“Consumers need to bear in mind that when they ‘move home’ the price of the home is only part of the cost,” said Gregory Klump, Chief Economist for the Canadian Real Estate Association (CREA). “They will be spending more — on furnishings, appliances and more.”
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After a landmark overhaul of federal credit laws, there’s still lots of work to be done, including getting more consumers to check their credit report.
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What’s a home really worth? Not emotionally or psychologically, but in cash, today, at this moment?
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