Calgary Crunch Leading to Homelessness
While cities all over the country might be facing a problem of overstock inventory on their housing market, and few buyers for them, Calgary is experiencing a different problem. That is the fact that while more and more people are pouring into the city every year looking for a new home, Calgary is simply running…
Read moreHow Does Your Province’s Economic Momentum Compare?
An interesting independent report just came out from Forex Pros Financial Markets Worldwide, and it compares Canadian provinces on their own in-house Provincial Economic Momentum Indexes. These indexes monitor and track growth for the provinces according to six different monthly seasonally adjusted economic indicators. So, take a look at Forex Pros’ chart below, and see…
Read moreToronto has Most High-Rises in North America!
Yes, it’s official. Toronto may now actually have too many high-rises. That’s not news to many, including Jim Flaherty who commented a few months ago that he was concerned about “the last condo buyer in Toronto.” Of course, not all condo are high-rises, and not all high-rises are a condominium, either. That’s been clearly defined…
Read moreWalking the Fine Line of Debt and the Economy
The fact that our household debt to income ratio has now hit the high percentage of 163% has had many – including economists, analysts, government officials, and consumers – on the brink of panic the past week or two. But while common sense may tell us that now is the time to rush out and…
Read moreGetting Rid of Trolls in Toronto
There’s so much talk about the housing market and the price of Toronto mortgages on beautiful Toronto homes. But what about those patches of land that you turn your head away from as you drive by? Those spots around the city that you really can’t be too proud of, and may even make you a…
Read moreCanadians are Nearly 50/50 Split in Housing Market Confidence
BMO released their first-ever Housing Confidence Report yesterday, and it shows that when it comes to confidence in our housing market, Canadians are split on the issue at about 50/50. We are Canadians though, and we are a wary bunch. That’s shown in the fact that those of us that are confident in the market,…
Read moreShould We Really Be That Concerned about Household Debt Levels?
Should we really be that concerned about the amount of debt we have piling up in this country? Of course we should. Debt in this country is a problem, and that’s why last week we dedicated an entire miniseries to it, talking about debt levels of all kinds; and home refinancing and second mortgage options…
Read more
Contact Us
Contact us today to set up an appointment.