Real Estate Markets

Tech Talk for Wednesday November 22nd 2017

Pre-opening Comments for Wednesday November 22nd U.S. equity index futures were higher this morning. S&P 500 futures were up 2 points in pre-opening trade. Trading volumes are expected to diminish significantly this afternoon prior to start of the U.S. Thanksgiving holiday. Index futures were virtu ...

Tech Talk for Monday November 20th 2017

Pre-opening Comments for Monday November 20th 2017 U.S. equity index futures were mixed this morning. S&P 500 futures were unchanged in pre-opening trade. Wal-Mart dropped $0.89 to $96.58 after Goldman Sachs downgraded the stock to Sector Perform from Outperform. Vale added $0.09 to $10.20 after RB ...

Is this really the end for Toronto real estate rally?

A roundup of what The Globe and Mail’s market strategist Scott Barlow is reading today on the Web ...

Canadian home sales edge up again in October

Ottawa, ON, November 15, 2017 – According to statistics released today by The Canadian Real Estate Association (CREA), national home sales posted a modest monthly increase in October but remain below levels recorded one year ago. Highlights: National home sales rose 0.9% from September to Octobe ...

How Canadian homes became debt traps

(John Lund/Getty Images) In 1998, Ann bought a one-bedroom condo in the Kitsilano area of Vancouver. Gainfully employed at a printing company, she found the monthly mortgage payments were within her budget (Ann and others quoted in this story asked that Maclean’s not use their full names). Th ...

The unfunded

It may be sometime before Christmas when the 16,921 members of the Sears Canada pension plan, mostly retired, discover how scrooged they are. Things don’t look cool. The company’s in liquidation and the dirt-cheap prices shoppers were hoping to vultch in the doomed stores aren’t there. Witho ...

Disorderly

Seven months ago nobody thought mortgage rates in Canada would ever go up, or house prices down. B20? That sounded like some wicked drink, opiod derivative or Bombardier product. And on March 3rd, when the local real estate board announced 32.5% year/year increase in real estate sale prices the st ...

Best Canadian Stocks 2018: All Stars

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Trick or treat

Utterly discouraged, Ted bailed on YVR. He also has a wife issue. ‘She doesn’t want to rent anymore and she doesn’t want to get priced out again on Vancouver “Island (our new home) like we did in Vancouver,” he says. “Further complicating things, my dad passed away and my Mum needs to ...

Home ownership rate in Canada on the decline: census

OTTAWA — Not everyone wants to own a home these days, Evan Siddall concedes — not even his own millennial-age son. For the head of the Canada Mortgage and Housing Corp., that’s really saying something. But Siddall’s experience is far from uncommon, the latest census figures show: 30-year- ...