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 ...

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 ...

“With inflation soon to be vanquished, and real interest rates still at restrictive levels,” says the chief economist of the Penguin Bank, “there’s no logical reason for central bankers to move too ...

“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 ...

The Vix spiked a little and stocks lost a chunk as Wall Streer stressed about Debate Night. The consensus is Trump has little to lose or gain. Everybody knows he’s weird. Nothing new. Move along.

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 ...

Through incompetence or by design, real estate boards are inflating sales numbers and giving Canadians false data. “If this were the stock market,” says veteran real estate pro Ross Kay, “these guys ...

“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 ...