Monday, 13 February 2012

Bloomberg: 多伦多公寓泡沫风险高过纽约

世界知名的金融组织 Bloomberg (彭博) 昨日发表新闻, 说多伦多公寓泡沫风险高过纽约

Toronto Condo Bubble Risk Topping New York
Feb 12, 2012 9:01 PM


Toronto: 148
New York: 59
Chicago: 22

Toronto has more skyscrapers and high-rises under construction than any North American city -- almost three times as many as New York -- stoking debate on whether the condominium market in Canada’s largest city is headed for a U.S.-style correction as prices rise and household borrowing hits a record. Canadian lenders including Toronto-Dominion Bank last week raised mortgage rates to cool off the housing market.

Finance Minister Jim Flaherty said that he’s concerned about loosening of standards by some Canadian financial institutions on those types of mortgages, and steps are being taken to “correct” the practice.

Toronto-Dominion Bank (TD) Chief Executive Officer Edmund Clark said in a Feb. 8 interview at Bloomberg’s New York headquarters that banks are tightening lending on loans for condominiums. Toronto-Dominion, Royal Bank of Canada and Canadian Imperial Bank of Commerce scrapped their promotional 2.99 percent mortgage rates last week, less than a month after they were introduced.

Vancouver’s median home price of C$678,000 in the third quarter was 10.6 times its median pretax household income of C$63,800, making the city the least-affordable housing market after Hong Kong among large English-speaking cities, Demographia said. Toronto’s home price of C$406,400 was 5.5 times household income of C$73,600, a 40 percent deterioration in affordability since 2004.

原文还包括一些由受访问的地产经纪公司提出的 "多伦多房市没泡沫"的理由


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