Donald Trump is right about “Fake News”. There are fake news, and there are false stories. It’s time we seek alternative news. alternative views. Here are couple of “fake news”: – CMHC insurance volumes plunged 41% after mortgage rules tightened Canada’s housing agency saw a sharp decline in the number of home buyers who qualified for […]
CMHC sees no housing bubble whatsoever
There is no Housing Bubble, you hear that loud and clear? Image Source CMHC sees no 1980s style housing bubble in Toronto high-rise condo market Financial Post – Jul 19, 2016 Canada Mortgage and Housing Corp. sees very limited speculation in the condominium industry in Toronto among builders, a situation unlike the 1980s when the marketcrashed. […]
The Real Estate Gold Rush
Everyone has a crush for real estate these days … Even people traditionally has nothing to do with real estate, in fact, enemies of the brick and mortar business model – The Geeks: – Google and Facebook employees are flocking to a startup that’s … Image Source Tech Insider–Jun 23, 2016 But it wasn’t a traditional real estate […]
Real Estate Slowdown Already Started In Vancouver?
“London Bridge Is Falling Down”, sorry, it should be “Lions Gate Bridge Is Falling Down” because, The Lions Gate Bridge at dusk – Stanley Park to the left and North Vancouver to the right. Image Source Experts, investors see warning signs of real estate slowdown in Vancouver The Province – Jul 7, 2016 Still, there were already suggestions this spring […]
How will real estate market reacts to CMHC slowdown ?
Can CMHC actually slowdowns the real estate market by pedalling the brake a little harder ? Image Source I don’t see how will stopping insuring the developer have any impact … Well, Canada’s developers are all billionaires, aren’t they ? I predict they will swim .. they have the money and they have the connections. […]
CMHC to stop insuring mortgages on million-dollar homes
Canada Mortgage and Housing Corp. says it will no longer offer mortgage insurance for homes that cost $1 million or more, starting July 31, even if the buyer has made a deposit of 20 per cent or more. Image Source Million-dollar home in Vancouver Image Source CMHC no longer offering mortgage insurance for luxury homes […]