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 ...

Affordability is terrible. The cost of properties has not dropped meaningfully, and a large swath of buyers has been removed from the game. Many of them, permanently. Sales volumes will increase as ...

In Waterloo Region the price of a detached home has shed $300,000 since the peak during the winter of 2022. The selling price ...

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 ...

Veteran real estate broker Robert Ede is more of a data nerd than most. “The worst is over for sellers,” he concludes as we ...

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 ...

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 ...

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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 ...

Once, as an MP, a retired engineer from Victoria wrote to call me a total butthole. He was a Reformer (that movement evolved into the PP Conservative Party). I was a Progressive Conservative. Richard ...