Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian “Systemic Risk” Due To CLP Mortgages Is Bigger Than You Think OSFI, the country’s bank regulator, has mentioned combined loan plans (CLPs) are a systemic risk. Mainstream discussion of the issue was largely void though, as it was unclear how big […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Bank of Canada Is Pushing A False Real Estate Narrative To Divert Blame: BMO Last week, the Bank of Canada (BoC) claimed the country has a long-standing housing supply issue. This ticked off a number of experts that have been following this […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Unemployment Rises, Immigrants Sold On Non-Existent Opportunities The latest data for Canadian employment was better than expected—but analysts weren’t expecting good news. The economy added 22k jobs in November, which would be good news had the economy not added even more […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Housing Resembles A Return To Victorian-Era Inheritance Culture: Stat Can Canada is quickly reverting back to a Victorian-era style inheritance culture. That was the suggestion from the country’s national statistics agency, when exploring the role of parental wealth on the homeownership […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Real Estate Prices Slip Further As Sellers Suddenly Surge Canadian real estate markets continue to soften, with few signs of a break. The benchmark (typical) home price slipped lower in October, and is 14.6% below the March 2022 record high. Slow […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Bank of Canada Can Diverge From The Fed, But We Doubt It: BMO Canada’s monetary policy typically follows the US, but it may no longer be able to keep up. The US economy continues to show strong growth, potentially requiring even […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Unemployment Weakness Might Be Overstated Canada’s labor market is weakening, but the weakness may be greatly overstated. Experts argue that post-recession, seasonal consumption patterns change in a way that is hard to measure until after the fact. As a result, even […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canada Still Hasn’t Seen The Full Impact of BoC Rate Hikes: National Bank The impact of the Bank of Canada (BoC) rate hikes have yet to be fully felt. That was the take from National Bank, one of Canada’s Big Six banks. […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Most of Canada’s New Condos Are (Still) Investor Owned: Stat Can Statistics Canada’s Canadian Housing Statistics Program (CHSP) released data showing most new condos are investor owned. The organization stated the data is increasingly important amidst public discussion about affordability. Ownership concentration […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Real Estate Supply Surges, Banks See Lower Prices Ahead Canada’s big banks are adjusting their home price expectations even lower, after a sudden inventory jump. For a sixth consecutive month, new listings of existing homes for sale climbed. Supplies now sit […]
