Foreign Buyers Made Me Do It: Canada Reflects Back on its Housing Bubble by Stephen Punwasi • Jun 27, 2018 • 45 Comments A massive survey of recent homebuyers reveals all.
Canada Has a Subprime Real Estate Problem, You just Don’t Know It by Stephen Punwasi • Jun 15, 2018 • 57 Comments Subprime goes to the Toronto condo market.
Shadow Banks, No-Down-Payment Subprime Mortgages in Canada’s House Price Bubble by Angela Johnson • Oct 18, 2016 • 65 Comments “I don’t believe we are going to have a major, major collapse in housing.”
There’s No Plateau in a Housing Bubble, Not Even in Canada by Wolf Richter • Oct 13, 2016 • 62 Comments Vancouver in turmoil, Toronto spikes.
Fear Spreads of a Housing Crash in Canada by Wolf Richter • Aug 29, 2016 • 73 Comments More Canadians sour on their Magnificent Housing Bubble.
Teardowns and Shadow-Flipping: Living Inside the Insane Vancouver Housing Bubble by Angela Johnson • Jul 5, 2016 • 28 Comments The benchmark price for homes in Metro Vancouver soared 32% in June!
Desperate Chinese Investors Flood US, Canadian Housing Markets, But Real Numbers Are Taboo by Wolf Richter • Mar 24, 2016 • 56 Comments In Vancouver, 33% of sales are to Chinese investors (National Bank)
Bank of Canada Crushes Loonie, Created Mother of All Shorts by Wolf Richter • Dec 12, 2015 • 52 Comments All-out currency war. Clear winners: rich Chinese who buy homes in Canada.
The Time Bomb under Canada’s Economy: Soaring Household Debt, and Suddenly Delinquencies! by Wolf Richter • Sep 16, 2015 • 19 Comments “Fortunately, there’s little need to fret about households’ ability to carry all that debt.”
It Gets Ugly in Canada by Wolf Richter • Aug 3, 2015 • 12 Comments At first, there was hope that only the oil patch would get hit.