Here’s What Canadian Real Estate Did After The Last Interest Rate Hike
Lowering interest rates pumped up Canadian real estate prices, but will raising them lower prices? It didn’t last time.
This Week’s Top Stories: Canada’s vacant home problem, Toronto real estate is slowing, and Vancouver is ramping up..again
This week’s top real estate stories: Canada’s vacant home problem, Toronto real estate is slowing down, and Vancouver is booming…again.
Canada Has Twice As Many Vacant Homes As The US Did Before The Crash
Canada has twice the ratio of vacant homes the US did before the great recession, indicating Canadian real estate may be in hypersupply.
Canada Hits Two Critical Warning Signs For A Financial Crisis
The Bank for International Settlements is flagging Canada with two warning signs, indicating a financial crisis is likely.
Canada’s Inflation Hits A Low For 2017, Making An Increase In Interest Rates Tricky
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.
This Week’s Top Stories: China’s Largest International Real Estate Buyer Has A Problem, and Government Warns Canadian Debt Will Hit New Records
China’s largest international real estate buyer has a problem, and the Canadian government thinks household debt will accelerate.
Bank of Canada Believes Housing Is Still Pretty Cheap…Seriously
Could have fooled us, but the Bank of Canada’s housing affordability index shows Canadian real estate is affordable.
Canadian Government Is Now Warning Household Debt Will Shatter Records
Canada’s Parliamentary Budget Officer is warning that household debt will accelerate through next year, shattering previous debt records.
Government of Canada Doesn’t Expect Interest Rates To Rise Until 2018
A new release from the Parliamentary Budget Officer of Canada doesn’t anticipate interest rates will rise until sometime next year.
This Week’s Top Stories: Sydney Sees A Boom In Second Homes, Toronto’s Home Flippers Are In Full Force, and Bank of Canada Flags Traditional Mortgages
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.
