8/7/2024 | Posted in Canadian Economy and Housing Market by Sarah Morrison
SHARE
The Bank of Canada sees less risk of housing market overheating due to affordability issues.
... More 4/10/2024 | Posted in Canadian Economy and Housing Market by Sarah Morrison
SHARE
News not all bad as central bank signals possibility of rate relief in June
... More 12/8/2023 | Posted in Canadian Economy and Housing Market by Sarah Morrison
SHARE
Canada’s banking regulator today announced no change to the amount of capital banks must keep on hand to cover potential future losses.
... More 12/4/2023 | Posted in Canadian Economy and Housing Market by Sarah Morrison
SHARE
US 'drives the bus' on long-term interest rates – but BoC likely to push ahead with cuts, suggests economist
... More 4/21/2020 | Posted in Canadian Economy and Housing Market by Sarah Morrison
SHARE
Rising unemployment and high debt is expected to boost mortgage loan delinquencies in Canada, though experts say it won’t play out like the U.S. subprime mortgage crisis ... More
3/28/2020 | Posted in Canadian Economy and Housing Market by Sarah Morrison
SHARE
Canada’s largest banks are fielding a deluge of requests to defer payments on mortgages as businesses suffer from efforts to curb the spread of the new coronavirus and ... More
3/19/2020 | Posted in Canadian Economy and Housing Market by Sarah Morrison
SHARE
A measure of Canada’s consumer confidence has reported its biggest drop ever amid the COVID-19 pandemic.
... More 3/17/2020 | Posted in Canadian Economy and Housing Market by Sarah Morrison
SHARE
The Canadian government has announced a further measure to mitigate the impact of the COVID-19 crisis and to help maintain stability in the financial system.
... More 2/3/2020 | Posted in Canadian Economy and Housing Market by Sarah Morrison
SHARE
Economy nudged higher in the latest monthly stats, helped in part by the real estate and construction industries.
... More 9/19/2019 | Posted in Canadian Economy and Housing Market by Sarah Morrison
SHARE
The average Canadian household was worth less in 2018 than in the previous year.
... More 8/2/2019 | Posted in Canadian Economy and Housing Market by Sarah Morrison
SHARE
Here’s a look at how lower rates south of the border could ripple through our country, according to five experts.
... More 5/22/2019 | Posted in Canadian Economy and Housing Market by Sarah Morrison
SHARE
Canada should hold off on changes to make homebuying more affordable but should speed up efforts to reduce trade barriers within its borders, advises the International Monetary ... More
3/10/2019 | Posted in Canadian Economy and Housing Market by Sarah Morrison
SHARE
Residential investment is falling, and that's a clear sign of hard times in Canada's economy, the Bank of Montreal says.
... More 1/2/2019 | Posted in Canadian Economy and Housing Market by Sarah Morrison
SHARE
As we head towards 2019 with a weakened Toronto housing market and a Vancouver market in free fall, many sense this may be the year the house prices will go ... More
12/19/2018 | Posted in Canadian Economy and Housing Market by Sarah Morrison
SHARE
Canada’s economy will slow down in 2019 with consumer spending impacted by weaker employment, cooling house prices, high levels of debt, and rising interest rates.
... More 12/18/2018 | Posted in Canadian Economy and Housing Market by Sarah Morrison
SHARE
The slowdown in Canada’s housing market is likely to weigh on the economy according to a new report from CIBC Economics.
... More 12/17/2018 | Posted in Canadian Economy and Housing Market by Sarah Morrison
SHARE
The prospect of interest rate hikes is particularly daunting for residents of Toronto and Vancouver—two cities with debt levels well above the national average.
... More 12/7/2018 | Posted in Canadian Economy and Housing Market by Sarah Morrison
SHARE
Rising interest rates and new mortgage rules have finally forced an end to years of rapid lending, according to the latest data from Bank of Canada.
... More 11/2/2018 | Posted in Canadian Economy and Housing Market by Sarah Morrison
SHARE
The benchmark rate set by the central bank is called the overnight rate and it’s now at 1.75 per cent, up from 0.5 per cent in the summer of 2017.
... More 10/30/2018 | Posted in Canadian Economy and Housing Market by Sarah Morrison
SHARE
Consumer spending is expected to slow as Canadians spend more on the interest on their debt.
... More 10/22/2018 | Posted in Canadian Economy and Housing Market by Sarah Morrison
SHARE
By 2023, the number of millionaires in Canada is expected to rise 54% to nearly 2 million people
... More 10/2/2018 | Posted in Canadian Economy and Housing Market by Sarah Morrison
SHARE
Canada’s economy faces a major risk through the next three years from how debt-laden consumers cope with higher interest rates, according to economists from three of the ... More
9/6/2018 | Posted in Canadian Economy and Housing Market by Sarah Morrison
SHARE
Moody's revises its outlook for the Canadian banking system to stable from negative, as the ratings company now sees the Canadian government less likely ... More
8/21/2018 | Posted in Canadian Economy and Housing Market by Sarah Morrison
SHARE
Canadians are becoming more confident in the outlook for the economy, real estate prices, and their finances.
... More 7/12/2018 | Posted in Canadian Economy and Housing Market by Sarah Morrison
SHARE
With debt levels disconcertingly high, there could be ramifications to yesterday’s interest rate hike.
... More 6/27/2018 | Posted in Canadian Economy and Housing Market by Sarah Morrison
SHARE
Analysts are optimistic that the Canadian economy will bounce back soon, bringing with it increased consumer spending.
... More 6/7/2018 | Posted in Canadian Economy and Housing Market by Sarah Morrison
SHARE
Canada's financial system is resilient, according to the Bank of Canada, but high household debt and imbalances in the housing market remain the biggest ... More
4/27/2018 | Posted in Canadian Economy and Housing Market by Sarah Morrison
SHARE
Canadian households, the main driver of the country’s economy for the past decade, are showing signs of spending fatigue.
... More 4/24/2018 | Posted in Canadian Economy and Housing Market by Sarah Morrison
SHARE
The tightened mortgage underwriting rules which came into effect at the start of the year have contributed to a slower start for the Canadian economy.
... More 3/23/2018 | Posted in Canadian Economy and Housing Market by Sarah Morrison
SHARE
Mortgage Consumers Brace Yourselves - Chances of a hike in May rose to 82% after the data came out today.
... MoreThinking of buying or selling a property, or have a question regarding the real estate market? Fill out the form below and I'll get back to you promptly.