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 ...

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 ...

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 ...

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 ...

The note of disgust was evident in his voice late Saturday as he called with yet another report. “This is the world we now live in,” he said, “and it is full of malicious destruction. All can say it ...

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 ...

“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 ...

For the past two years the average DOM in mid-town Toronto has been 17. That means if you listed your house on September 13th, you’d have a firm and executed offer in hand by the thirtieth. This has ...