You Can Now Buy US & Canadian Real Estate With Your Milk and Eggs… In China
Juwai is teaming up with JD.com to sling Australian, US, and Canadian real estate to Mainland Chinese buyers in just a few days.
Greater Toronto Real Estate Sees Largest Drop In Demand Across Canada
Toronto real estate just slipped into a balanced market, a huge drop from being in deep seller’s territory just a few months ago. Here’s how it compares to the rest of Canada.
The Canadian Mortgage Machine Fires Up Again, As Debt Levels Resume Growth
Canadian real estate buyers helped to send outstanding debt levels to new highs, as outstanding mortgage credit resumed its growth.
The Lauderdale Paradox, And Artificial Scarcity In Canadian Real Estate
The value of Canadian real estate has been debated for some time. Those that benefit from ownership, often say “fundamental value” is sending prices higher. Further adding that the increase of home prices, results in an increase of wealth for the country. Housing activists say that real estate has become highly commoditized. They argue, escalating […]
Reverse Mortgage Debt On Canadian Real Estate Jumps Over 44%
Canadian real estate owners have received a windfall lately, but unfortunately it’s all trapped in their home. Office of the Superintendent of Financial Institutions (OSFI) numbers show that an increasing number of homeowners are “releasing equity” through a reverse mortgage. The relatively new form of debt is rapidly growing, at almost 8 times the pace […]
Canadians Using Real Estate To Secure More Debt Reaches New Growth Record
Canadians are putting up their residential real estate to secure loans, at one of the fastest rates in history. Office of the Superintendent of Financial Institutions (OSFI) numbers show the balance of loans secured by real estate made a seasonal decline in January. The seasonal decline however, is at a much slower pace than previous […]
CREA Now Expects Real Estate Prices and Sales To Fall Across Canada In 2018
CREA, the organization that represents the Canadian real estate industry, just updated their forecast for 2018 – and it’s not pretty.
Canadian Real Estate Sales Have Dropped The Most Since The Great Recession
Canadian real estate has entered a down cycle, with price gains rapidly tapering and sales across the country falling the most since the Great Recession.
The BIS Just Flagged Canada For A Financial Crisis Because of Real Estate and Debt
The central bank, for central banks, just flagged Canada for a financial crisis largely due to the country’s addiction to real estate fueled debt.
This Week’s Top Stories: Canadian Real Estate Debt Is Now The Size of 76% of GDP, and “Corrupt African Leaders” Are Buying Homes In Canada
Canadian Real Estate Debt Is Now The Size of 76% of GDP, and “Corrupt African Leaders” Are Buying Homes In Canada
