National Bank : Everything you need to know

National Bank : In the news

• Annual price growth rate at its weakest in a decade – report

  Greater Vancouver’s suboptimal performance was a major factor in this weakness

• Fewer Torontonians are changing addresses compared to a decade ago

  This came amid consistent home price and rental rate growth in the market

• Canadian home price growth rate outstrips several major U.S. cities

  Even markets like Los Angeles and New York City are outpaced by powerhouses Toronto, Montreal, and Vancouver

• National market benefiting from lower borrowing costs, more jobs

  Average housing prices went up for the first time since August 2018

• The inexorable rise of the Chinese demographic in Vancouver

  The group now represents as much as 20% of the city’s residents

• Gun for hire finds a home

  The M3 Group has appointed Mark Squire Chief Operating Officer of VERICO

• Amid slower mortgages, banks’ Q2 numbers defy expectations

  The quarter’s results should still be seen in a more guarded light, however

• BoC announces initiative to take a closer look at HELOCs

  The product type now accounts for over one-tenth of Canada’s total household debt

• Montreal's highest residential building now under construction

  More than 300 residential units have already been sold since sales began last October

• Montreal not dismissing foreign home buyer tax as an option

  Mayor Plante says that the measure will be implemented if it will help ensure long-term affordability