Canadians will soon answer an age-old question—if home values are inflated to facilitate mortgage leverage, will regulators actually do anything? Canadian lenders are increasingly using blanket appraisals, treating pre-construction contract prices as market value to maximize leverage and close new home purchases. The move shifts risk from developers to buyers—especially those who bought at peak, […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canada Sees Foreign Investment Surge, But They Want Debt—In US Dollars Canada just saw foreign investment return—but not in a good way. The country saw a net inflow of C$25.9 billion in August, the largest in over a year, and it was […]
Canada just got another recession warning—falling new vehicle sales. Statistics Canada (StatCan) data shows new motor vehicle sales fell sharply in August, marking the biggest drop for the month since 2010. Durable goods like vehicles and homes see sales fall after the peak of the business cycle, signaling a recession that can’t be managed with […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Big Six Mortgage Arrears Surge Above National Average Mortgage arrears at Canada’s Big Six banks are rising faster than the national average, with five of the six now exceeding it. These lenders typically post much lower delinquency rates, making the sudden […]
Canadian households are once again piling on debt faster than their incomes can keep up—if they ever stopped. Statistics Canada (StatCan) data show the household debt-to-income (DTI) ratio climbed for a third straight quarter in Q2 2025. It’s still below the 2021 peak, but that drop has less to do with deleveraging and more to […]
Canadian mortgage borrowing is suddenly surging, despite tepid home sales. Bank of Canada (BoC) data reveals uninsured mortgage originations rose to the second-highest June on record. Rapid credit growth typically signals rising confidence, but this spike likely reflects completions from the pre-construction boom during the pandemic-era low-rate frenzy. With near-record housing under construction, originations are […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canada’s Organized Real Estate System Dealt A Blow In Class Action Settlement A large regional brokerage dealt a blow to Canada’s organized real estate system this week. RE/MAX Ontario-Atlantic Canada (OAC) agreed to settle a class action challenging mandatory board membership and […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate How Canada’s Slowing Population Growth Is Fixing The Job Market Canada was warned that slowing population growth would hurt its economy—but it might be helping. Its rising unemployment rate wasn’t the result of job losses, but the inability for the market to […]
Canada’s fiscal picture is getting “cloudy,” warns BMO. The bank’s latest report flags ballooning spending, soft revenues, and trade war uncertainty as key risks facing the economy. BMO estimates the deficit could reach as high as $80 billion this year—far higher than official forecasts. A slower rollout of election promises might ease the blow, but […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canada Is Now Building 2 Homes Per Person Added To The Population Canada’s housing supply shortage may be resolved a lot faster than policymakers anticipate. The country started construction on more than 2 homes per person added to the population in Q1 […]
