OSB: National insolvency levels plunge to 23-year low
Amid sustained federal fiscal support during the COVID-19 pandemic, Canada’s insolvency incidence fell to the lowest level since 1997. In August, this reading fell by 2.4% monthly and 42% annually to end up…
UBS: Toronto is planet’s third most at-risk real estate market
For the third straight year, Toronto is among the global cities most at risk of a residential real estate bubble, according to a new report by UBS. In the latest edition of…
Is Vancouver’s condo market facing a downturn?
The Vancouver condo sector might become a buyers’ market soon amid steadily growing inventory and sustained price declines, according to CBC analyst Mark Ting. The market’s average home sales price saw its…