Average Canadians Can’t Borrow Enough For Average Homes As of Today
Canada’s new mortgage rules go into effect today. Here’s how they might make housing even less affordable, while bringing prices down.
Canada’s new mortgage rules go into effect today. Here’s how they might make housing even less affordable, while bringing prices down.
Turns out there’s 33 million people that don’t live in Toronto or Vancouver that compose the rest of the Canadian real estate market.
Vancouver real estate takes another hit, with condos dropping 0.5% since August. Still not a deal, but it’s getting interesting.
Canadian real estate agents selling property in China failed to correctly answer facts about the country that Canadian children could answer.
Demand for Vancouver real estate dropped to February 2015 levels, which weren’t exactly ice cold but is a big change from recent months.
The Liberal Government led with foreign buyer news, but actually targeted Millennials and first time buyers with new mortgage changes.
Canada, Australia, New Zealand, and the UK are seeing households borrow record levels of debt to keep up with local real estate prices.
Vancouver real estate prices are quickly soaring, and NDP housing critic David Eby believes the current government is to blame.
Chinese buyers will seek Canadian real estate in the event of further stock market volatility in China, says a survey from Juwai.com
Consumer debt liabilities exceeded Canada’s GDP for the first time last quarter, threatening not just the housing market but the economy.