Vancouver Condo Listings Rise Over 52%, Prices Still Print New All-Time High
Vancouver real estate is cooling, but not in the condo segment. Prices just printed an all-time high, even though inventory grew faster than sales.
Loans Against Canadian Real Estate Rocket To A New High
Canadians are using rapidly borrowing against their real estate windfall, sending the total levels of debt secured by home equity to a record high.
Small Rate Hike, Big Impact On Canadian Real Estate Buyers
Canadian real estate buyers are getting hit with another hurdle to buying, higher interest rates. Here’s how the BoC’s small hike makes it harder and more expensive to buyers.
This Week’s Top Stories: Toronto Detached Real Estate Listings Rise Over 270%, and Why Employment Isn’t So Hot
Toronto’s detached real estate listings are still on the rise, and you shouldn’t be so confident in the Canadian employment data you heard.
Canadian Interest Rates Were Raised On Junk Employment Data
Canadian real estate prices are closely related to employment and interest rates. Here’s why we might be looking at employment numbers wrong, and how that may have contributed to a premature rise in interest rates.
Here’s Canada’s Hottest (and Coldest) Major Real Estate Markets
Canadian real estate had a roller coaster of a year in 2017. Here’s which markets did better (and which ones did worse), than the year before.
Teranet: Montreal and Toronto Real Estate Prices Drop, Vancouver Soars
Montreal and Toronto real estate prices decline, but Vancouver rises so much it brings the whole Teranet index into positive territory.
This Week’s Top Stories: Over 81,000 Canadian Real Estate Buyers Would Have Failed Stress Testing, and Toronto is Low On Density, High on Prices
Over 81,000 Canadian real estate buyers would have failed stress testing, and Canada’s most expensive cities are low on density, high on prices.
Canadians Are Going To See A Huge Reduction of Borrowing Power… On Top of Stress Tests
Canadian real estate buyers, already hammered by the new OSFI mortgage stress test, are going to see their borrowing power reduced even further as rates climb.
Toronto and Vancouver Real Estate Rank Low For Density, High For Prices
Canadian real estate prices have been climbing, in cities with perceived housing shortages. The belief that there isn’t enough land to accomodate more people, shot prices higher in Toronto and Vancouver. This week, the Fraser Institute poured some cold water on that narrative, showing that Canadian cities have a long way to go in terms […]
