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 ...

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 ...

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 at 2.25% in less than a twelve months (June of 2025). That will constitute a ...

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 ...