Canada's two largest real estate boards reported April results last week. The Vancouver market is showing signs balance and emerging price stability while Toronto posted a strong month, led by the downtown condominium segment.
Bank of Montreal published its Psychology of Home Buying Report last week which contains some interesting insights into some of the motivations and emotions which drive home buyers.
Also last week, PWC published analysis of debt levels of Canadian consumers. The report, called The Tide Turns: Canadians, Debt and Retail Lending, indicates that consumers seem to be having difficulties sticking with debt reduction plans and putting off major purchases. The report also has some sobering advice for Canadian lenders going forward.
Joel Sida form MCAP newsletter.
No comments:
Post a Comment