Tag: Financial Post
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No relief in 2022: Experts’ predictions for Canada’s housing market – by Clayton Jarvis
People have been calling Canadian real estate’s upward trajectory “unsustainable” for almost a decade now. But if a global pandemic, followed by a recession, followed by more pandemic hasn’t been enough to cool the market, it’s fair to wonder when conditions will change enough to give homebuyers some hope in the face of dwindling inventory…
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Posthaste: Five really weird things about Canada’s roaring housing market | Financial Post
Aug 18, 2020 by Pamela Heaven According to BMO senior economist Robert Kavcic, during the pandemic recession, the performance of the housing market has been surprising. Based on the data that was shown last August 17, 2020, Canada’s housing market surged in sales at 26% beating the records in July. “In fact, this has shaped…
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Middle Class Angst
As outlined in a recent Financial Post article, Middle class net worth has nearly doubled in the past 17 years. What makes up the vast majority of middle-class wealth? Not savings, nor bonds or stocks; it is real estate (usually in the form of people’s homes.) “Most of this wealth wasn’t in financial assets, of course.…