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 ...
In Waterloo Region the price of a detached home has shed $300,000 since the peak during the winter of 2022. The selling price ...
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 ...
Veteran real estate broker Robert Ede is more of a data nerd than most. “The worst is over for sellers,” he concludes as we ...
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 ...
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 ...
“People are taking big hits,” says realtor Dan. You betcha. Sellers. Lenders. Brokers. Desperate, failed buyers. And property agents as well – now, suddenly, part of a herd that’s being quietly culled ...