As Fall draws to a close and the new year approaches, plenty of industry experts are making predictions about what 2019 will have in store for the Canadian housing market. This year saw housing activity take a major plunge, following the introduction of stricter mortgage qualification rules in January. While sales and prices have warmed up since then, there are still several factors that could rein in the market come 2019. Here are some predictions for what the market might look like in... [read more]

WHY HIGH CANADIAN HOUSEHOLD DEBT IS MANAGEABLE Canadian household debt has swollen to record highs during a period of low mortgage rates, but an economist with Canada's sixth-largest bank says the debt level is "manageable". "Analysts often raise alarm bells by pointing to measures such as debt-to-disposable income. But as we often caution, comparing a stock variable such as debt to a flow variable such as income has its limitations," writes Krishen... [read more]