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.”
Canada’s Oil Patch Goes Into Convulsions, Business Confidence Plunges to Financial Crisis Lows by Wolf Richter • Jun 26, 2015 • 5 Comments Worry of “full-fledged contagion to the rest of the country.”
