Julie Dickson Warns Again about Housing Market
Back in the spring, Julie Dickson, head of the Office of the Superintendent of Financial Institutions, warned that high interest rates could be “very painful.” And while her most current warnings may not sound so dire, when Ms. Dickson spoke to an industry group about the current housing and mortgage market, she still brought with…
Read moreIs Home Affordability Spinning Beyond Reach?
Remember back in June when we talked about one Vancouver broker that said it was mortgage restrictions, not home affordability, that was making it difficult for Vancouver buyers? Well, she may want to reconsider that whole thing because RBC just came out with their home affordability report and it’s bad news for those looking to…
Read moreWho are the Echo Boomers?
Yesterday we talked about the real estate trends we can expect in 2014, and in that mix we talked about Echo Boomers. But who is this generation of newcomers? While we did touch on the huge impact these individuals are going to have on the market in the coming year, we didn’t delve a great…
Read moreWhat will Next Year Bring for the Toronto Real Estate Market?
Well it’s that time of year again. To be out with the old and in with the new, and that includes the Toronto real estate market. While numbers in the GTA have been climbing over the past few months – both in sales and in prices – experts have stopped looking to the year-that-was-never-supposed-to-be, and…
Read moreHow Many Consumers are Going Black Friday Shopping?
Cross-border shopping is something that many Canadians can say they’ve done at some point or another in their lives. While there was a dip in consumer spending across the border for a small period while people adjusted to new passport rules, and the exchange rate simply didn’t make sense, the trend of going to the…
Read moreMoney Talks: Volume 52
We have four or five different categories that we regularly run here on Money Talks. Sometimes we find lots of news stories in one of those categories, and hardly anything in any of the others. This week we were thrilled to find at least a couple stories in our favourite categories – personal finance, real…
Read moreIconic Toronto Book Store Shutting Down
It was a sad day yesterday in Toronto when it was announced that the World’s Biggest Bookstore (which it wasn’t,) had been sold to a developer and the bookstore would be shutting its doors in February. The news got a lot of reaction on social media as fans talked about their favorite World’s Biggest Bookstore…
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