada’s Inflation Hits A Low For 2017, Making An Increase In Interest Rates Tricky
Canada saw the consumer price index (CPI) slip, falling to a low for 2017. This could put a hiccup in rising interest rates anytime soon.
This Week’s Top Stories: China’s Largest International Real Estate Buyer Has A Problem, and Government Warns Canadian Debt Will Hit New Records
China’s largest international real estate buyer has a problem, and the Canadian government thinks household debt will accelerate.
As Mortgage Rates Go Up In The US, Credit Ratings Are Going Down
US real estate firm CoreLogic has observed that as mortgage rates climb, credit ratings have started to slide across America.
One of China’s Largest Real Estate Buyers Has A Lot of ‘splainin To Do
China’s largest buyer of international real estate just got yuan blocked. Here’s what went down at Anbang, and how it will impact the market.
Bank of Canada Believes Housing Is Still Pretty Cheap…Seriously
Could have fooled us, but the Bank of Canada’s housing affordability index shows Canadian real estate is affordable.
Warren Buffett’s Berkshire Makes Home Capital Group An Offer They Can’t Refuse
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.
