Why Did Canadian Home Sales Decrease in August?

Why Did Canadian Home Sales Decrease in August?

The Canadian Real Estate Association released sales figures for August 2018 this week, and in a bit of good news, numbers were up from July, rising a slight 0.9%. However, with year-over-year sales decreasing by 3.8%, there’s a lot more to the story. Until now,...
Are Canadians Taking on Too Much Household Debt?

Are Canadians Taking on Too Much Household Debt?

The fallout of the new nationwide stress test rules for mortgages, which came into effect this year, has slowed down. The housing market has mostly adjusted to those changes, even though the increasing possibility of more interest rate hikes threatens to shake things...