Top Stories Toronto

This Week’s Top Stories: Canada’s Money Supply Is Flashing A Warning For Housing, While The Central Bank Gets Ready To Provide Mortgage Liquidity

Time for your weekly cheat sheet on this week’s most important stories. Canadian Real Estate Canada’s Money Supply Prints Another Ominous Signal For The Housing Cycle The Canadian money supply is printing a warning sign. The growth rate of M2++, the broadest measure of Canadian money, fell to 5.1% – down 20.3% from last year. […]

Canada

Canada’s National Housing Agency Thinks Prices Are Too Steep, Even With The Declines

The most influential housing organization in the country seems to be bearish on real estate prices. Canada Mortgage and Housing Corporation (CMHC), the Crown agency in charge of housing research, released its fourth quarter Housing Market Assessment. The government backed agency is seeing prices cool, but still feels the country is overpriced at the national […]