Housing affordability in the Greater Toronto Area (GTA) continued to worsen in January as a severe lack of listings heightened competition between buyers. New data showed home sales dropped 18.2 per cent year-over-year in the month, with 5,636 properties changing hands. Although sales were down across all property types, it...
Equity loans are an option to consider when there are large debt troubles: medical needs, and children to put through college, remodeling work needed or want to invest in new property. Owning a home may seem like a great ticket to manage major money troubles as long as there...
Canadian home sales dropped 5.3 per cent in July, marking the fifth consecutive month-over-month decline in sales volumes, as higher interest rates continued to cool demand, new statistics from the Canadian Real Estate Association showed. July’s percentage decline, however, was the lowest of the five months. The average sale price,...
Competition between financial planners is very intense. They are given lofty goals for attracting new accounts and for increasing the assets managed for their existing clients. Daniel Davis, a new financial planner, was finding the situation very stressful so he turned to a professional coach to help him achieve...
CHICAGO (Reuters) - The Republican tax bill approved by Congress this week will create financial headaches for millions of taxpayers trying to navigate all the new rates and rules. But the legislation now headed for President Donald Trump’s signature also will have this grim impact: thousands of additional,...
As people move through various life stages, their financial goals and priorities change. One thing that remains consistent for many is the challenge that comes with balancing long-term savings goals with short-term needs. Regardless of age or income level, people often make lifestyle choices that affect their immediate financial...
GameStop shares will plunge to around $10-$20 a share by the second quarter of 2021, according to Dan Ushman, founder and chief executive officer of TrendSpider, a trading-software company. Ushman said he believes the price of GameStop will fall by 85%, returning "to where it was before the insanity began."...
Major automakers on Thursday posted a weak finish to the year for U.S. new vehicle sales but remained bullish on the outlook for the economy even as much of the industry braced for what is widely expected to be a worse year in 2019. "Despite recent market turbulence, the data...
The union representing Canadian workers at General Motors says it has reached a tentative agreement after extending negotiations with the automaker. Unifor had set a deadline of 11:59 p.m. on Wednesday to reach a new, three-year labour deal and encouraged members to be prepared to strike if needed. But the union...
Stock Futures Today – Tesla, Palantir, Bitcoin: What to Watch When the Stock Market Opens Today. Here’s what we’re watching as markets kick into gear on Tuesday. —U.S. stock futures slipped as investors awaited Federal Reserve Chairman Jerome Powell’s testimony in Congress on the health of the economy. Futures tied to the...