The Saretsky Report
Steve SaretskyWeekly musings on the Canadian housing market, interest rates, and the economy.
| Platform |  | Pricing | Only free issues | Publishes | Weekly |
|---|---|---|---|---|---|
| Issues | 172 | Founded | 4 years ago | Last Issue | 9 days ago |
| Active | |||||
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stevesaretsky.substack.comLatest Issues
Getting Technical
Happy Monday Morning!
For the first time in six years, the Canadian economy slipped into a recession. Real GDP fell by 0.1% on an annualized basis during the first quarter, Stats Canada reported on Friday. That follows a 1% contraction in...
Distressed Listings
Happy Monday Morning!
Despite the sharpest house price correction in more than three decades, mortgage arrears in Canada remain low. Recent data from the Canadian Bankers Association shows the national arrears rate was a paltry 0.28% (as o...
No Price Too High
Happy Monday Morning!
No Real Estate developer epitomizes the Vancouver Real Estate bull market quite like West Bank. Lavish luxury towers that shine above the Vancouver skyline, sold at record breaking prices. There was seemingly no pric...
Levered Multiplexes
Happy Monday Morning!
We’ve written a lot about the Canadian rental market. A rental construction boom financed by the federal government has pushed vacancies to multi-decade highs, and pushed rents down by double digits across most major...
The Exits are Being Barricaded
Happy Monday Morning!
Real Estate foreclosures are ramping up, and the stigma of defaulting is starting to fade. Our recent piece on The Loonie Hour Substack, guest authored by Ben Rabidoux highlights why strategic default is turning from...
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Authors
The writers behind this newsletter.
Real Estate aficionado. Vancouver Realtor & investor. Avid student of Macro Economics and Credit Cycles.
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