Economist Benjamin Tal believes that if market expectations are accurate, the Bank of Canada could raise its key interest rate at least six times next year.
Homeobuyers need to prepare for rate hikes warns CIBC’s Tal Read More »
Demand for Fraser Valley real estate remained solid in October with overall sales the third highest on record.
FVREB October Stats Read More »
As the state of home affordability worsens across the country, data recently released by CIBC shows parents are gifting increasingly more money to their kids to help with first home purchasing.
Parents gifting unforeseen amounts to first-time home buyer kids Read More »
CMHC data indicates residential mortgage debt grew in the first half of this year, to levels we haven’t seen in nearly a decade.
Mortgage debt mounting quickly Read More »
Canada’s inflation rate reached an almost twenty-year high, as it rose from 4.1 per cent in August to 4.4 per cent in September.
Inflation hits almost twenty-year high Read More »
Canadian residential real estate prices are rising at the quickest pace in the entire G7.
Canada leading G7 in price growth Read More »
Demand for Fraser Valley real estate remained robust in September. While overall sales decreased compared to August, total sales reached the second‐highest levels for the month of September in the 100‐year history of the Board.
FVREB September Stats Read More »
The country’s usual steady population growth has been dramatically decelerated by COVID-19, as border closures halted immigration, said Statistics Canada.
Canada’s population growth slowed amid pandemic Read More »
In a report released yesterday, the CMHC elevated its housing market risk assessment from moderate to high.
CMHC raises risk assessment in new report Read More »
According to the US Federal Reserve exuberance index, Canada is one of only two G7 countries classified as an exuberant market.
Canada’s housing bubble second longest running in world Read More »
