A curated list of recent headlines relevant to real estate in Canada or locally, with short excerpts. Click each headline link to read the full article on the source site.
[ Canada’s housing market split into ‘two geographies’ ]
"Prices overall in Canada are down amid rising supply and falling demand, but a new report has posited the nation’s real estate picture is actually split in two. The most recent Housing Market Monitor report from National Bank of Canada Capital Markets noted that British Columbia, Ontario and even Alberta represent one half of the market in Canada."
[ Greater Toronto home sales, prices slide in January with more weakness ahead: TRREB ]
"Greater Toronto Area home sales and price weakness is likely to persist for at least the first half of the year, the region’s real estate board said Wednesday. "
[ Douglas Todd: 10 ways to take advantage of Canada’s housing 'correction' ]
"Opinion: What is happening now in urban Canadian housing is an opportunity — for would-be buyers, as well as governments. We can restrict towers, retain existing rentals and more"
[ Bank of Canada Explains Toronto Condos, Describes A Ponzi Scheme ]
"Canada’s largest real estate market runs on speculation, not housing demand. That’s the core message from the Bank of Canada’s (BoC) latest report, outlining the mechanics of a Ponzi scheme, without dropping the P-bomb. They warn that falling investor returns, driven by higher interest rates, now threaten builder models, suggesting these homes aren’t viable as homes—only as financial instruments. "

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