Despite higher mortgages and sharply correcting prices, some cities’ property markets are still in bubble-risk territory.
— Read on www.visualcapitalist.com/mapped-which-cities-have-bubble-risk-in-their-property-markets/
Tag: Housing
David Rosenberg: Canada’s housing bubble has finally popped — don’t underestimate the impact
Another 25% decline in home prices would strip $1 trillion off Canadians’ wealth
— Read on ca.finance.yahoo.com/news/david-rosenberg-canadas-housing-bubble-184347689.html
Ontario millennials must save for 20+ years for down payment: report | CTV News
A new report shows house prices need to drop by more than $500,000 for millennials to be able to afford a home in Ontario.
— Read on toronto.ctvnews.ca/ontario-millennials-need-to-save-for-over-20-years-for-down-payment-on-a-home-report-1.6179803
Toronto picked as UBS’s bubbliest housing market as prices drop – BNN Bloomberg
Toronto picked as UBS’s bubbliest housing market as prices drop – BNN Bloomberg
— Read on www.bnnbloomberg.ca/toronto-picked-as-ubs-s-bubbliest-housing-market-as-prices-drop-1.1831547
Homebuyers are backing out of more deals as recession fears linger
Homebuilder cancellation rates have more than doubled since April, according to surveys by John Burns Real Estate Consulting.
— Read on www.cnbc.com/2022/08/16/homebuyers-are-backing-out-of-more-deals-as-recession-fears-linger.html
Housing correction gaining pace, to continue next year: Desjardins – BNN Bloomberg
Housing correction gaining pace, to continue next year: Desjardins – BNN Bloomberg
— Read on www.bnnbloomberg.ca/housing-correction-gaining-pace-to-continue-next-year-desjardins-1.1804436
‘Ugly’ housing affordability wallops top Canadian markets: RBC – BNN Bloomberg
‘Ugly’ housing affordability wallops top Canadian markets: RBC – BNN Bloomberg
— Read on www.bnnbloomberg.ca/ugly-housing-affordability-wallops-top-canadian-markets-rbc-1.1782890
World’s bubbliest housing markets are flashing warning signs – BNN Bloomberg
World’s bubbliest housing markets are flashing warning signs – BNN Bloomberg
— Read on www.bnnbloomberg.ca/world-s-bubbliest-housing-markets-are-flashing-warning-signs-1.1782289
Housing wealth gains record $1.2 trillion, but signs suggest market is cooling
Two years of rapidly rising home prices have pushed the nation’s collective home equity to new highs.
— Read on www.cnbc.com/2022/06/06/housing-wealth-sets-unprecedented-gain-but-signs-suggest-market-is-cooling.html
Housing wealth gains record $1.2 trillion, but signs suggest market is cooling
Two years of rapidly rising home prices have pushed the nation’s collective home equity to new highs.
— Read on www.cnbc.com/2022/06/06/housing-wealth-sets-unprecedented-gain-but-signs-suggest-market-is-cooling.html