Canadian home prices have been slowly trending upwards for the past few months, with plenty of industry speculation about what
National housing starts fell for the third consecutive month in October, in what some industry experts are calling a further
Canada’s steady trend of economic strength might justify even further hikes in the BoC’s interest rates, according to observers. The
A benchmark of sustainability performance by real estate companies and funds across North America has found an improved level of,
Workers in three Canadian provinces are entitled to a higher minimum wage from today (Oct 1, 2018). Albert’s $15.00
Interest rates, and more specifically the growing certainty of higher rates to come, have been dominating headlines following the announcement
Canada’s housing affordability is at its worst level since 1990 and its going to get worse. A newly report from
Ever since the introduction of a new mortgage stress test in January, Canadians’ mortgage debt levels have been on the
A strategic partnership between insurance and tech firm Valeyo and credit information provider Equifax has been announced.
The Canadian economy is showing cracks in its foundation and, beginning with turmoil in Alberta, they will reverberate through the coming year.
Three interest rate hikes in 2019 — that’s what economists have been predicting for months, as part of the Bank of Canada’s ongoing strategy to keep the country’s inflation levels in check. But, according to one economist, that plan may have changed.
Canada’s new construction housing market could be hitting a wall, thanks to higher interest rates: TD
There was a slight increase in Canadian housing starts in November, the second month of strong activity for the homebuilding sector. But according to economists, the solid performance could hit a wall in 2019.
“Calling it a rate hold would clarify what it is: An initial pact, but not an approval.”
Mortgage stress test vs. high interest rates: which has impacted the Canadian housing market more?
The rising interest rate environment has induced disquiet in homeowners, but there appears to be good news for mortgage holders due for renewal in 2019.
The Canadian government should begin to ease on the much-tightened mortgage regulations introduced at the beginning of this year, as these rules have already fulfilled their mandate of moderating housing markets.
Consumer confidence among Canadians has reached a 12-month low, with grimmer expectations surrounding the economy and real estate prices, according to the latest poll conducted by Nanos Research Group for Bloomberg.
CIBC Economics says that it may be necessary for the BoC to ease back from its confident stance of increasing rates to a 2.5-3.5% range, a range that CIBC believed was too aggressive even then.
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