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.
China’s largest international real estate buyer has a problem, and the Canadian government thinks household debt will accelerate.
US real estate firm CoreLogic has observed that as mortgage rates climb, credit ratings have started to slide across America.
The New York City area is seeing low rent units disappear, and high rent units replace them at a rapid rate.