Canadian real estate debt hit a new high, and the news gets worse as they explain it further. The Bank of Canada (BoC) updated household debt numbers for March. In a speech this week, BoC’s Governor Stephen Poloz also gave further insights on the numbers. The record debt levels are concentrated in a smaller segment […]
Hot spring market? Nope. Toronto Real Estate Board (TREB) numbers show April was colder than usual, as demand continues to drop. Generally speaking, the market is seeing price moderation, lower sales, and rising inventory levels. Greater Toronto Real Estate Prices Dropped Over 5% The benchmark composite, the price of a typical home in Toronto, is […]
Despite Toronto real estate prices hitting a road block, the price of a home across Canada has reached a record high.
A civil court case over some pricey pieces of Toronto real estate leaves a lot of questions unanswered about the state of Canadian lending practices.
The US Fed Thinks Canadian Real Estate Buyers Are “Exuberant,” and The CMHC Says Toronto and Vancouver Are Highly Vulnerable, Overvalued Markets
US Federal Reserve Bank indicators show Canadian real estate prices were still “overheating” in the fourth quarter of 2017, and buyer exuberance actually increased.
The Crown Corporation in charge of Government research on Canadian real estate says markets are cooling, but the country still remains highly vulnerable – especially in Toronto and Vancouver.
Canadian banks are reporting record low mortgages defaults. That’s often a misread sign of market health, but likely means we’re seeing real estate exuberance.
The Government agency in charge of mortgage liquidity still thinks Canadian real estate is at a “high” degree of vulnerability, although the reasons vary by market.
Trying to extract some of that money you’ve made with Canadian real estate? If you’re taking out a reverse mortgage, you’re going to make sure you pay your property taxes on time, every time.
