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Canada's housing party plays on as world warns of risk

TORONTO (Reuters) - Jeff Lowry and his family left a sedate housing market in Tennessee last year and moved to Canada in the midst of a housing boom, where bidding wars and soaring prices were an unpleasant reminder of his American roots.<p>A sold sign is displayed in front of a house in Toronto in …

Young urban condo buyers: Why not rent instead?

Question for all the young adults buying condos these days: What are you thinking?<p>Rent that little box in the sky and save your money for a house later on. Don't buy something you're going to grow out of in a few years.<p>"When you run the numbers, renting is probably a bit cheaper," said David …

Gold market ‘flash crash’ explanations vary from \’fat finger\’ to \’price manipulation\’

Why rising bond yields take time to benefit banks

After bond yields spiked in the spring, there was hope that Canada's banks would soon get a boost to their bottom lines.<p>For quite a few quarters, the Big Six watched their net interest margins tumble, meaning the difference between the rates at which they borrow and lend money shrank as long-term …

To ease portfolio decisions, focus on these three sectors

Are you sick of trying to pick the stock that will outperform the Toronto equity market? Are you bored just buying an index fund?<p>By making three relatively simple decisions, you can significantly increase your chances of beating the market without spending an endless amount of time evaluating …