Top Stories

This Week’s Top Stories: Canada’s Money Supply Is Slowing In Growth, and Homeowners Take Out Another $1B In Equity

Time for your weekly cheat sheet on this week’s top real estate stories. Canadian Real Estate Canadians Borrowed Another Billion Against Their Homes Over A 31 Day Period Canadians are increasingly tapping their home equity for short-term loans. Total HELOC balances reached $284.64 billion in outstanding debt. That means Canadians racked up an extra $994 […]

Top Stories

This Week’s Top Stories: Millennials Are Leaving Toronto and Vancouver, and Homeowners There Have Billions Worth of HELOC Debt

Time for your cheat sheet on the most important real estate stories this week. Canadian Real Estate Canadians Have $201 Billion In HELOC Debt, And Over 30% Is In Toronto And Vancouver Canadians are rapidly borrowing against the values in their home. The outstanding balance of Home equity line of credits (HELOCs) across Canada is […]