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Canadian Reverse Mortgage Debt Is Up Over 28%
Screw HELOCs. Canadian homeowners in their golden years have a new favorite way to use their home like an ATM. Office of the ...
This Week’s Top Stories: Canadian Real Estate Price Growth Dwarfs US Cities, and HELOC Debt Hits A Milestone
Canadian real estate prices made such a large move since 2000, the growth dwarfs even the frothiest of US cities. Toronto, ...
Canadian Real Estate Price Growth Looks Absurd When Compared To Bubbly US Cities
Canadian real estate prices have been distorted by a massive overextension of credit. Just how bad has it become? The view is ...
Canadian HELOC Debt Pushes Past The $300 Billion Mark For The First-Time
Canadian real estate owners reached a new debt milestone. Office of the Superintendent of Financial Institutions (OSFI) ...
Canadian Real Estate Price Gains Decelerate, Vancouver Losses Get Larger
Canadian real estate prices broke a seven month losing streak last month. Teranet–National Bank of Canada House Price Index ...
This Week’s Top Stories: Vancouver Real Estate Falls From Top Spot, and Canadian Credit Delinquencies Soar
The price of a typical home across Canada is getting cheaper for the first time in years. The benchmark price across the ...
Vancouver Detached Real Estate Is Now Cheaper Than It Was 3 Years Ago
The Greater Vancouver detached real estate scene is looking worse. Real Estate Board of Greater Vancouver (REBGV) numbers ...
Canadian Real Estate Sales Make Largest Increase In 2 Years, Still Below Normal
Most of the increase in growth came from Quebec, Toronto, and the Prairies. Quebec City reported 864 sales in May, up 19.17% ...
Equifax: Canadian Credit Delinquencies Are Spiking, Seniors See Largest Increase
Consumer delinquencies are climbing quickly in Canada’s most expensive cities. The rate of delinquency in Toronto reached ...
Canadian Mortgage Payments Top $91 Billion, Over Half Goes To Interest
Households are paying record amounts on mortgages, but less is going to principal. The amount that went towards principal ...
This Week’s Top Stories: Canada Is Crowned The King of Unaffordable Real Estate, and New Condo Prices Hiccup In Toronto
Canadian real estate prices are the least affordable of advanced economies. Canada’s house price to income ratio reached ...
Vancouver Real Estate Prices Drop Almost $100k In Value In Less Than A Year
Greater Vancouver real estate inventory is rising to a multi-year high – not just for the month. REBGV reported 14,685 active ...