Foreign Buyers or Domestic Greed? Over 121,000 Toronto Homeowners Own Multiple Homes In The City
New data from the Ministry of Finance shows that Toronto real estate has a bigger problem than foreign buyers, speculators from Toronto.
The Bank of Canada Is Full of S**t, Here’s How Interest Rates Impact Speculation
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.
Even North Korea Is Experiencing A Real Estate Bubble
North Korea has seen real estate prices increase at a rate similar to other hot global markets. Is Pyongyang also the next Manhattan?
Here’s Why Metro Vancouver Might Be Over Building By 50%
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.
1 In 5 Canadian Homeowners Commits Mortgage Fraud: Broker
Scott Nazareth, one of Canada’s top mortgage brokers estimates 20% of Canadians are committing mortgage fraud to qualify for homeownership.
China’s Capital Controls Could Crash Vancouver Real Estate
Those Chinese buyers that sent Vancouver real estate soaring are having a little trouble getting money out of China these days.
Canada’s Job Market Is Booming…If You’re 55 or Older
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+.
China Moves To Stop Its Capital Outflow, Real Estate Markets Should Be Worried
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.
Even Chinese Buyers Might Be Getting Screwed On Vancouver Real Estate
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: Vancouver Real Estate Expected To Lose $1,730 A Week In 2017
BCREA is already less than optimistic about Vancouver real estate. They expect falling prices in the city, as well as most of the province.
