Canada

This Week’s Top Stories: Canadian Mortgage Debt Rises As 743,000 Households Defer Payments, and Reverse Mortgages Boom

Time for your cheat sheet on this week’s most important stories. Canadian Real Estate Canadian Mortgage Debt Explodes In Growth, As Payment Deferrals Hit Over 743,000 Canadian mortgage debt is seeing growth accelerate, as hundreds of thousands stop making payments. The balance of mortgage debt reached $1.68 trillion in May, up 6.0% from a year […]

Top Stories

This Week’s Top Stories: Canada’s National Housing Agency Sees Falling Prices In Big Cities, and Ontario Sees Outflow of Residents

Time for your cheatsheet on this week’s most important stories. Canadian Real Estate Canada’s National Housing Agency Forecasts Price Drops In Toronto And Vancouver Canada’s national housing agency sees prices potentially falling in major markets. Toronto, Vancouver, and Montreal are all forecasted to be lower than they were last month. Some markets like Vancouver aren’t […]