The Economist

Global house prices: Location, location, location

House prices are going through the roof. They are rising in 18 of the 23 economies that we track. And in eight of them, prices are increasing at a faster pace than three months ago. Yet there are also weak spots, particularly in Europe. Prices in Spain, which had one of the biggest property bubbles before the crisis, are still falling. They have kept declining in France and Italy too. In contrast, housing markets are buoyant in some northern European countries, notably Britain and Sweden, and especially so in their capital cities .

Toronto Star

Fall house market already gaining steam after summer slowdown in August

Price of homes shows no signs of slowing, with the average selling price hitting $546,303 in August, up 8.9 per cent from last year.

Metro

Separate entrances: Are New York-style ‘poor doors’ here in Toronto already?

In 2018, some residents of the new Aqualina Bayside development on Toronto’s waterfront will enter through one door and other residents — who aren’t as wealthy — will use a different one.

National Post

Canadians taking on more debt, but also getting better at paying it back

Credit monitoring agency Equifax says Canadians racked up more debt in the latest quarter, driven by mortgages and higher instalment loans.