Affordability is terrible. The cost of properties has not dropped meaningfully, and a large swath of buyers has been removed ...
According to the American Economic Association, 60% of us pick option 1), indicating that most of us prefer instant gratification. It’s human nature, it seems, to prefer happiness today versus ...
CIBC now says there’ll be half-point drops by the Bank of Tiff later this year and early in 2025, with the CB rate settling ...
A decade ago, when the world was ending and people still read books, I wrote one called ‘After the Crash.’ No, it was not about housing. And the crash referred to was the egg Wall Street laid after ...
In the last year close to 1,400 realtors have quit the business in the Toronto region alone. It’s the first time in eight years real estate board membership has declined. Face it. Thousands of these ...
“Why,” asks Dave, in a pointed email to me, “don’t you issue your own press releases? Seriously – then the Financial Post could recycle them.” He was flamed by a late-Friday story about a triumphant ...
A strong $US means Canadian goods are cheaper to our largest trading partner. It also means the production costs of our resources (like oil) are cheaper. In other words, a strong $US is good for ...
Through incompetence or by design, real estate boards are inflating sales numbers and giving Canadians false data. “If this were the stock market,” says veteran real estate pro Ross Kay, “these guys ...
Some people wonder why interest rates would fall when the economy’s okay. They want rate pain, mostly to force house prices down. Well, just to prove the world is beyond understanding, yesterday we ...