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Did Real Estate Really Under-perform The Stock Market?
Every so often, someone sends me an article making the case that real estate isn’t a great investment compared to the stock market.The latest one came from the Globe and Mail. It argues that Canadian home prices haven’t grown as much as the stock market — specifically the S&P/TSX Index — since the 1980s. The
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CMHC Abandons 2004 Affordability Benchmark – What That Means for Canada’s Housing Outlook
The Canada Mortgage and Housing Corporation (CMHC) has officially revised its long-standing housing affordability benchmark, quietly marking the end of any policy ambition to return to the affordability levels of 2004.According to its new report, CMHC will now use 2019 as the baseline year for housing affordability going forward. The change is more than symbolic
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The Bank of Canada Hit Pause — But Here’s What That Really Means for Rates, Housing, and the Economy
This week, the Bank of Canada (BoC) held its key interest rate steady at 2.75%. That’s the headline. But if you stop there, you’ll miss the bigger story — one that affects not only your mortgage rate, but also the future of housing affordability and the broader economy.Let’s break it all down in plain language.1.
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2025: What Lies Ahead for the Real Estate Market?
2025: What Lies Ahead for the Real Estate Market?As the real estate industry steps into 2025, one question looms large: Will this be the year the market rebounds, or will challenges continue to cast uncertainty over the sector? After two years of record-low activity, there are reasons to believe 2025 could finally bring the long-awaited recovery.
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Canada’s Plan for ‘Fair Housing’ Could Hurt Existing Homeowners
As a homeowner, your property is likely one of your most significant investments. However, recent discussions around potential housing policy changes by our federal government, under the banner of “Fair Housing,” could alter the landscape of the Canadian housing market in ways that directly impact you. These changes are being driven by a push to
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The Real Reason for the New 30-Year Amortization Mortgage
Last week, I wrote about the looming Condo Crisis and the increased risks the Big 5 banks have taken on. Today, Canada is rolling out 30-year mortgages to “help” first-time buyers get into the market. But what’s the real story here? Hint: It’s not about making homes affordable. But why offer this only to first-time home buyers
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Understanding the Impact: Are Regulatory Choices Serving Banks Over Homeowners?
Personalize Your Blog Reading ExperienceChoose your preferred content version The Essentials Comprehensive Advanced Current Reading Level:Comprehensive Introduction:The landscape of Canadian homeownership has been experiencing tectonic shifts, primarily influenced by critical decisions from the Bank of Canada (BoC) and regulatory authorities. Intended to steady economic scales and rein in rampant inflation, these choices have had complex
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The Subtle Art of Economic Balance: Decoding the Bank of Canada’s Quantitative Tightening Strategy
Personalize Your Blog Reading ExperienceChoose your preferred content version The Essentials Comprehensive Advanced Current Reading Level:Comprehensive IntroductionIn the intricate ballet of economic strategies, interest rates have traditionally taken center stage, captivating audiences with their clear, sweeping impacts. But there’s a subtle performer moving in the shadows, one that the Bank of Canada is increasingly turning
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Why the Stock Market’s Downturn Could Be a Silver Lining for Mortgage Rates
Personalize Your Blog Reading ExperienceChoose your preferred content version The Essentials Comprehensive Advanced Current Reading Level:Comprehensive IntroductionNavigating the financial landscape can be a daunting task, especially when markets behave unpredictably. Recently, we’ve witnessed a shake-up in the stock market and a rise in bond yields, stirring up discussions across Canada and the U.S. But there’s