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Canada suffers worst monthly job loss since 2009


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When are we going to see a hard landing on Canada real estate?

Interest rates - being this low the Agents keep telling buyers its a great time to buy!


Having said that, my sister just bought a new place just outside Stoney Creek/Winona (Souther On for those outside the Province/Country) and she has had her closing date changed quite a few times.

In fact she was supposed to be in there this September but they havent even started construction yet. Just not enough units in the complex sold. I believe the latest revised closing date communicated to her would be this coming Feb but i cant see that happening. Purchases are not going to go up in the winter.  I did not see her contract but she told me it contains a provision for the builders to delay the closing date 3 times.

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