Morneau’s Mortgage Rules Target Millennials More Than Foreign Buyers
The Liberal Government led with foreign buyer news, but actually targeted Millennials and first time buyers with new mortgage changes.
Consumer Debt Exceeds The GDP In These 4 Massive Economies
Consumer debt levels in Canada, the UK, Australia, and New Zealand have surpassed the economic output of each of these countries.
Commonwealth Real Estate Bubble Sends Debts To Dizzying Heights
Canada, Australia, New Zealand, and the UK are seeing households borrow record levels of debt to keep up with local real estate prices.
Foreign Buying To Accelerate If China’s Stock Market Crashes: Juwai
Chinese buyers will seek Canadian real estate in the event of further stock market volatility in China, says a survey from Juwai.com
Luxury Real Estate In Toronto Selling For A Loss At Sotheby’s
Two major sales in Toronto real estate may have sold below cost. These may be the first signs of luxury buyer exhaustion.
Canada’s Household Debt Is Now Greater Than The Country’s Output
Consumer debt liabilities exceeded Canada’s GDP for the first time last quarter, threatening not just the housing market but the economy.
Canada Fails To Commit To New Anti-Corruption Measures, Real Estate Soars
Fraud is a major factor in soaring Canadian real estate prices, and a new report shows our Government isn’t interested in stopping it.
Toronto Condo Demand Outpaces Vancouver Real Estate Peak
Toronto real estate was scorching in August, with the condo market being no exception. The average price is now $417,869
Toronto Real Estate Market Was Scorching Hot In August
While not as hot as Vancouver, Toronto’s real estate market is still scorching – with more demand and less available inventory.
China’s Largest Overseas Real Estate Firm Sees A Surge In Vancouver
After the foreign buyer tax, inquiries for properties under a million dollars soared at Juwai – China’s largest overseas real estate portal.
