Ponzi or Pyramid Scheme? Should You Buy Now? 2023 Canadian Real Estate Market

Check out the latest data from the 2023 Edition of the Canadian Housing Bubble. I go through the latest real estate headlines, give my opinion on buying and selling, and dissect April's real estate statistics to see what's really happening.


Links/references:

https://www.investopedia.com/terms/h/housing_bubble.asp#:~:text=A%20housing%20bubble%2C%20or%20real,period%20to%20replenish%20and%20increase.

https://www.theglobeandmail.com/business/article-canada-mortgage-insurers-homeowners/

https://www.bloomberg.com/news/articles/2023-04-25/mortgage-payments-triple-higher-rates-are-nasty-shock-for-uk-homeowners

https://www-thestar-com.cdn.ampproject.org/v/s/www.thestar.com/amp/business/2023/04/25/one-third-of-canadian-homeowners-now-have-mortgage-periods-of-more-than-30-years.html?amp_js_v=0.1#webview=1&cap=swipe

https://www.richmond-news.com/highlights/opinion-40-year-mortgage-terms-will-keep-canadians-poor-6934479

https://www.bnnbloomberg.ca/bank-of-canada-considered-raising-interest-rates-at-its-last-meeting-1.1912618

https://ca-finance-yahoo-com.cdn.ampproject.org/v/s/ca.finance.yahoo.com/amphtml/news/millennials-fueling-generational-housing-bubble-010504430.html?amp_js_v=0.1#webview=1&cap=swipe

https://ca-finance-yahoo-com.cdn.ampproject.org/v/s/ca.finance.yahoo.com/amphtml/news/canadas-home-prices-havent-hit-144815307.html?amp_js_v=0.1#webview=1&cap=swipe

https://ca.finance.yahoo.com/news/first-republic-jumbo-mortgages-brought-155820982.html


Did you miss our previous article...
https://trendinginrealestate.com/commercial-real-estate/is-commercial-real-estate-a-good-investment-for-nris-in-india