This Week’s Top Stories: Canadian Real Estate Makes The Largest Drop Since 2008, and New York Gears Up For A Speculator Crackdown
Canadian Real Estate Makes The Largest Drop Since 2008, and New York Gears Up For A Speculator Crackdown.
CREA Now Expects Real Estate Prices and Sales To Fall Across Canada In 2018
CREA, the organization that represents the Canadian real estate industry, just updated their forecast for 2018 – and it’s not pretty.
Teranet: Toronto Real Estate Prices Continue Declines, Lowest Rate of Growth Since 2014
Toronto real estate prices continued its rollercoaster pattern. The Teranet–National Bank of Canada (NBC) HPI shows prices declining in February. The decline comes just one month after breaking a down pattern in January. Even though the city’s price growth is still very high, it’s at the lowest level in over 3 years. About The Teranet-National […]
Canadian Real Estate Sales Have Dropped The Most Since The Great Recession
Canadian real estate has entered a down cycle, with price gains rapidly tapering and sales across the country falling the most since the Great Recession.
Toronto Detached Real Estate Sales Drop Over 41%, Inventory Doubles
Toronto detached real estate is seeing demand decline, almost as quickly as it rose last year. Toronto Real Estate Board (TREB) numbers for February show prices are falling. The price movement is expected, as higher inventory levels meet declining sales. Benchmark Prices Vary From A 9% Gain, To Declines Over 10% The prices of a […]
The BIS Just Flagged Canada For A Financial Crisis Because of Real Estate and Debt
The central bank, for central banks, just flagged Canada for a financial crisis largely due to the country’s addiction to real estate fueled debt.
This Week’s Top Stories: Canadian Real Estate Debt Is Now The Size of 76% of GDP, and “Corrupt African Leaders” Are Buying Homes In Canada
Canadian Real Estate Debt Is Now The Size of 76% of GDP, and “Corrupt African Leaders” Are Buying Homes In Canada
Canadian Real Estate Debt Passed 76% of GDP, Here’s The New Problem We Have
Mortgage debt on residential Canadian real estate is now more than a third of the size of Canada’s GDP. Here’s the reason that’s an issue.
There’s A S**t Ton of Canadian Real Estate Owned By “Corrupt African Leaders”
French NGO, Sherpa, is alleging that millions of dollars in Canadian real estate bought by “corrupt African leaders” was obtained with questionable cash sources.
Canadian Real Estate Just Saw Mortgage Credit Fall For The First Time Since 2011
Canadian household debt saw the largest reduction since 2011, which sounds great – but presents a big problem for real estate.
