Toronto Sees A 64% Increase In New Detached Listings
Toronto real estate is seeing a ton of new inventory, and detached homes are no exception. The market still saw higher prices.
BC Real Estate Sales Fall By Over $10 Billion YTD
British Columbia’s cool start to the year is adding up to over $10 billion less in sales this year compared to last.
Canadian Wages Are Now Growing Slower Than Inflation, BC and Alberta Decline
Canadian wage growth experienced the slowest annual May increase in more than a decade, with some provinces even showing declines.
AirBnB Is Being Regulated, How Did It Impact Toronto Real Estate Prices?
The city is regulating AirBnB, let’s look at the data on how it may have impacted Toronto real estate prices over the past couple of years.
Vancouver Detached Homes See Higher Prices For A Third Month In A Row
Vancouver real estate is seeing higher prices, especially detached homes where they’re now trading at June 2016’s scorching levels.
This Week’s Top Stories: China’s Real Estate Spree Is Over, 3.1 Million US Mortgages Are Underwater, and Toronto is full of Rich Families
China’s international real estate binge is dead, 3.1 million US mortgages are still underwater, and Toronto has a ton of ballin’ families.
The Cost of Buying A Million Dollar Home In Canada Has Dropped By Over 20%
The cost of buying a million dollar piece of Canadian real estate has dramatically declined over the past decade.
3.1 Million US Homes Still Have Negative Equity From The Recession
Homeowners are starting to recover from the US real estate bubble that burst in 2008, but over 10 million mortgages have little to no equity.
Foreign Buyers Are Being Offered Huge Incentives To Come Back To Canada
Social media is outraged at the possibility of Canadian developers offering big overseas incentives in attempt to win back foreign buyers.
Canadians Are Using Second Mortgages To Avoid Bankruptcy
Canadian bankruptcies from homeowners are at an all-time low, but an expert argues this is due to second mortgages and HELOCs, not wealth.
