Numbers released this week by CREA confirm what we can all see. House sales are languishing and buyers are balking, despite ...
Today the Fed cuts itas rate for the first time in four years. Big deal. It’s the CB that runs the planet. This means the Wicked Witch of Tightening is kaput. For the next year (at least) the price of ...
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 ...
That’s the other shoe dropping. Yesterday the first hit the floor as Ottawa desperately unveiled 30-year mortgages and a ballooning of mortgage insurance to cover $1.5 million buys. No, houses are not ...
In one bustling region of the GTA, 60% of all the listed houses with an accepted offer are SOP. That means ‘sale of property’ – so the offers are conditional upon the buyer being able to flog his/her ...
Close, but no cigar. The geniuses running the US central bank have erred on the side of caution, delaying that inevitable first interest rate hike in a decade for another month. The new D-date is now ...