Buoyed by red-hot markets in Vancouver and Toronto, the country’s overall housing market may appear to be on fire but in reality real estate is slumping in Quebec City, Halifax, Calgary and Edmonton, where houses prices are down. “The reason is their economies are incredibly flat and you will see housing really start to […]
Archives for September 2021
8 Best Ways to Relieve Bloating
Sometimes it’s hard to pinpoint what’s causing that awful bloated feeling. Did you eat too much? Is it excess gas? Are you retaining water? If you’re a woman, is it because you are premenstrual? The good news is that there are some common steps you can take to address the problem of bloating, regardless […]
Canada’s banks sound the housing bubble alarm, finally
After years of pumping money into the country’s frothiest housing markets, Canada’s big banks are suddenly—and alarmingly—nervous about the debt-fuelled monster they’ve helped to create. In the span of a few days this week and last, several big-bank CEOs and chief economists let loose a flurry of warnings about surging home prices in Vancouver […]
Toronto market is in a bubble, an expanding bubble, and it is likely to end in tears
The Canadian and Toronto housing market just keeps getting hotter. Home prices in the Greater Vancouver area have surged 30% year over year in May, up from 15% at the end of 2015, according to the bank’s June 2016 Financial System Review. Meanwhile, prices in the Greater Toronto area are growing by 15% YoY, […]
