Both household assets and debts are well above pre-pandemic levels, RBC reports
Canada among the biggest gainers in the G20
Buyers from expensive markets are drawn by the city’s lower prices and laid-back lifestyle
The greatest increases were in smaller urban markets
The average selling price rose nearly 18% compared to the prior year
‘Grim’ outlook for buyers as higher interest rates will add to costs
Freeland directed to raise taxes on banks and insurers, introduce 15% minimum tax on high earners
A recent court case illustrates the taxpayer troubles that can arise when selling a residence
Housing sales will moderate next year, but prices aren't expected to ease
Savings rate drops as consumption growth outpaces income gains