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.
Canada Home Values Hit “First Quarterly Decline since Q1 2009” as Household Debt Binge Hits New High by Wolf Richter • Dec 14, 2017 • 39 Comments How exposed are over-indebted household to rising interest rates?
Canadian Homeowners Take Out HELOCs to Fund Subprime Buyers Unable to get a Mortgage by Steve Saretsky • Dec 13, 2017 • 48 Comments The Canadian Housing & Debt Bubble ascends to the next level of risk.
Whose Private-Sector Debt Will Implode Next: US, Canada, China, Eurozone, Japan? by Wolf Richter • Nov 22, 2017 • 121 Comments Canadians, fasten your seat-belt. Here are the charts.
The Most Unaffordable Housing Markets in North America by Wolf Richter • Oct 26, 2017 • 84 Comments There are a lot of them. It’s called “crisis” for a reason.
It’s Over for Sears Canada by Wolf Richter • Oct 10, 2017 • 70 Comments Liquidate, close all stores, lay off 12,000 people. Brick & mortar meltdown.
Update on the Deflating Housing Bubble in Toronto by Wolf Richter • Oct 5, 2017 • 73 Comments Missing Chinese money? Hardest hit is the priciest segment.