It’s Friday morning at a Tim Hortons in downtown Toronto. The place is hopping with customers eager to get their caffeine fix. Yes, Canada loves its coffee, more so than most other countries in the world. Out of 80 countries, Canada ranked No. 1 in 2015 when tallying up how many litres of coffee per capita […]
Archives for September 2016
Real Estate Agents provide great value noted by Commission specialist Larry Weltman and others
A national spike in private home sales has reignited the debate around the value of hiring a realtor versus trying to sell your home yourself. Even though the private sale market has grown, realtors are still the best bet in terms of selling or buying a home without issue. In Vancouver, the country’s busiest […]
Vancouver homeowners become Canada’s first ‘city of millionaires,’ study notes
In toronto real estate, a strong housing market is making Canadians wealthier, on paper, as the value of their homes outstrips a rising amount of debt. In toronto personal finance, household debt across the country grew by 4.1 per cent last year to an average of $133,170 while average household net worth increased slightly […]
Toronto housing market staying stronger, while Vancouver’s slowing down – TD Bank
In toronto real estate, Toronto continues to maintain its housing market momentum whiles Vancouver real estate market looks to be softening. In a report published Tuesday, TD Bank said Vancouver has started what is expected to be a modest correction, which will be reinforced by the recent implementation of the land transfer tax on […]
Scotiabank cuts down in mortgage lending business, stays vigilant
In toronto mortgage, Bank of Nova Scotia (BNS.TO), Canada’s third-biggest lender, has pulled back on mortgage lending in its domestic market, potentially insulating itself if house prices fall in Vancouver and Toronto. In toronto real estate, Canada’s banks face heightened scrutiny of their mortgage underwriting practices as authorities try to tackle the potential threat […]