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 […]
Toronto real estate buyers scrambling to get in the market are increasingly taking out high-ratio mortgages, with far too little income.
New data from the Ministry of Finance shows that Toronto real estate has a bigger problem than foreign buyers, speculators from Toronto.
Here’s a look at interest rates, and how a 5% hike would impact Canadian real estate prices. Even though the BoC “thinks” they aren’t related.
North Korea has seen real estate prices increase at a rate similar to other hot global markets. Is Pyongyang also the next Manhattan?
In 2016, Metro Vancouver started 1 home for roughly every person that moved to the area that year. Here’s why that might be too much.
Scott Nazareth, one of Canada’s top mortgage brokers estimates 20% of Canadians are committing mortgage fraud to qualify for homeownership.
Those Chinese buyers that sent Vancouver real estate soaring are having a little trouble getting money out of China these days.
The Canadian economy’s job growth deserves a second look. Not only were most jobs created part-time, but almost half went to people aged 55+.
The glory days for Canadian real estate could be coming to an end, as China starts the year with surprising moves to control capital outflows.