Want your kids to excel at managing their finances someday? Here’s how to get started on teaching kids about money.   Photo by Ketut Subiyanto from Pexels My nine-year-old, Matilda, has a piggy bank filled with coins she doesn’t know what to do with. And since I’m not role-modelling how to manage physical money very often, I’m not incredibly su...Read More

  Before the days of bidding wars and bully offers, the real estate market used to be cyclical and fairly predictable. There was a spring market, which was typically the busiest time of year, and there was a fall market, where the action typically picked up following a quiet summer. However, over the past decade, the pace of the real estate market picked up and realtors were forced to qui...Read More

Weaker borrowing trends were driven primarily by a decrease in demand for mortgages.   Homes for sale in East Gwillimbury, Ont. PHOTO BY COLE BURSTON/BLOOMBERG FILES Article content Rising incomes and a slower housing market helped Canada’s households modestly repair their balance sheets in the second quarter, even as economic growth stalled. Canadians&rs...Read More

    Canada’s real estate market is hard to keep down, but getting up won’t be easy. Canadian existing home sales fell in August, while new listings continue to climb. The easing conditions have led to a balanced market, but will exuberant buyer’s return after the Bank of Canada (BoC) pause? BMO Capital Markets sees it as unlikely, warning the market is ...Read More

Canada’s housing minister says the federal government isn’t ruling out changes to its ambitious immigration targets, but maintains the country should also focus on what it can do to increase housing supply when it comes to addressing current housing challenges.  Capital Dispatch: Sign up for the latest in federal politics and why it matters “When we look to the future o...Read More

But further interest rate hikes not off the table A housing development in Bradford West Gwillimbury, Ont. PHOTO BY COLE BURSTON/AFP VIA GETTY IMAGES FILES Article content Canada’s slowing real estate sector has been granted something of a reprieve by the Bank of Canada, after the central bank chose to hold its policy interest rate at five per cent after castin...Read More

  What is the state of the Toronto real estate market today?  As the Bank of Canada’s inflation-fighting tightening cycle hardly made a dent in one of the world’s largest and most expensive housing markets, prospective homebuyers might wonder when the best opportunity would be to acquire a residential property in this climate before prices surge even mo...Read More

Most Canadian mortgage holders don’t know their monthly payment ‘without looking it up’ — but experts point out that today's borrowers are facing an unprecedented level of nuance.   It seems that Canadians are a little out of the loop when it comes to their own mortgages. The Real Estate and Mortgage Institute of Canada (REMIC) painted a pretty dismal pict...Read More

For those looking at buying a condominium in Canada’s most populous city, a new report shows there are some deals to be had, provided you’re comfortable with being on the outskirts of the city. The new research from Zoocasa, published on Wednesday, highlights Toronto neighbourhoods where the average July selling price more than $200,000 cheaper than the citywide average of $753,5...Read More

The tightening of market conditions that unfolded in the spring is “unwinding rapidly” and Toronto is now the closest it has been to a so-called buyer’s market since last winter, a new report from RBC suggests. The report, which was released last week, shows that home sales in Toronto were down 8.7 per cent in July compared to the previous month even as listings inched...Read More