Tag: Canadian Housing

Variable-rate mortgage holders are likely to feel the pinch first
— Read on ca.finance.yahoo.com/news/housing-mortgage-sectors-face-more-205605790.html

The only other Canadian city to appear on the bank’s Global Real Estate Bubble Index is Vancouver in sixth place with a score of 1.70, sandwiched between Hong Kong and Amsterdam.
— Read on ca.finance.yahoo.com/news/ubs-crowns-toronto-as-bubbliest-housing-market-in-the-world-155210650.html

(Bloomberg) — Canada’s national housing agency plans to revamp its forecasts to call for a drop of as much as 15% in home prices, as higher mortgage rates threaten to cause a protracted slump in real estate. Most Read from BloombergApple Ditches iPhone Production Increase After Demand FaltersMacKenzie Scott Files for Divorce From Science Teacher HusbandTrump Refuses to Delay Florida Deposition in Phone-Fraud Case Despite HurricaneVolatility Grips Stocks as Fed Remains Hawkish: Markets WrapThe U
— Read on ca.finance.yahoo.com/news/housing-agency-sees-canadian-real-185841261.html

The challenge for the Bank of Canada is to determine when to ease off before the economy, not just housing markets, starts to shrink
— Read on ca.finance.yahoo.com/news/more-risk-canadas-housing-downturn-181227903.html

Chronic housing shortages in large urban centres have resulted in ‘mini boom and bust cycles’
— Read on ca.finance.yahoo.com/news/housing-inventory-may-reach-crisis-204943453.html