A report from Narcity in Canada. "Toronto's Regional Real Estate Board offered a glimpse into the housing market in April, and it's not all bad news. According to the report, Toronto housing prices actually dropped this month. Detached homes were…
A report from the Toronto Sun in Canada. "In a scenario that is no doubt being replicated in major urban centres across Canada, sales of homes in Toronto dipped 68% in the first week of April while condo sales were…
Two reports from Housing Wire. "One thing that is clear, however, is that the mortgage lending landscape is vastly different in early April than it was in early March. Certain segments of the business – namely government, non-QM, and jumbo…
It's Friday desk clearing time for this blogger. "Auction.com reported in January that experts predict foreclosure and REO inflow will increase in 2020, with most of the influx coming for government-insured loans. 'Most in the default servicing industry expect government-insured…
A report from the Times of London in the UK. "'For UK corporates, this is their Waterloo,' said a restructuring expert. 'What happens over the next few weeks will define what happens over the next few years, and whereas the…
A report from CTV Vancouver in Canada. "There are dire warnings that the condo real estate market in B.C. could collapse unless the province steps in to stop it. A representative of a condo owners' association says recent changes to…
A report from the South China Morning Post. "China's residential property market has come to a standstill as sales offices are ordered to shut amid the coronavirus outbreak. Some agents are bracing for a slump in sales of as much…
A report from Better Dwelling in Canada. "Canada’s recent real estate price boom is creating a lot of incentive for development. Canada Mortgage and Housing Corporation data show housing under construction jumped in Q4 2019. The number of homes currently…
Two reports from the Times of London. "Tens of thousands of families have seen their inheritances decimated after elderly relatives paid inflated prices for new retirement homes that have collapsed in value, an investigation by The Times has found. Prices…
It's Friday desk clearing time for this blogger. "New York City is coping with a nationwide exodus of residents from big, expensive cities. In addition, foreign buyers have retreated from the market. 'The thing is, you don't have the Chinese…