Canada’s largest real estate markets may be seeing irrational buying. The Canada Mortgage And Housing Corporation (CMHC), a Crown corporation, has developed a new method of tracking over enthusiastic buyers. The method detects periods of accelerated price growth, in Canada’s largest markets. The most recent readings show Toronto and Vancouver are showing excessive exuberance. Montreal […]
Vancouver real estate prices have been soaring, and the CMHC thinks they know why… for the most part. They still can’t explain almost a quarter of recent gains.
Toronto real estate prices have been soaring, but how much higher than they should be? The CMHC thinks almost 60% of the gains were unexplained.
New data from the CMHC shows Canadian real estate is increasingly being bought with mortgages held by foreign buyers. Great insight, but the data is kind of dated, since it’s pre-Chinese crackdown on capital flight.
Toronto real estate is been plagued by a chronic shortage of supply… or is it? Recently we’ve been asked by a number of investors and developers whether they’ll be able to profitably create more supply in the Greater Toronto Area (GTA). That’s a tough question, and we’ll get to that on another day. In order […]
This week we talk about the Future of Canadian real estate prices, OSFI’s B-20 regulations, and condo markets in Toronto and Vancouver.
Part 3 of our notes from the CMHC “Future of Home Prices” talk focuses on combining models for price targets, using Toronto real estate as the example.
Canadian real estate prices won’t wait for incomes, so what’s next? Here’s part 2 of my CMHC presentation notes on the future of housing.
The Canadian government invited me to talk about the future of Canadian real estate prices, this is part one of what I said.
Vancouver real estate is so sought after in China, they built their own! Complete with concrete replicas of the city’s historic homes.