Sorry Vancouver, But Toronto Is The King of Risky Mortgage Debt
Soaring real estate prices are inspiring Canadians across the country to jump into homeownership, even if they can’t afford it.
Soaring real estate prices are inspiring Canadians across the country to jump into homeownership, even if they can’t afford it.
Toronto real estate buyers scrambling to get in the market are increasingly taking out high-ratio mortgages, with far too little income.
Toronto condos saw prices rise over 23% in March. The increased prices come with increased sales, and weaker inventory than last year.
A summary of the most important Canadian real estate stories: Canada’s reliance on debt, Toronto speculators, and Vancouver renters.
New data from the Ministry of Finance shows that Toronto real estate has a bigger problem than foreign buyers, speculators from Toronto.
Toronto real estate saw a sharp increase of new detached homes listed in March, setting a new single month record.
We summarize this week’s smartest insights, including Asia’s speculation problems, Vancouver’s buying pools, and Toronto real estate prices.
Toronto real estate and rents are related, but how exactly? Here’s a brief intro to how rents have historically moved with home prices.
Toronto real estate prices all neighborhoods rise a minimum of 11% from last year in March. Average sale prices have gone parabolic.
Will Toronto real estate see an influx of buyers in the future? Let’s take a look at the government’s population projections and see.