Canadian Real Estate Sales Have Dropped The Most Since The Great Recession
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.
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.
Canadian household debt saw the largest reduction since 2011, which sounds great – but presents a big problem for real estate.
We know you’re busy. So here’s a cheat sheet on the week’s most important real estate stories. You’re welcome. Canadian Real Estate Canada Didn’t Skip The Great Recession, We Delayed It. Here’s The Chart Recessions sound bad, but they serve a useful purpose. They’re a part of the natural business cycle, killing misallocations of both […]
Canadians didn’t experience the Great Recession, not to the extent that the rest of the world did. Sure, we logged a few quarters of Gross Domestic Product (GDP) declines, but there aren’t all that many heartbreaking stories of loss in Canada. This is often credited to the shrewd moves the Bank of Canada made. Rather […]
National Bank of Canada is the first of the Big Six to anticipate lower prices for Toronto and Vancouver real estate.
Canadian real estate prices are booming, but late mortgage payments are falling rapidly. It probably doesn’t mean what you think it does.