No Data
No Data
Toronto Stocks Slide; Linamar Falls on Rating Downgrade by Scotiabank on Sluggish Industry Demand
Canada Immigration-Policy Changes Could Hurt GDP, BOC's Macklem Says
Toronto Stocks Advance, Canfor Shares Fall on 3Q Loss
Bank of Canada Gov. Macklem Says Pace and Scope of Cuts Still to Be Determined
Bank of Canada Gov. Macklem Sees Little Inflation Impact From Immigration Reform
Toronto Stocks Inch Down; Corus Slides as Fewer Ad Dollars Weigh on Revenue
DanDha : I agree with what you said, but I would like to know why it is like that.
Avaliye OP DanDha : My reasoning here is that, with all the layoffs and the banks tightening their lending, people can no longer afford to hold RE as an investment and they will be looking to dump it fast. They can’t get enough in rent to cover their mortgage and they are likely over leveraged that they risk bankruptcy come renewal while simultaneously they are on the cusp of fear of losing their jobs.
70727465 : More easing measures are expected in Canada, allowing for mortgages of up to 90% loan-to-value without the need for insurance by next year. Additionally, stress tests may be removed, making it easier for buyers to qualify.