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This Week’s Top Stories: Canadian Real Estate Prices Forecasted To Fall, As Households Make Fewer Payments

Time for your cheat sheet on this week’s most important stories.  Canadian Real Estate  Moody’s Doubles Down On Forecast Of Canadian Real Estate Prices Falling Soon One of the world’s largest credit rating agencies confirmed an early forecast of falling home prices in Canada. Moody’s had expected government measures would delay any impact to home […]

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This Week’s Top Stories: Canadian Home Buyers With Small Down Payments Rise, While Toronto Condo Prices Slip Lower

Time for your cheat sheet on this week’s most important stories.  Canadian Real Estate Canadian Homebuyers With Small Down Payments Grows For The First Time In Years Insured mortgage credit, for those with smaller down payments, increased for the first time in years. The balance of insured mortgages reached $476.53 billion in Q2 2020, up […]

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This Week’s Top Stories: Canada’s Largest Banks Have Over 500,000 Mortgages On Deferral, As Regulators Phase Out Special Treatment

Time for your cheat sheet on this week’s most important stories.  Canadian Real Estate Canada’s Big Six Banks Set Aside Over $6 Billion For Credit Losses Canada’s Big Six banks have set aside billions of cash to prepare for losses on loans. Provisions for credit losses (PCLs) reached $6.76 billion in Q3 2020 at the […]