Even as the Bank of Canada’s rate cuts make headlines, affordability challenges continue to squeeze Gen Z and younger millennials from both sides: rising rents and record-high housing…
Read more Gen Z housing hacks for the return-to-office era – MoneySenseThe AI boom is bringing a wave of startups to San Francisco, and employees are receiving generous benefits in one of the country’s priciest housing markets. Roy Lee,…
Read more AI startups are leasing luxury apartments in San Francisco for staff and offering large rent stipends to attract talent | FortuneIt pays less and less to buy and flip a home these days. From April through June, the typical home flipped by an investor resulted in a 25.1%…
Read more Now is the worst time to flip a home. It hasn’t been this bad in nearly two decades | FortuneIn the company’s fall economic outlook released Thursday, it forecasts the central bank’s interest rate will fall to 3.75% by the end of this year and a neutral…
Read more Deloitte Canada predicts more economic growth, benchmark rate below 3% in 2025 – MoneySenseBut if you have some flexibility around where to live, there are cities and neighbourhoods in Canada where homes can be had for less than seven figures—lots of…
Read more Where to buy a home for under $1 million in Canada – MoneySenseIt sounds like you sold or are planning to sell a property in the U.S., Bob. To cut to the chase, selling costs, like a realtor commission, would…
Read more When are costs for a U.S. property tax-deductible in Canada? – MoneySenseThe average 30-year fixed mortgage rate reached 7.50% this week, the highest all year. It’s because of a “hotter-than-expected inflation report and the Fed’s confirmation that interest rate…
Read more The cost of owning a home is officially the highest on record, Redfin says. Here’s how bad it is out thereFollowing a painful year for the housing market that saw mortgage rates shoot up to just over 8% after years of historically low rates, monthly mortgage payments have…
Read more There’s a flicker of life in the housing market as average mortgage payments plummet nearly $400 over 2 months and buyers start to stir again, Redfin saysHome buyers still active. (Photo by Tim Boyle/Getty Images) Getty Images Housing has become increasingly expensive. According to the National Association of Realtors, mortgage rates on average have…
Read more Inflation Fears Explain A Seeming Housing Market MysteryThis housing market has Bank of America economists in a Shakespearean mood about the eternal debate: The slings and arrows of buying versus renting. In a recently released…
Read more ‘To buy or not to buy, that is the question’: BofA reveals rent is cheaper than mortgages in all but two of 97 major metrosThe math isn’t mathing. Hopeful homebuyers earnings just aren’t adding up to the cost of housing—leaving people desperate to break into the market. You don’t expect to hear…
Read more Housing math just isn’t mathing, a Fed president says, ripping into NIMBYism and homes that are ‘increasingly unattainable for too many workers’When Emily Blake moved to Los Angeles from North Carolina, she lived in a two-bedroom apartment. She doesn’t remember how much her rent was; all she knows is…
Read more A couple in L.A.’s film industry make over $100k combined but have given up hope of buying a house: ‘It’s impossible if you’re not rich’
