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.
Declining Loonie Could Boost Canadian Real Estate Prices Further
Canadian real estate prices could move higher, as analysts are starting to call a further decline for the loonie.
Defaulting On Homes In Alberta May Be Smarter Than You Think
Alberta’s non-recourse mortgages mean many people can walk away from their mortgages with minimum consequences in the event of a crash.
Canadians Racked Up Twice The Mortgage Debt of Americans
Canadian mortgage debt demolished previous records this year, having risen to $1.03 trillion at chartered banks alone.
How Many Weeks of Pay Does a Millennial Need For A Downpayment?
Canadian real estate prices have soared so high, the average Millennial now needs to wait at least 10 years to save a downpayment.
