Mortgage Defaults Don't Indicate A Real Estate Bubble, A Lack of Defaults Do
To explain this trend, we'll look at Toronto real estate. The 1989 peak of Toronto's last bubble saw an average sale price of $273,698. One year later, prices declined by 6.82% to hit $255,020. That was the year Canadian banks decided to start ...
Canada is the fastest growing advanced economy in the world, reveals survey
Canada is now the fastest growing advanced economy in the world, reveals a survey conducted by Royal lePage. According to the Royal LePage House Price Survey released earlier this month, the growth is largely due to strong housing markets and rising ...
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