The Bank for International Settlements is flagging Canada with two warning signs, indicating a financial crisis is likely.
Canada saw the consumer price index (CPI) slip, falling to a low for 2017. This could put a hiccup in rising interest rates anytime soon.
China’s largest international real estate buyer has a problem, and the Canadian government thinks household debt will accelerate.
Could have fooled us, but the Bank of Canada’s housing affordability index shows Canadian real estate is affordable.
Canada’s Parliamentary Budget Officer is warning that household debt will accelerate through next year, shattering previous debt records.
A new release from the Parliamentary Budget Officer of Canada doesn’t anticipate interest rates will rise until sometime next year.
The über rich are flocking to Sydney for second homes, 7% of Toronto homes sold were owned less than a year, and BoC finds mortgage problems.
British Columbia’s cool start to the year is adding up to over $10 billion less in sales this year compared to last.
The cost of buying a million dollar piece of Canadian real estate has dramatically declined over the past decade.
Canadian bankruptcies from homeowners are at an all-time low, but an expert argues this is due to second mortgages and HELOCs, not wealth.