Better Dwelling - Canada’s Fastest Growing Real Estate News Source
WEBSep 19, 2024 — Toronto Real Estate Is Collapsing Much Faster Than Most Realize. September 19, 2024. Canada’s largest real estate market is turning into a headache for the country’s largest bank. Yesterday we mentioned RBC’s Greater Toronto Area (GTA) mortgage portfolio has seen serious mortgage delinquencies (90+ days) soar in Q3 2024.
About Better Dwelling - Better Dwelling
WEBBetter Dwelling is Canada’s largest independent housing news outlet, a distinction we’ve acquired in a very short time. We provide a balanced, data-driven perspective to help millennials understand complex issues surrounding housing — a topic that impacts all of us. Although we’re fairly young, our readership has grown quickly, proving ...
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WEBDouglas Todd: Vancouver still suffering fallout from ‘students’ buying mansions
Chinese Canadians Make More Than The General Population
WEBJun 21, 2017 — The gap tapers a little in the $40k – $60k per year bracket. 9% of Chinese-Canadians fit in this category, while 16% of all Canadians fit in this range. The $60k – $80k income bracket is the closest. 11.9% of Chinese-Canadians fit here, compared to 12.7% of the general population. Once again, all of these numbers add up to a pretty big gap.
Canada’s Economy Hits A New Record For Dependency On Real …
WEBSep 6, 2021 — The Canadian economy defied odds, and became more dependent on real estate investment. Statistics Canada (Stat Can) residential investment data shows a surge in current dollars for Q2 2021. The most recent quarter showed a massive climb — much bigger than GDP in general. This pushed residential investment’s share …
Canadians Present A Major Threat If They Realize They Won’t Own …
WEBMarch 14, 2024. Canada is facing a number of destabilizing forces—like climate change, disinformation, and young adults never owning a home. That’s the take from an internal RCMP report called the Whole-Of-Government Five-Year Trends For Canada. The report is a “scanning exercise” on evolving risks for law enforcement to monitor.
Home Builder Profit Margins Increased In Canada and The US …
WEBJun 7, 2022 — Breaking it down, both American and Canadian home builders have seen improvements. In the US, the average margin was healthy in 2019 (14.4%) but climbed in 2020 (14.6%) and in 2021 (14.9%). American home builders didn’t even break stride through the recession. Home builder profits in 🇨🇦 and 🇺🇸 are rising despite soaring material ...
Canadian Real Estate Equity Should Be Taxed, Suggests CMHC …
WEBCanadian real estate has been the ideal tax shelter, but that might change soon. Generation Squeeze, a Vancouver-led non-profit advocating for Millennials, released its Solutions Lab report. The CMHC-funded (but independent) study has four suggestions for improving housing affordability. Today we’re going to dive into its most controversial proposal stirring debate — a progressive tax […]
People Are Fleeing Ontario For A Better Quality of Life In Atlantic ...
WEBOntario and Alberta are where the bulk of Atlantic Canada’s gains came from, said the bank. Ontario reported a net loss of 11,857 people in Q2 2021, about 14x larger than the same quarter a year before. As stated last week, it was the largest net loss in the country. The second-biggest loser for interprovincial migration last quarter was Alberta.