Is Another Global Housing Bubble Set To Burst?

Bankers are warning that house prices are too high despite years of correction since the credit crunch – and that another bubble may burst pushing the global economy off course again. The problem, say experts as Swiss bank UBS, is that a bubble is only spotted on bursting but if historic events that led to […]

Tax Man’s Axe May Fall On Canada QROPS

Canada Qualifying Recognised Overseas Pension Schemes (QROPS) look like the next contenders to bite the dust in the British tax man’s clear out of offshore pension schemes that pay out to the under 55s. Most Canada QROPS have few age restrictions allowing retirement savers to cash in their funds when they like. This contravenes the […]

Mortgage Change Slows Canada Housing Market

House prices are rising in Canada – but fewer homes are selling, according to the latest figures from estate agents Royal LePage. Statistics for the last quarter show average house prices for two-storey homes were up 4% year-on-year to CAN$403,747. Detached bungalows increased 4.8% to $366,773, while standard condos rose 1.8% to $243,607. Most cities […]