Canadian Real Estate Prices To See An “Unprecedented Decline”: TD
Canada’s second-largest bank is the latest to forecast declining real estate prices, but the good news is they don’t see a deep recession.
Canadian Real Estate Prices Get Another Forecast Revision Lower From RBC
RBC quarterly filings reveal the bank is seeing its baseline expectations for Canadian real estate prices erode even further.
This Week’s Top Stories: Canadian Real Estate’s Bear Market Is Just Getting Started & Inflation Revisions
This week’s top stories include a “Big Six” bank warning Canada’s real estate correction is just getting started & big inflation revisions.
Canada’s Major Real Estate Markets Are Seeing Inventory Return To “Balanced”
Canada’s major real estate markets are back to a “balanced” market and can head into a buyers’ market if things don’t firm soon.
Canadian HELOC Debt Is Accelerating As Interest Rates Rise
Canadian HELOC debt is climbing at the fastest rate in nearly a decade, despite rising interest rates designed to cool borrowing.
Canadian Mortgage Debt Is Rising A Half-Billion Dollars Per Day On Average
Canadian mortgage borrowing might be slower but even slower is a breakneck speed as the overstimulated market tries to calm.
Canadian Real Estate Market Entered Bear Territory, Expect It To Get Worse: BMO
Canadian real estate entered a bear market as higher rates killed excess demand, and BMO sees things getting worse in the coming months.
Canada’s Inflation Revisions Show Something Is “Really Wrong”: National Bank
Canadian core inflation, the BoC’s preferred measure, was revised twice in two months, supporting rate hikes months before they began.
Most Canadian Real Estate Markets Fell From Peak, Down As Much As $355,000
Canadian real estate prices suffered another sharp drop in July, bringing markets as much as $355,000 lower than peak values.
This Week’s Top Stories: Canadian Real Estate Now Requires 64% of Income & “Excess” Demand Is Gone
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Here’s How The Bank of Canada Drove Over 250,000 Excess Real Estate Sales When inflation is below target, a central bank will cut interest rates to help stimulate “excess” demand for goods. The excess demand is intended to over run the existing […]
