Want to see how wacky Canada’s residential real estate markets have become? Check out the total value of all cities. Statistics Canada (StatsCan) just released the total value for all residential real estate in Canada… for 2015. Despite the “old” number, it’s still useful for making broad market observations. Especially when you realize the whole […]
Canadian mortgage debt is soaring, but how much of it is in Toronto and Vancouver? Nearly a third, according to Equifax and the CMHC, and it costs locals a buttload to service.
Time for your weekly cheat sheet on the most important real estate stories. Canadian Real Estate BoC: 8% Of Canadian Households Owe More Than 20% Of The $2.1 Trillion In Debt The Bank of Canada updated the public on household debt numbers, as well as gave some insights this week. The total balance of household […]
Canadians are getting cold on mortgage borrowing in 2018. Bank of Canada (BoC) numbers show the balance of outstanding mortgages hit a new high. Despite the high, don’t expect the same kind of growth we saw last year. The new high comes with a rapid taper on the growth rate, as higher interest rates and […]
Despite Toronto real estate prices hitting a road block, the price of a home across Canada has reached a record high.
The US Fed Thinks Canadian Real Estate Buyers Are “Exuberant,” and The CMHC Says Toronto and Vancouver Are Highly Vulnerable, Overvalued Markets
US Federal Reserve Bank indicators show Canadian real estate prices were still “overheating” in the fourth quarter of 2017, and buyer exuberance actually increased.
The Crown Corporation in charge of Government research on Canadian real estate says markets are cooling, but the country still remains highly vulnerable – especially in Toronto and Vancouver.
Canadian banks are reporting record low mortgages defaults. That’s often a misread sign of market health, but likely means we’re seeing real estate exuberance.
Time for your weekly cheat sheet on the most important real estate stories. Canadian Real Estate The Canadian Government Used “Fake News” To Drive Real Estate Borrowing… Seriously Turns out the Government of Canada has been sponsoring news on the down-low for years. Various departments have using News Canada to distribute stories, with no mention […]
