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January 29, 2021 | The Biggest Housing Bubbles of all Time Hilliard MacBeth Author of "When the Bubble Bursts: Surviving the Canadian Real Estate Crash" The housing bubble has become enormous in these three countries, and when these bubbles burst, it will be very painful. Canada, Australia and New Zealand continue to defy the odds as house prices move further into unaffordable territory. Are these house prices justified?   Source: Bank for International Settlements From 1970 to 2020 New Zealand house prices grew the fastest, going from 100 on the index to about 7,500, growth of 75-fold. The...

"From first-time homebuyers what I'm seeing is a lot of people reaching out, really since the summer, and trying to understand: Is it the right time for them to buy?" said Patrick McKinnon, a sales representative at One Group Toronto Real Estate. "They're seriously considering doing so now while they still have the opportunity …. it is the best time it's been to buy all year." For the group of buyers drawn to entry-level condos, McKinnon says, the conditions are ripe. Buyers, often in their 20s, have an opportunity to live downtown or potentially have a rental property down the line.

Anita Balakrishnan A real estate sold sign is shown in Oakville, Ont., on Sunday, Dec.20, 2020. A topsy-turvy real estate market has opened up new opportunities for first-time homebuyers this year — but those seeking to take advantage still face major hurdles. THE CANADIAN PRESS/Richard Buchan December 30, 2020 - 11:04 AM TORONTO - With mortgage rates at historic lows and price growth tapering in certain markets, the COVID-19 pandemic has presented both opportunities and challenges for first-time homebuyers. New buyers are seeing condo prices come within rea...

Anita BalakrishnanCanadian Press Some stock trading platforms say usership has spiked in 2020, as a whipsawing stock market and more time at home has a growing number of Canadians trying their hand at day trading. “We’ve seen an incredible amount of growth on our platform this past year,” says Kevin Gu, senior product manager at Wealthsimple Trade, an online trading platform. “The pandemic has made active trading popular for a few reasons: people have more time on their hands since being at home, they are thinking about their finances more seriously, and they are excited about the opp...

As thousands of Canadians flock to day trading during lockdown, experts urge caution by Anita Balakrishnan, The Canadian Press Posted Dec 17, 2020 10:26 am EDT Last Updated Dec 17, 2020 at 10:28 am EDT TORONTO — Some stock trading platforms say usership has spiked in 2020, as a whipsawing stock market and more time at home has a growing number of Canadians trying their hand at day trading.  “We’ve seen an incredible amount of growth on our platform this past year,” says Kevin Gu, senior product manager at Wealthsimple Trade, an online trading platform.  “The pandemic has made acti...