Canadian real estate sales see the slowest April since 2009, with Toronto and Vancouver leading the declines.
Canadian Residential Real Estate Is Worth Over $4.8 Trillion, Doubling In 10 Years
Want to see how wacky Canada’s residential real estate markets have become? Check out the total value of all cities. Statistics Canada (StatsCan) just released the total value for all residential real estate in Canada… for 2015. Despite the “old” number, it’s still useful for making broad market observations. Especially when you realize the whole […]
Toronto Real Estate’s Newest Lie: Rent Controls Force Landlords To Lose Money
The Toronto real estate scene appears to be grossly misinformed when it comes to rent controls. Since Ontario announced the Fair Housing Plan, real estate agents, developers, and even politicians have said the province is attacking landlords. You’ve probably heard someone on the news, or even a friend, discuss how the “unfair” the new Rental […]
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.
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 […]
Toronto Real Estate Board Finds 2% of City’s Homeowners Have Vacant Homes
The Toronto Real Estate Board conducted its annual survey, and hidden in the pile of results was how effective a vacant home tax would be at creating inventory for the city.
Watch Toronto real estate heat up and cool down over the past year
Toronto real estate went from booming to excess in just a few short months over the past year. Here’s what it looked like.
Canadian Real Estate Prices See Largest Single Month Decline Since 2008
Canadian real estate prices take the largest nose dive in years according to numbers released by the Canadian Real Estate Association.
Canadian Real Estate Prices Will Drop, Or Rents Will Soar Show OECD Numbers
The OECD House Price-To-Rent index shows a parabolic rise for Canada, which means home prices have never been this far detached from reality.
Foreign Buyers Made 4.7% of Toronto Area Real Estate Purchases
Foreign buyers accounted for 4.7% of Toronto area real estate purchases. This includes people eligible for the foreign buyer tax rebate.