Lower condo sales and higher inventory should relieve some of the pricing pressure in Vancouver, right? Not according to numbers published by the Real Estate Board of Greater Vancouver.
Canadians are putting up their residential real estate to secure loans, at one of the fastest rates in history. Office of the Superintendent of Financial Institutions (OSFI) numbers show the balance of loans secured by real estate made a seasonal decline in January. The seasonal decline however, is at a much slower pace than previous […]
Canadian Real Estate Makes The Largest Drop Since 2008, and New York Gears Up For A Speculator Crackdown.
CREA, the organization that represents the Canadian real estate industry, just updated their forecast for 2018 – and it’s not pretty.
Teranet’s HPI shows Vancouver real estate printed an all-time high in February, but a deep dive into the data actually shows a huge monthly decline that’s being averaged out. Here’s what you need to know.
Canadian real estate has entered a down cycle, with price gains rapidly tapering and sales across the country falling the most since the Great Recession.
The central bank, for central banks, just flagged Canada for a financial crisis largely due to the country’s addiction to real estate fueled debt.
Canadian Real Estate Debt Is Now The Size of 76% of GDP, and “Corrupt African Leaders” Are Buying Homes In Canada
Mortgage debt on residential Canadian real estate is now more than a third of the size of Canada’s GDP. Here’s the reason that’s an issue.
French NGO, Sherpa, is alleging that millions of dollars in Canadian real estate bought by “corrupt African leaders” was obtained with questionable cash sources.