Private markets AUM nearly hit US$10 trillion in mid 2021
Housing costs are a growing worry, BMO index finds
Prices have been driven upward by fierce bidding wars coupled with a lack of homes being listed
Both household assets and debts are well above pre-pandemic levels, RBC reports
Persistent liquidity constraints and large debt maturities signal that defaults are likely
Buyers from expensive markets are drawn by the city’s lower prices and laid-back lifestyle
The national average home price was a record $748,450 in January, up 21% from $618,587 a year earlier
The Real Estate Board of Greater Vancouver says home sales totalled 2,285 in January, down nearly 5% from the same period in 2021
The tax is part of the federal government's plan to crack down on rising home prices
The greatest increases were in smaller urban markets