ANALYSIS: The hot housing market has resulted in unintended consequences that shouldn’t come as a total surprise. A new survey by Manulife Bank Canada finds more than one in three homeowners has been “caught short” at least once in the past year with not enough funds to cover expenses. This low interest rate environment has […]
A report by the Canadian Real Estate Association says the Calgary housing market continued to see a slow down in price gains in June. The association’s, MLS Home Price Index, released on Wednesday, which tracks benchmark, or typical, property sales in specific markets, said Calgary saw a year-over-year increase of just 0.48 per cent last month. […]
The average price of detached homes in Toronto and Vancouver has topped $1-million, and that should make you wonder. Detached from what, exactly? I’d say reality. From Canada to China and Greece, the financial and economic news this summer is worrying. Only if you have gold-plated financial security in your life should you jump into […]
