Every week we share news stories, blog articles and other interesting stuff from around the web that received the most views, shares, comments and overall interest on various KeatsConnelly social media outlets. This week we offer a mix of articles discussing auto sales, Canadian real estate and rainy day funds.
Automakers report double digit sales gains in August (www.advisor.ca)Toyota, Ford, Nissan, Chrysler and General Motors all reported double-digit U.S. sales gains last month as strong sales of pickup trucks and small cars led the industry toward its best month in six years…
Canada’s two largest real estate markets surge in August (www.bloomberg.com) Home sales in Canada’s largest real estate markets continued their surge in August from a year earlier.Sales in Toronto, the largest market, rose 21 percent from August last year to 7,569 units, the Toronto Real Estate Board said in a statement today, with average prices gaining 5.4 percent. Vancouver existing home sales rose 52 percent, that city’s real estate board said yesterday…
Most rainy day funds don’t cover emergencies (www.advisor.ca) The third-annual BMO Rainy Day survey finds 68% of Canadians have had to use their emergency savings to pay for unexpected expenses.What’s more, 58% didn’t have enough saved to cover the full cost.The survey also found 51% of Canadians have less than $10,000 saved to cover emergencies, and nearly one in five—17%—have less than $1,000…
Come back next week for more interesting news and articles. Enjoy your weekend!