Home Economics newsletter: The 'computer-age take' on traditional stop-loss orders, leaning on loyalty rewards as the cost of living surges and how much income you need to afford a home in Toronto or Vancouver personalfinance
If you’re sitting on a ton of loyalty points, now
. A new survey showed an increasing number of Canadians are redeeming loyalty rewards they have accumulated to help mitigate rising prices. On the flip side, higher prices also mean some consumers can rack up points more quickly.Canadians know housing affordability has been on the decline for many years now, but data from Ratehub.ca paints a bleak picture for prospective homebuyers in Toronto and Vancouver.
. Also being impacted are older students, who may have taken time off work or scaled back their hours to go back to school, only to be faced with an unexpected surge in living expenses.One Toronto-area real estate broker says there is an increasing number of would-be sellers that are opting to take their home off the market as prices continue to fall. Realosophy’s John Pasalis tells BNN Bloomberg there are three general reasons why a homeowner might delist their property.
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