Foreign buyers are scooping up affordable Toronto and Vancouver real estate, and parliament warns higher interest rates will stagnate housing for at least 5 years.
Foreign buyer numbers for Toronto and Vancouver real estate might seem trivial, but they’re applying significant pressure to “affordable” housing in those cities.
Non-resident ownership of Canadian real estate is way higher than we thought, and China’s anti-speculation measures makes the Canadian government look like enablers.
New data from Statistics Canada show billions of dollars of Vancouver residential real estate is being consumed by foreign buyers.
Foreign buyers have been scooping up Toronto real estate, and the numbers are nothing short of mind boggling.
Consumer credit growth is starting to decelerate faster than anticipated, and that’s bad news for Canadian real estate.
Canadian real estate inventory is soaring in some of the country’s hottest markets, and CREA is anticipating sales will drop next year.
Canadian real estate has more in common with the US bubble than we thought, and why Ottawa doesn’t care about your high debt levels.
Canadian real estate looks a lot like the US market before the crash, now that new research disproves the subprime myth.
Canadian real estate prices dropped for a third month in a row, with Toronto making the largest single month decline in the country.
