Real Estate Lessons From An Economist That Died Over 100 Years Ago
Economist Henry George first identified over 100 years ago that real estate runs in cycles. Here’s a primer on identifying those cycles.
This Week’s Top Stories: Capital Controls Are Still Halting Chinese Buyers, Toronto’s Inventory Is Spiking While Sales are Falling, and Suburban Vancouver Is Seeing Detached Prices Rise…Again
Toronto real estate might be turning a corner, Mainland Chinese buyers aren’t exchanging yuan, and Vancouver is seeing higher prices again.
Toronto’s Fast Moving Prices Spread To Surrounding Suburban Real Estate
Canadian real estate was still on a run in March, but around the Greater Toronto Area saw prices appreciate 50% faster than other cities.
Real Estate Is The Only Reason Canada’s GDP Grew In February
Canada is now so dependent on real estate, it was the only reason the economy grew in February. Careful with those “cooling” measures.
Sorry Vancouver, But Toronto Is The King of Risky Mortgage Debt
Soaring real estate prices are inspiring Canadians across the country to jump into homeownership, even if they can’t afford it.
Canada’s $1.1 Trillion Shadow Banking Sector Is Now Half As Large As Banks
Canada’s addiction to credit has created a massive shadow banking sector, which is now more than half the size of traditional banks.
Founders of China’s Largest International Real Estate Portal Leave The Game
Still waiting for foreign buyers? Because the founders of Juwai, China’s largest international property portal have just cashed out, so…
Canada Is Building Homes At A Rapid Pace, But Is Population Keeping Up?
Canadian real estate set another record, building starts. Can population growth keep up with the multi-year high for new construction?
Flood of Foreign Buyers In March? Nope. China’s FX Reserves Rise Again
Did foreign buyers run the Canadian real estate market in March? Not likely, since China saw another month of capital inflows, not outflows.
Ontario Financial Watchdog Starts Planning For Real Estate Declines
FAO, Ontario’s financial dog, has begun modeling how the province will be impacted by declining Canadian real estate prices in coming years.
