Foreign buyers are scooping up affordable Toronto and Vancouver real estate, and parliament warns higher interest rates will stagnate housing for at least 5 years.
Toronto real estate is still cooling down from the great panic buying of early 2017, and the condo market is no exception.
Foreign buyer numbers for Toronto and Vancouver real estate might seem trivial, but they’re applying significant pressure to “affordable” housing in those cities.
Non-resident ownership of Canadian real estate is way higher than we thought, and China’s anti-speculation measures makes the Canadian government look like enablers.
China is dealing with some of the world’s most ruthless real estate speculators. Here are some lessons Canada should take away.
New data from Statistics Canada shows that new completions in Toronto and Vancouver are way more popular with non-resident buyers than most people think.
Foreign buyers have been scooping up Toronto real estate, and the numbers are nothing short of mind boggling.
Consumer credit growth is starting to decelerate faster than anticipated, and that’s bad news for Canadian real estate.
Canadian real estate inventory is soaring in some of the country’s hottest markets, and CREA is anticipating sales will drop next year.
Canadian real estate has more in common with the US bubble than we thought, and why Ottawa doesn’t care about your high debt levels.