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.
Turns out if you’re a foreign buyer looking for Vancouver real estate, you might end up paying a premium…before the foreign buyer tax.
BCREA is already less than optimistic about Vancouver real estate. They expect falling prices in the city, as well as most of the province.