Ron Butler
Mortgage broker discussing condo valuations, cash‑flow analysis and financing solutions.
GTA Prices Drop 4.6% as Sales Slightly Rise
GTA House Prices Continue To Fall In May Even As Sales Of Homes Show A Slight Improvement Actual unit sales of homes increased 6.3% in May Yr on Yr even though prices just keep grinding down 4.6% Yr on Yr Sales are still well below the 10 year average What's this mean? First of all be VERY careful of some lying Realtors claims that prices are UP compare with the January price point
Mortgage Defaults Set to Worsen Before Any Relief
Why Mortgage Defaults, Foreclosures & Power Of Sales Will Get Worse Before They Get Better There are fewer processes in Lending that move slower than Mortgage Default resulting in Power of Sale Action That's why it's unlikely this wave of Lenders selling...
Rising Food Prices and Mortgage Rates Squeeze Average Canadians
Inflation Up / Fixed Mortgage Rates Up: 2026 May Be Turning Into A Bad Year For Average Canadians Food Inflation is 3.8% in Canada & all Fixed Rate Mortgages will take another leg up by the end of the week The truth...
Homeowner Insolvencies Surge to 2009 Crisis Levels
Why Are Bankruptcies & Insolvencies Growing So Fast? They Have Reached 2009 World Financial Crisis Levels Main Reasons: - The Collapse of Residential Real Estate - Growing Unemployment in Full Time Jobs - Inflation Destroys Affordability This will likely get much worse The most striking aspect...
Canada’s Initial Rents Keep Dropping Amid Oversupply
Rents Fall For 19 Straight Months In Canada: There Is No Chance This Stops Soon Some clarity: this means INITIAL Rents, if you are currently renting your existing landlord will likely ask for an annual increase Why will initial rents keep falling? Several...
Mortgage Document Fraud Ignored Despite Budget Commitment
Mortgage Document Fraud Is Clearly NOT A Priority To The Federal Government Because the Finance Department announced they would shut Fraud down 2 years ago But CRA told the Government they were too busy & couldn't bother doing anything about Fraud You can't...
Home Types Diverge: Prices May Stall, Not Rise
When Will House Prices Finally Turnaround? When Do Home Prices Stop Falling? Two Ideas: 1) Different TYPES Of Homes may have very different futures 2) Prices can stop falling & not immediately start to go up And most of the Real Estate Industry...
GTA Home Sales Edge Up While Prices Keep Falling
Home Sales UP (A Bit) Prices DOWN In The GTA As predicted Resale Home sales in the GTA crawled up from 34 years lows to 26 year lows And House Prices just keep grinding DOWN Which is what I expect for the rest...
Government Policies Spark Brampton Mortgage Default Crisis
Brampton Is Experiencing A Mortgage Default CRISIS Crazy thing is the Government is involved in some of it Look, I get it, everyone making a Real Estate decision there was an adult who must live with consequences But let's think how Government helped...
Low‑Rise Home Building Surges After Four‑Year Slump
New Home Construction Industry Rises From The Grave: Low-Rise Home Building Jumps Hi-Rise Condos Still Dead Building new Single Family, Semi's & Townhouses has been Dead in Ontario for 4 years Ottawa has crawled along but Southern Ontario a total crash Until this...
War‑Driven Inflation Undermines BoC Rate Hike Effectiveness
Bank Of Canada: NO CHANGE This was a guaranteed result: there was never a doubt Bank Of Canada: NO CHANGE This was a guaranteed result: there was never a doubt It's so simple, the War In The Middle East creates inflation The BoC...
Record Mortgage Renewals Spur Higher Rates, Dampening Spring Market
Will Higher Fixed Mortgage Rates Slow Down An Already Slow Spring Real Estate Market? PROBABLY Thing is when you're coming off ridiculously low 2025 Home Sales numbers in BC & Ontario: a very small increase in resales is inevitable But very bad...
Condo Construction Collapse Confirmed: Industry Now at Zero
We Knew The New Condo Construction Industry Was Screwed: Now We Know How Screwed When a business goes to ZERO it's REALLY bad Just as crazy: we KNEW this would happen We knew 3 years ago, I posted about it, others did as...
Only Top 20% Can Afford Ontario, BC Homes
Average Incomes Aren't Good Enough To Buy A House In Ontario & BC Today: It's Just The Top 20% Of Incomes It was my honor to testify before the Finance Committee of Parliament for the 4th time & I got some...
CUSMA Dissolution Set for July, Threatens Ontario Jobs
Let's Get Clear On This: As It Stands Today CUSMA Will Begin Its 1 - Year Dissolution Process In July This will cause more unemployment in Canada (Mainly Ontario's) Manufacturing Sector The highest probability is Canadian Governments have totally screwed this up In...