Canadian households experienced a decline of almost C$1 trillion ($775 billion) in net worth in the second quarter amid plunging prices for homes and stocks.
The value of residential real estate holdings held by households fell by C$419 billion in the three months between April and June, while financial assets dropped by C$531 billion, Statistics Canada reported Monday in Ottawa.
Vetted by HousingWire Our editors independently review the products we recommend. When you buy through our links, we may earn a commission. Real estate marketing isn’t just about posting a few property listings […]
A Florida real estate fraudster who stole a residential property by using a phony charity and then tried to hire a hitman to kill the property’s owners was sentenced to 17 years and six months […]
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