Foreign buyers are scooping up affordable Toronto and Vancouver real estate, and parliament warns higher interest rates will stagnate housing for at least 5 years.
Foreign buyer numbers for Toronto and Vancouver real estate might seem trivial, but they’re applying significant pressure to “affordable” housing in those cities.
Non-resident ownership of Canadian real estate is way higher than we thought, and China’s anti-speculation measures makes the Canadian government look like enablers.
China is dealing with some of the world’s most ruthless real estate speculators. Here are some lessons Canada should take away.
New data from Statistics Canada shows that new completions in Toronto and Vancouver are way more popular with non-resident buyers than most people think.
New data from Statistics Canada show billions of dollars of Vancouver residential real estate is being consumed by foreign buyers.
Consumer credit growth is starting to decelerate faster than anticipated, and that’s bad news for Canadian real estate.
Canadian real estate inventory is soaring in some of the country’s hottest markets, and CREA is anticipating sales will drop next year.
Canadian real estate looks a lot like the US market before the crash, now that new research disproves the subprime myth.
Canadian real estate prices are skyrocketing, along with household debt. Here is data from Ottawa, that doesn’t make it seem all that bad.
