Bank of Canada: 8% of Canadian Households Owe More Than 20% of the $2.1 Trillion in Debt by Daniel Wong • May 5, 2018 • 49 Comments These Canadians are in a “highly vulnerable” position.
Toronto’s Splendid Housing Bubble Turns to Bust by Wolf Richter • May 3, 2018 • 70 Comments Market freezes up at the top. Average price of detached house plunges C$175,000 in 12 months.
Congrats! Canadians Just Set a New Record for Borrowing Against their Homes by Daniel Wong • Apr 19, 2018 • 25 Comments Canadians’ personal debt against their homes tapering? That would be ridiculous!
Canada Home Prices Fall from Year Ago for First Time since 2009 by Steve Saretsky • Apr 18, 2018 • 26 Comments The magnificent house price bubble wheezes.
Government of Canada Just Pointed Out Mortgage Market Might Be a Cesspool by Stephen Punwasi • Apr 10, 2018 • 16 Comments Big Six Banks’ out-of-control “Mobile Mortgage Specialists” on commission.
Toronto’s Epic Housing Bubble Turns to Bust by Wolf Richter • Apr 4, 2018 • 56 Comments Prices of detached houses plunge C$207,000 in 12 months as sales collapse.
Home Prices Sink, Sales Plunge in Toronto by Wolf Richter • Mar 6, 2018 • 51 Comments Homeowners who bought a year ago are down C$110,000 on average.
Rate Squeeze in Vancouver & Toronto Housing Bubbles by Steve Saretsky • Jan 22, 2018 • 48 Comments Variable-rate mortgages, the HELOC phenomenon, and new stress tests meet higher rates.
Does the US Still Need to Rely on China to Buy Treasuries? by Wolf Richter • Jan 19, 2018 • 62 Comments Or will China’s waning appetite for US Treasuries cause a disruption in the Treasury market?
Bank of Canada’s Poloz Is Right to Be Worried by Contributor • Dec 17, 2017 • 58 Comments Three possibilities come to mind.
