News

  • Housing or Equities? The better long-term investment is… by Christopher Myrick

    A new study from the Pew Research Center on whether equities or housing represents the best long-term investment suggests the answer depends largely on how you define “long-term.”

  • Housing starts drop in Atlantic Canada, says CMHC by Christopher Myrick

    Housing starts were lower in April on both month-over-month and year-over-year fronts, with the sharpest declines coming in Atlantic Canada and Ontario, according to the Canada Mortgage and Housing Corp.

  • CMHC report shows loss of bulk insurance business by Vernon Clement Jones

    CMHC’s bulk insurance fund stood at a virtual standstill last year as the government clawed back on lender access to that portfolio insurance, making it harder for investors to win financing at the bank.

  • The real cost of smoking tenants by CREW online

    Here may be more proof that smoking tenants compromise resale value, with a survey suggesting half of buyers are inclined to give those properties a miss.

  • Condo sales lift T.O. prices, uh? by Christopher Myrick

    Sales volumes for homes in Toronto slipped 2 per cent in April from a year earlier while year-on-year prices were up by the same percentage, driven by unexpected strength in, of all things, condos.

  • Five more tricks to finding a bargain by Gord Lemon

    Here are the last five of ten ways investor Gord Lemon urges you to beat the bushes for a deal. Ahem, a deal at a discount, no less. Note: They're in no order of preference or effectiveness, although all require initiative and, perhaps, a little luck.

  • U.S. property prices rise as homeownership declines by Christopher Myrick

    Data issued by the U.S. Census Bureau Tuesday show that homeownership has hit its lowest level since 1995, while a separate release reveals the strongest across-the-board price gain since 2006 -- the suggestion being the U.S. is drifting away from an “ownership society” and toward a “country of renters.”

  • No rate hike until 2015, says Budget Officer by Christopher Myrick

    Cheap money and low interest rates are likely to remain for another couple of years, Canada’s Parliamentary Budget Officer said in an economic forecast Monday, offering more bearish sentiment than the Bank of Canada.

  • Three myths about insurance and renos by CREW online

    Insurance myths abound, according to a new consumer survey, and that ignorance can have pretty dire consequences for investors and other property buyers who are in the midst of renovating or have already paid the price, so to speak.

  • Small-town Canada trounces urban price growth by Christopher Myrick

    While talk of overheated markets focuses on major cities, data issued by StatsCan show the strongest price growth between 2006-2011 was outside the country's census metropolitan areas (CMAs).

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