Top Stories

This Week’s Top Stories: Bank of Canada Worries About Deteriorating Mortgage Quality, As Rates Fall Below Inflation

Time for your cheat sheet on this week’s top stories.  Canadian Real Estate Canadian Mortgage Quality Has “Deteriorated”: Bank Of Canada Newly issued mortgage debt is going to highly indebted mortgage borrowers. These borrowers represent 21.7% of mortgages issued in Q4 2020, a new record high. It even dwarfed the previous record set in 2016, […]

Top Stories

This Week’s Top Stories: The Global Property Bubble Is Forecast To Pop, and Canada Is The Second Biggest Bubble

Time for your cheat sheet on this week’s most important stories.  Canadian Real Estate Global Property Bubble To Correct, Canada Is The Second Riskiest: Oxford Economics Global real estate prices are forming a bubble, and a big economics firm sees it popping soon. An Oxford Economics analysis shows global home prices are 10% above the […]

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How Low Interest Rates Sent Institutions Like Blackrock Into Bidding Wars For Homes

About 6 years ago, deep-pocketed investors and institutions gathered at the Megatrends conference. Blackrock CEO Laurance Fink told them something that seemed unconventional in 2015. The two greatest stores of wealth internationally today is [one] contemporary art…,” said the $6 trillion asset manager. “And two… apartments in Manhattan, apartments in Vancouver, [and apartments] in London.”  […]