Here’s why Canadians are entering the ugly stage of the normal economic cycle
Peter Watson discusses the challenges facing homeowners in the softening real estate market. The real estate market is getting soft, and many challenges lie ahead for homeowners. We notice that houses listed for sale do not sell or take significantly longer to sell than normal. Some homeowners are selling because they are having financial problems. […]
Tough Times Ahead for Homeowners
Homeowners face significant financial risks magnified by US tariffs, writes Peter Watson. The immediate financial risk facing many families is their home. For the last half century homeownership was the best investment many families made. Most often house prices appreciated and when they did not that unpleasant time was short-lived. It is no secret that […]
Homeownership Affordability is a Major Concern
Affordability of homeownership continues to be a major concern, writes Peter Watson. Many people dream of home ownership; however, the reality of owning a home does not depend on dreams but on simple arithmetic. Some mistakenly think real estate values operate in a similar fashion to that of the stock market. Comparing house values to […]