Defaulting On Homes In Alberta May Be Smarter Than You Think
Alberta’s non-recourse mortgages mean many people can walk away from their mortgages with minimum consequences in the event of a crash.
Canadians Racked Up Twice The Mortgage Debt of Americans
Canadian mortgage debt demolished previous records this year, having risen to $1.03 trillion at chartered banks alone.
How Many Weeks of Pay Does a Millennial Need For A Downpayment?
Canadian real estate prices have soared so high, the average Millennial now needs to wait at least 10 years to save a downpayment.
Is BC Real Estate Crashing? Not Even Close According To BCREA
Is BC real estate cooling down? BC Real Estate Association (BCREA) released its first forecast since the foreign buyer tax was implemented, and they’re still predicting strong growth. While the accuracy of these industry forecasts can be a little bias, they’re predicting an increase in the rest of the province, which will offset any losses […]
