An elite group of US economists are declaring a recession with just one quarter worth of data. National Bureau of Economic Research (NBER), a private organization of top economists is the pseudo authority on the US business cycle. The organization has declared the US economy began a recession in February. This marks the end of […]
Time for your weekly cheat sheet on this week’s most important stories. Canadian Real Estate Canadian Real Estate Sales Make A Small Gain, Weighed Down By Vancouver Canadian real estate sale made a small climb this year. There were 47,755 sales according to CREA, up 0.30% from last year. The number is higher than the […]
Foreign buyers aren’t into US real estate these days. National Association of Realtors (NAR) numbers show a lot less foreign buyers in the year ending March. This is the second year volumes have declined, printing the fewest foreign buyers in at least a decade. US Real Estate Is Less Attractive To Foreign Buyers In 2019 […]
The Canadian government is a little worried how the person that sold you that mortgage presented it, and US real estate prices have finally recovered from the 2006 crash.
US real estate prices just passed their previous price peak, for the first time since the Great Recession. The S&P Case-Shiller Index shows January just printed an all-time high, for the first time since 2006. That may ring alarm bells for many markets, but this peak took over 75% longer to reach than last time. […]
Juwai is teaming up with JD.com to sling Australian, US, and Canadian real estate to Mainland Chinese buyers in just a few days.
IMF ranks Canadian real estate as “overvalued,” late mortgage payments are falling fast, and Toronto and Vancouver condo prices are soaring.
Foreign buying of residential real estate is surging across the United States, reaching over $153 billion in sales over the past year.
Don’t expect Mainland Chinese real estate investors to make it rain in 2017. At least, not to the extent they did last year.
Canada has twice the ratio of vacant homes the US did before the great recession, indicating Canadian real estate may be in hypersupply.