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This Week’s Top Stories: Stress Testing Canadian Real Estate Buyers Is A Win For The Banks, and Toronto Inventory Is Up 110%

This Week’s Top Stories - Stress Testing Canadian Real Estate Buyers Is A Win For The Banks, and Toronto Inventory Is Up 110%
December 10, 2017

Stress testing Canadian real estate buyers could lead to less favorable terms for renewals, and Toronto inventory is up 110%.

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Canada

Don’t Fool Yourself, Canadian Banks Are The Real Winners By Stress Testing Mortgages

Don’t Fool Yourself, Canadian Banks Are The Real Winners By Stress Testing Mortgages
December 7, 2017

The Canadian real estate market is freaking out about what stress testing means for new buyers, but what does it mean for existing homeowners?

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Canada

New Mortgage Stress Test Projected To Remove 50,000 Canadian Real Estate Buyers

New Mortgage Stress Test Projected To Remove 50,000 Canadian Real Estate Buyers
December 6, 2017

The mortgage industry says Canadian real estate buyers are going to have to lower expectations on what they can afford starting next month.

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Canada

Uninsured Mortgages On Canadian Real Estate Jump 17%

Uninsured Mortgages On Canadian Real Estate Jump 17%
December 4, 2017

The Big Six banks are seeing explosive growth in the uninsured mortgage sector, ahead of stress tests to cool Canadian real estate demand.

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Canada

So… Are We Talking About These Canadian Cities Where Multiple Mortgages Are Rising?

So… Are We Talking About These Canadian Cities Where Multiple Mortgages Are Rising?
November 30, 2017

Multiple mortgages are on the rise across Canadian cities, especially in the country’s hottest markets like Toronto, and Vancouver.

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Canada

Bank of Canada: Half of Canadian Real Estate Mortgages Will Renew By Next Year

Bank of Canada - Half of Canadian Real Estate Mortgages Will Renew By Next Year
November 29, 2017

Bank of Canada is now warning that Canadian real estate mortgages might be a huge risk, here’s what they said.

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Canada

Canadian Real Estate Is Pricey, Here’s How Much You Have To Earn To Buy A Home

Canadian Real Estate Is Pricey, Here’s How Much You Have To Earn To Buy A Home
November 28, 2017

Vancouver and Toronto real estate is well out of reach for the median family buying today, but how does the rest of the country compare?

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Canada

Vancouver and Toronto Real Estate Owners Would Be Slaughtered If Rates Rise Just 1%

Vancouver and Toronto Real Estate Owners Would Be Slaughtered If Rates Rise Just 1%
November 23, 2017

Vancouver and Toronto real estate owners are in for trouble if mortgage rates rise an additional 100bps, according to one of the Big Six banks.

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Canada

Is Canadian Real Estate The Least Affordable It’s Ever Been? Nope

Is Canadian Real Estate The Least Affordable It’s Ever Been? Nope
November 20, 2017

Canadian real estate is getting pricey, but how does it compare to historical levels of affordability? Here’s the numbers.

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Canada

Big Six Bank: Canadian Real Estate Affordability Worsens For The Longest Run In Decades

Big Six Bank - Canadian Real Estate Affordability Worsens For The Longest Run In Decades
November 14, 2017

It now takes up to 30 years to save a downpayment for Canadian real estate, and National Bank of Canada is sounding the alarm.

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