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Paul DeAdder | Real Estate Sales Representative Serving 
Halifax & Surrounding Area | Sutton City Realty Inc., Brokerage

canadian households News and Articles | My Blog

Where are the most mortgage-free homeowners in Canada?

5/30/2024 | Posted in Home Owners by Paul DeAdder

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A recent study on Statistics Canada data shines light on trend

... More

There's a common theme among Canadians overwhelmed by debt

2/6/2024 | Posted in Financial Health by Paul DeAdder

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Further analysis of the latest Canadian insolvency stats reveal some revealing elements that typically connect those whose finances have got too much for them.

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Housing affordability has improved but there's no quick fix, says RBC

9/29/2023 | Posted in Canada Living by Paul DeAdder

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Millions of Canadians want to achieve their dream of homeownership, but affordability remains out of reach for many, and changing that will be a slow journey according to ... More

Household debt levels set new record high in Q2

9/4/2023 | Posted in Financial Health by Paul DeAdder

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Higher living costs are pushing more and more Canadians into debt, according to a new report.

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Rising mortgage interest costs now biggest factor driving inflation - and they're not done yet

6/28/2023 | Posted in Canada Living by Paul DeAdder

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Inflation cooled on a month-over-month basis in May, but one factor that has been unrelenting in driving the consumer price index higher is mortgage interest costs — and ... More

Housing affordability in Canada just saw the biggest improvement in almost 4 years

6/3/2023 | Posted in Canadian Housing Market by Paul DeAdder

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Stable interest rates and a continued cooling in home prices helped give housing affordability in Canada its biggest jump in almost four years in the first quarter of 2023, ... More

Canada braces for higher mortgage defaults

4/21/2020 | Posted in Canadian Economy and Housing Market by Paul DeAdder

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Rising unemployment and high debt is expected to boost mortgage loan delinquencies in Canada, though experts say it won’t play out like the U.S. subprime mortgage crisis ... More

Canadian Household Borrowing Jumps By 31%, StatCan Says

12/16/2019 | Posted in Financial Health by Paul DeAdder

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Canadians' borrowing habits are back to where they were before policymakers cooled off the housing market. Lower interest rates are convincing some to borrow more.

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2020 TFSA limit announced

12/3/2019 | Posted in Canada Living by Paul DeAdder

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Contribution room accumulates beginning in the year in which a person turns 18

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Bank of Canada announces interest rate decision

10/30/2019 | Posted in Interest Rates by Paul DeAdder

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The Bank of Canada (BoC) announced today that it would keep the overnight rate at 1.75%.

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Canadians' wealth reduced as real estate gains are erased

9/19/2019 | Posted in Canadian Economy and Housing Market by Paul DeAdder

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The average Canadian household was worth less in 2018 than in the previous year.

... More

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