A report from the Globe and Mail in Canada. "The condominium market in Calgary remains mired in a lengthy slump that has resulted in falling prices and a growing glut of new units that are sitting empty. 'The condo sector’s…
It's Friday desk clearing time for this blogger. "Rising mortgage delinquency rates in Florida are raising fears that the coronavirus pandemic will lead to a foreclosure crisis as bad if not worse than the one that followed the 2008 housing…
A report from CTV News in Canada. "Vancouver rents have been falling since the start of the COVID-19 crisis, and are down by as much as 15 per cent for some types of apartments, according to data pulled from Craigslist.…
A report from the Canadian Press. "Canadians looking to borrow money for a home purchase a home are in for some extra challenges after the Canada Mortgage and Housing Corporation announced changes to its lending standards on Thursday. The country’s…
It's Friday desk clearing time for this blogger. "Experts say there could be a foreclosure wave next year as companies go out of business 'and those jobs don’t come back,' said Chad Van Horn, a Fort Lauderdale-based bankruptcy attorney. 'I…
A report the Globe and Mail in Canada. "Some properties are drawing multiple offers and selling at a premium to the asking price. Others are sitting longer or selling below asking – even in sought-after neighbourhoods such as High Park…
A report from Post Media on Canada. "April can be one of the better months of spring, but April 2020 will be most remembered as the month of the fall. To put it mildly, the month was not a good…
A report from the Times Colonist in Canada. "Rental properties vacated by students who have returned to their home town or native country; property owners who, faced with a shortage of international tourists this summer, put short-term vacation rental suites…
A report from ThinkPol in Canada. "Metro Vancouver detached home prices are in free fall in May as economic turbulence caused by COVID-19 related lock down measures continue to rock the region’s housing market. The OpenHousing House Price Index for…
A report from the Huffington Post on Canada. "Advertised rental rates are on a downward slide in many cities. Some of the priciest cities saw some of the steepest drops. One-bedroom units in Toronto fell 4 per cent in April…