StatsCan: Nearly 1 In 10 New Homes In Toronto Scooped By Non-Residents In 2016-2017
Statistics Canada has updated the non-resident real estate ownership stats for Greater Toronto. Finally, some data!
You Can Now Buy US & Canadian Real Estate With Your Milk and Eggs… In China
Juwai is teaming up with JD.com to sling Australian, US, and Canadian real estate to Mainland Chinese buyers in just a few days.
The Lauderdale Paradox, And Artificial Scarcity In Canadian Real Estate
The value of Canadian real estate has been debated for some time. Those that benefit from ownership, often say “fundamental value” is sending prices higher. Further adding that the increase of home prices, results in an increase of wealth for the country. Housing activists say that real estate has become highly commoditized. They argue, escalating […]
New York Gears Up To Crack Down On Speculators w/Quiet Addition To The Budget
New York City is getting an additional tool to crack down on real estate flippers. The new tool is just one of the few ways the city is letting speculators know they aren’t welcome.
There’s A S**t Ton of Canadian Real Estate Owned By “Corrupt African Leaders”
French NGO, Sherpa, is alleging that millions of dollars in Canadian real estate bought by “corrupt African leaders” was obtained with questionable cash sources.
Toronto Real Estate Sales Down Over 35%, Listings Jump Over 147% In February
Toronto real estate continued to see a cooler market in February. Toronto Real Estate Board (TREB) numbers show prices are still higher, but they’re tapering fast. This occurred as sales declined, and inventory climbed for the eleventh consecutive month. Toronto Real Estate Prices Are Seeing Gains Taper The sale price of a home is still […]
This Week’s Top Stories: Canada Delayed The Great Recession, We Didn’t Skip It and The First Big Six Bank Forecasts Lower Toronto and Vancouver Real Estate Prices
We know you’re busy. So here’s a cheat sheet on the week’s most important real estate stories. You’re welcome. Canadian Real Estate Canada Didn’t Skip The Great Recession, We Delayed It. Here’s The Chart Recessions sound bad, but they serve a useful purpose. They’re a part of the natural business cycle, killing misallocations of both […]
National Bank Expects Toronto and Vancouver Real Estate Prices To Decline In 2018
National Bank of Canada is the first of the Big Six to anticipate lower prices for Toronto and Vancouver real estate.
Canadian Real Estate Prices To Be Impacted By OSFI More Than Foreign Buying Taxes, Says Top Chinese CEO
A top Chinese property executive thinks Canadian real estate prices will be impacted by stress testing buyers, more than foreign property taxes. She blames easy credit to absorb asset inflation, which it turns out the Bank of Canada has been saying for years.
This Week’s Top Stories: Chinese Government Seizes Billions In Canadian Real Estate, and Top Chinese CEO Thinks Vancouver Is “Overpriced”
The Chinese government just took control of a company that recently bought billions in Canadian real estate, and one of Asia’s top real estate execs says Vancouver is “overpriced.”
