Author Archives: Danielle Park

U.S. consumer credit expanded $18.9 billion in January while retail sales slid 1.9%.As in December, consumers are borrowing to cover basic needs and make ends meet as their interest costs are rising.  No wonder U.S. consumer sentiment is at a … Continue reading →

Average Canadian home prices have increased 40% since the Pandemic began.  For a bit of context, that’s the equivalent of about eight years of the long-term average price appreciation in just two. Still, as unusual as housing gains have been, … Continue reading →

Many believe that home prices will continue to rise year over year on a never-ending stream of able and willing buyers.  This has never been true historically.  Most people borrow heavily to buy real estate, so prices have always followed … Continue reading →