High-ratio borrowers have always been a concern, but the the Bank of Canada is now highlighting risks associated with traditional mortgages.
The cost of buying a million dollar piece of Canadian real estate has dramatically declined over the past decade.
Homeowners are starting to recover from the US real estate bubble that burst in 2008, but over 10 million mortgages have little to no equity.
Canadian bankruptcies from homeowners are at an all-time low, but an expert argues this is due to second mortgages and HELOCs, not wealth.
The Real Estate Board of Greater Vancouver sheds a little more light on who’s buying Vancouver property, and how they’re paying.
Experts are saying Canadian real estate is about due for a correction, but how safe are the banks? A lot safer than homeowners.
This week’s top news for Canadian real estate, including Canada’s speculation problem, Vancouver’s mortgage quality is slipping, and more.
Vancouver real estate’s rapid price increases are leaving buyers stretched a little thin according to the Bank of Canada’s calculations.
This week’s top real estate stories were around subprime lending in Canadian real estate, and prices are still climbing.
Real estate markets are healthy because there’s a low level of defaults, right? Not exactly. Junk economists (and that cousin of yours that gives unsolicited investment advice) often explain that the lower the levels of mortgages in arrears, the healthier the market. In actuality, it’s the opposite. Low levels of defaults are a sign that […]