1/3/2025 | Posted in Canadian Economy and Interest Rates by Becky Lu-Do
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Economists at Canada’s major banks don’t expect interest rates to move quite as dramatically in 2025 as they did in 2024, but they still see various sources of ... More
1/2/2025 | Posted in Canadian Housing Market by Becky Lu-Do
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It’s been a rough few years for Canadians looking to break into home ownership as unaffordability issues persist across the country.
... More 11/25/2024 | Posted in Canadian Housing Market by Becky Lu-Do
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Rate cuts offered stability, but economic risks and high mortgage rates keep recovery uncertain.
... More 10/15/2024 | Posted in Canadian Housing Market by Becky Lu-Do
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Following the Bank of Canada's third interest rate cut of the year, national home sales increased slightly in September compared to August. This follows a similar pattern ... More
10/10/2024 | Posted in Canadian Housing Market Predictions by Becky Lu-Do
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Royal LePage’s latest housing market forecast predicts a real estate rebound that will see Canada’s “sluggish” markets in recovery mode by spring ... More
10/8/2024 | Posted in Government and Regulation by Becky Lu-Do
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The federal government is rolling out another set of mortgage changes aimed at addressing the housing shortage, this time focusing on supporting the construction of secondary ... More
9/26/2024 | Posted in Home Owners by Becky Lu-Do
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Canada’s banking regulator is easing the burden on homeowners trying to switch their lender when renewing their mortgage by dropping the need to reapply the stress ... More
9/13/2024 | Posted in New Developments by Becky Lu-Do
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The total value of building permits surged by 22.1% month-over-month to $12.39 billion in July 2024, far exceeding market expectations of a 2.5% increase, following an upwardly ... More
9/12/2024 | Posted in Canadian Economy and Interest Rates by Becky Lu-Do
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One of the country’s biggest lenders says the Bank of Canada will accelerate the pace of monetary easing in order to stave off recession.
... More 9/4/2024 | Posted in Canadian Economy and Interest Rates by Becky Lu-Do
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The Bank of Canada has cut its policy rate by a further 25 basis points in its September decision, marking a third consecutive move to bring rates lower.
... More 9/3/2024 | Posted in Canadian Housing Market Predictions by Becky Lu-Do
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Interest rate cuts should spark buying activity says RE/MAX Canada
... More 9/3/2024 | Posted in Interest Rates by Becky Lu-Do
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The Bank of Canada is widely expected to deliver a third consecutive interest rate cut on Wednesday as inflationary forces continue to cool on both sides of the Canada-United ... More
8/20/2024 | Posted in Canadian Economy and Interest Rates by Becky Lu-Do
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Inflation is continuing to ease, leaving the door open to another Bank of Canada rate cut in September, economists say.
... More 8/15/2024 | Posted in Canadian Housing Market by Becky Lu-Do
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While there were early signs of renewed momentum in June following the Bank of Canada’s first interest rate cut since 2020, activity in Canada’s housing market took ... More
7/12/2024 | Posted in Canadian Housing Market by Becky Lu-Do
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Activity in Canada's housing market saw some early signs of renewed life in June 2024, following the Bank of Canada's interest rate cut at the beginning of the ... More
5/29/2024 | Posted in Financial Health by Becky Lu-Do
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A new report suggests an increasing number of Canadians are seeing their credit card balances balloon as the cost-of-living crisis and higher interest rates eat into household ... More
4/16/2024 | Posted in Government and Regulation by Becky Lu-Do
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Housing was a key priority in today’s federal budget, though it came as no surprise given the array of housing-related policy announcements unveiled in recent weeks.
... More 4/16/2024 | Posted in Mortgages and Real Estate by Becky Lu-Do
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Canadian regulator cracks down on high-debt mortgages to protect borrowers
... More 4/10/2024 | Posted in Canadian Economy and Housing Market by Becky Lu-Do
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News not all bad as central bank signals possibility of rate relief in June
... More 4/10/2024 | Posted in Canadian Economy and Interest Rates by Becky Lu-Do
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The Bank of Canada (BoC) today announced its key interest rate decision, electing to hold rates steady at five per cent.
... More 4/5/2024 | Posted in Canadian Housing Market by Becky Lu-Do
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The Canada Mortgage and Housing Corp. is forecasting home prices could match peak levels seen in early 2022 by next year and reach new highs by 2026.
... More 4/3/2024 | Posted in Canadian Economy and Interest Rates by Becky Lu-Do
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Economists question their forecasts as inflation expectations challenge anticipated rate cuts
... More 3/14/2024 | Posted in Financial Health by Becky Lu-Do
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Renters face daunting barriers in their attempts to build wealth as they’re forced to devote an increasing share of their income to keeping a roof over their head.
... More 2/29/2024 | Posted in Canada Living by Becky Lu-Do
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The cost of living in Toronto went up nearly 20 per cent between 2017 and 2022 – but that’s less than half the increase seen in the city’s housing prices over ... More
2/29/2024 | Posted in Canadian Housing Market Predictions by Becky Lu-Do
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Home prices in Canada are forecast to gain a bit this year and rise further in 2025 on relentless demand for housing amid scant new supply and prospects for interest rate cuts ... More
2/20/2024 | Posted in Canadian Economy and Interest Rates by Becky Lu-Do
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Canadian consumer prices eased at the start of this year, with progress on underlying pressures likely to give the Bank of Canada more room to start considering rate cuts in ... More
2/6/2024 | Posted in Financial Health by Becky Lu-Do
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Further analysis of the latest Canadian insolvency stats reveal some revealing elements that typically connect those whose finances have got too much for them.
... More 2/5/2024 | Posted in Canadian Economy and Interest Rates by Becky Lu-Do
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Despite push-back from the Bank of Canada against aggressive rate-cut predictions, a majority of influential economists and analysts still expect rates to start falling by ... More
1/22/2024 | Posted in Canada Living by Becky Lu-Do
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Canada’s pace of population growth continues to set records as the country brings in a historic number of temporary residents, largely through international student and ... More
1/19/2024 | Posted in Interest Rates by Becky Lu-Do
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The Bank of Canada is likely to leave its overnight rate unchanged in its first decision of 2024, according to new forward guidance by the Royal Bank of Canada.
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