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Home Prices Sink, Sales Plunge in Toronto
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Home Prices Sink, Sales Plunge in Toronto

March 16th, 2018 | by Richard Paul
Homeowners who bought a year ago are down C$110,000 on average.  Home sales in the Greater Toronto Area, Canada’s largest housing market, plunged 35% in February compared to a year ago, to 5,175 homes. The plunge in volume was...
There’s No Plateau in a Housing Bubble, Not Even in Canada
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There’s No Plateau in a Housing Bubble, Not Even in Canada

October 14th, 2016 | by Richard Paul
  Vancouver in turmoil, Toronto spikes. Canadian house prices jumped 11.7% in September from a year ago, according to The Teranet–National Bank National Composite House Price Index released today. But the index papers...
The Amount Of Stuff Being Bought, Sold And Shipped Around The U.S. Hits The Lowest Level In 6 Years
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The Amount Of Stuff Being Bought, Sold And Shipped Around The U.S. Hits The Lowest Level In 6 Years

June 24th, 2016 | by Richard Paul
When less stuff is being bought, sold and shipped around the country with each passing month, how in the world can the U.S. economy be in “good shape”?  Unlike official government statistics which are often based largely on...
Something Big That Always Happens Right Before The Official Start Of A Recession Has Just Happened
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Something Big That Always Happens Right Before The Official Start Of A Recession Has Just Happened

June 6th, 2016 | by Richard Paul
What you are about to see is major confirmation that a new economic downturn has already begun.  Last Friday, the government released the worst jobs report in six years, and that has a lot of people really freaked out.  But...
“Couple with more than $250,000 in cash needs to invest or their savings will shrivel”
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“Couple with more than $250,000 in cash needs to invest or their savings will shrivel”

May 27th, 2016 | by Richard Paul
There comes a day, like today when you read such a headline and wonder who in the heck has $250,000 cash in their savings account? When in fact Canadians are the highest indebted people in the world. ( well, in the G-7 that is)...