"One Canadian bank doesn’t see home prices coming down anytime soon. Scotiabank shared their latest risk forecast in their Q2 2021 earnings. As of April 30, 2021, the bank sees a better outlook than they did in January. Home price growth is forecast to accelerate in the base and best case scenarios. As for the worst-case scenarios, they only expect a small decline in one of them." https://betterdwelling.com/scotiabank-cuts-worst-case-scenario-for-canadian-real-estate-sees-higher-price-growth/
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04/06/2021
"Canadians are more sparingly applying for credit… except when it comes to a new mortgage. TransUnion data shows credit originations generally fell in Q4 2020. Every segment saw an annual decline with the exception of mortgages. New mortgage originations jumped over 25%, as more people dive into the housing mania." https://betterdwelling.com/canadian-mortgage-originations-jump-25-while-every-other-debt-segment-falls/
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