It appears that escalating housing prices have finally caught up with Vancouver
As expected, the Bank of Canada held its overnight rate at 0.75 per cent Wednesday, but it also commented on the state of the economy.
Although it wasn’t quite unanimous, brokers have come to a consensus about what move the Bank of Canada will make later today.
A new condo trend is currently underway in Toronto, creating questions that have yet to be answered for owners, brokers, and agents.
Donald Trump’s top advisor is incredibly bullish on Canada’s housing market – but only in the long-term.
Brokers can expect stable housing markets for the rest of the year with starts expected to moderate in 2015 and 2016 according to the Canada Mortgage and Housing Corporation (CMHC).
The hundreds of industry professionals attending this year’s Canadian Mortgage Awards got in on the action by live-Tweeting the event – and these are some of the highlights.
Brokers can officially breathe a sigh of relief regarding mortgage rule tightening, according to the Finance Minister. At least for now.
It was a bold – and disputed -- claim when he first made it over a month ago, but one former BoC advisor is once again predicting rates will drop to zero.
Confident condo investors believe the good times will roll on in these two major markets.
The Bank of Canada will announce its latest decision on interest rates this Wednesday morning at 10am but analysts are fairly united on their forecasts.