House Prices

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Get Out Of Vancouver Real Estate, Now

If you've made a windfall profit, take it and run. If you're leveraged up to the pits and speculating on big gains, bail. If you're within a few years of retirement with most of your net worth in four walls, suck it out. If you cannot afford to see your equity peeled back by a third or more, and stay that way for years, then retreat. If you listened to Mom and bought a condo with diddly down, get out.
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500,000 Reasons To Teach Our Kids About Real Estate Now

It's June and school will soon be out for the summer. What better time to teach your kids about... real estate? Why? There's actually more than 500,000 reasons to do so. The number is really 508,097 -- as in dollars, the average price of a home in Canada as of April 2016, according to the Canadian Real Estate Association. This represents a 13.1-per-cent year-over-year price gain. We need to educate our kids about the realities of property ownership before it overwhelms them.
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Can You Afford Your Mortgage In 2016?

Many Canadians are opening up their January credit card statements, reeling from the holiday hangover and newly acquired debt they racked up last month. It sure adds up quickly: gifts, some travel, a few nice dinners over the holidays. What would happen if credit card interest rates doubled? How many of us would fall behind in our credit card payments? It sounds horrible but rest assured it is unlikely. But it is far more likely to happen with our mortgage rates. Could you afford your home in 2016 if interest rates rise?
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Canadian Home Prices Jump 8.3%

OTTAWA — Canadian home sales grew in October as demand remained strong in the red-hot real estate markets in Vancouver and the Greater Toronto Area. The Canadian Real Estate Association said Monday th...