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Investor Role in Vancouver and Toronto Condo Market Stagnation
Between 2016 and 2022, investor ownership in newly built condos reached 50 percent in Vancouver and 58 percent in Toronto, while overall investor ownership was 43 percent and 52 percent respectively, excluding presale purchases, according to data from Simon Fraser University.
Investor Role in Vancouver and Toronto Condo Market Stagnation
Between 2016 and 2022, investor ownership in newly built condos reached 50 percent in Vancouver and 58 percent in Toronto, while overall investor ownership was 43 percent and 52 percent respectively, excluding presale purchases, according to data from Simon Fraser University.
Progress
44% Bias Score
California Wildfires to Hike Canadian Home Insurance Premiums
The California wildfires are expected to increase Canadian home insurance premiums due to rising reinsurance costs for insurance providers, impacting consumers particularly in British Columbia, Alberta, and Quebec.
California Wildfires to Hike Canadian Home Insurance Premiums
The California wildfires are expected to increase Canadian home insurance premiums due to rising reinsurance costs for insurance providers, impacting consumers particularly in British Columbia, Alberta, and Quebec.
Progress
28% Bias Score
US Condo Prices Plummet Amidst Rising Costs and Increased Supply
US condo prices fell 2.2 percent year-over-year in May to \$354,100, with Florida and Texas seeing the sharpest declines exceeding 30 percent in some areas due to increased supply, rising HOA fees, insurance costs, and stricter regulations.
US Condo Prices Plummet Amidst Rising Costs and Increased Supply
US condo prices fell 2.2 percent year-over-year in May to \$354,100, with Florida and Texas seeing the sharpest declines exceeding 30 percent in some areas due to increased supply, rising HOA fees, insurance costs, and stricter regulations.
Progress
52% Bias Score
Toronto Condo Resale Market Shows Signs of Life Amidst High Inventory
Toronto's condo resale market saw a 38 percent year-over-year sales increase in November 2024, driven by lower interest rates and decreased prices; however, high inventory levels and buyer hesitancy persist, hindering a robust recovery.
Toronto Condo Resale Market Shows Signs of Life Amidst High Inventory
Toronto's condo resale market saw a 38 percent year-over-year sales increase in November 2024, driven by lower interest rates and decreased prices; however, high inventory levels and buyer hesitancy persist, hindering a robust recovery.
Progress
36% Bias Score
Showing 1 to 4 of 4 results