Canadian real estate price spiked in 2017, and a lot of homeowners have already spent that equity. Canada Housing and Mortgage Corporation (CMHC) numbers show a huge number of people are taking out multiple mortgages on their homes. The trend now represents over 1 in 10 mortgages issued in the country, and nearly half are […]
The Greater Vancouver condo market is quickly changing. Real Estate Board of Greater Vancouver (REBGV) numbers show July saw inventory surge. The rise in inventory was met with big declines in sales, releasing a lot of the pressure for prices to rise. Vancouver Condo Prices Fall For A Second Month The price of a typical […]
Canadian real estate prices have never been more expensive, but the rapid deceleration of gains to 2009 levels means that might change soon.
Canadian real estate buyers are facing the highest cost of borrowing since 2011, and that’s going to cool credit demand even further.
Time for your weekly cheat sheet on this week’s most important stories. Canadian Real Estate The Average Mortgage And HELOC Payment Is Soaring In Toronto And Vancouver Canadians are facing higher payments on mortgages and HELOCs, especially in Vancouver and Toronto. The average monthly mortgage payment in Vancouver reached $1,794 in Q1 2018, up 6.5% […]
Canada’s national housing agency crunched the numbers on the average debt payments, and they’re soaring in Toronto, Vancouver, and Montreal.
Delinquencies on Toronto and Vancouver real estate have stalled, while they continue to decline in Montreal.
Greater Vancouver detached real estate printed its first negative annual negative price movement in almost 5 years.
Vancouver real estate just had the worst July for sales in nearly two decades, sending price growth tumbling down to 2015 levels.
Canadians rapidly turned to larger mortgages last year, according to new data from the Canada Housing and Mortgage Coproration.
