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Tag: Canadian Real Estate

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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

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
June 18, 2017

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.

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British Columbia

BC Real Estate Sales Fall By Over $10 Billion YTD

BC Real Estate Sales Fall By Over $10 Billion YTD
June 13, 2017

British Columbia’s cool start to the year is adding up to over $10 billion less in sales this year compared to last.

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Canada

The Cost of Buying A Million Dollar Home In Canada Has Dropped By Over 20%

The Cost of Buying A Million Dollar Home In Canada Has Dropped By Over 20%
June 10, 2017

The cost of buying a million dollar piece of Canadian real estate has dramatically declined over the past decade.

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Canada

Canadians Are Using Second Mortgages To Avoid Bankruptcy

Canadians Are Using Second Mortgages To Avoid Bankruptcy
June 8, 2017

Canadian bankruptcies from homeowners are at an all-time low, but an expert argues this is due to second mortgages and HELOCs, not wealth.

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Canada

Canadian Uninsured Mortgages Hit All-Time High

Canadian Uninsured Mortgages Hit All-Time High At End Of 2016
June 1, 2017

Experts are saying Canadian real estate is about due for a correction, but how safe are the banks? A lot safer than homeowners.

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Canada

Senate Receives Recommendation To Put A Cap On Household Debt

Senate Receives Recommendation To Put A Cap On Household Debt
May 30, 2017

The Canadian senate heard from Moody’s, the IMF, and the CMHC. Here’s your cheat sheet on what they said about real estate and our banks.

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Canada

Canadians Push Past $2 Trillion In Debt To Set A New Record…Again

Canadians Push Past $2 Trillion In Debt To Set A New Record...Again
May 30, 2017

Canadians now hold over $2.025 trillion in debt according to the Bank of Canada, setting another all-time high, and it my be accelerating.

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Top Stories

This Week’s Top Stories: Real Estate Lessons From A Dead Dude, Vancouver’s Market Is Cooling, and 70% of Chinese Millennials Are Homeowners

This Week’s Top Stories - Real Estate Lessons From A Dead Dude, Vancouver’s Market Is Cooling, and 70% of Chinese Millennials Are Homeowners
May 28, 2017

This week we discuss real estate commodity cycles, global millennial homeownership rates, and why inflation numbers are wrong.

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Canada | US

New Home Prices Are Over 50% Higher In Canada Than The US

New Home Prices Are Over 50% Higher In Canada Than The US
May 27, 2017

The gap between new home prices in Canada and the US is growing, with Canadian homes now more than 50% more expensive.

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Canada

Real Estate Lessons From An Economist That Died Over 100 Years Ago

Real Estate Lessons From An Economist That Died Over 100 Years Ago
May 23, 2017

Economist Henry George first identified over 100 years ago that real estate runs in cycles. Here’s a primer on identifying those cycles.

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