A common saying in finance is that “markets take the stairs up and the elevator down”, meaning that advances are typically ...

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 ...

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 ...

“I have been following your blog for quite some time now,” says James, “and I am in a bit of a dilemma.” Fire away, reader boy. This is the blog of last resort. “I bought a town home in 2008 in the ...

Cathy works in the same ugly tower where the Vancouver Sun lives. “I know they’re hurting financially – conversations abound of cutbacks and layoffs,” she says, “downsizing space (which we happily ...

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 ...