In Waterloo Region the price of a detached home has shed $300,000 since the peak during the winter of 2022. The selling price of all properties is lower by $244,000. Inventory is up 49% year/year and ...

One bank alone, RBC, holds $401 billion in residential mortgages. Of those, loans totalling over $72 billion have amortizations in excess of 35 years. These are the turkeys whose fixed monthly ...

When the housing stats are released tomorrow, the standoff will be clearer.

Low Tide? I’m gonna go and see who’s swimming naked. Sailo, better get out before I see your shrunken thingy. “You cannot ...

More to come, too. Mr. Market is pricing in an additional quarter-point drop in October and another pre-Christmas. By then ...

His name is Nathan. A Millennial, location unknown. He’s 36, two young kids, steadily employed in a government job (lowly ...

The same story in Detroit (average $74,882 US) and Windsor ($572,000). Some cities (Vancouver and Seattle) are roughly ...

Thirty-four years ago, when the average Millennial was playing with his toes, the prime at the banks was 14.75%. A five-year ...

“The time has come,” says Fed boss Powell on Friday, “for policy to adjust.” That means the most important central bank on ...

On the final Friday of the summer the latest US inflation news is benign and Canada’s economy’s growing weedily. It’s all ...

As his decades-long, US$68 billion Ponzi scheme famously made clear, Bernie Madoff was perhaps the vilest fraudster in Wall Street history. However, his investors still bear some of the blame for ...