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The CBC invited Jivan to discuss the potential of a Real Estate Bubble in Canada, and how there are attempts to cool the housing market. Please click the link to view the interview. If you are looking for information on the Mortgage or Real Estate market feel free to add us to twitter @jivansanghera or […]
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/2 per cent. The Bank Rate is correspondingly 3/4 per cent and the deposit rate is 1/4 per cent. The global economy is expected to regain momentum in the second half of this year and through 2017 and […]
According to statistics released last week by The Canadian Real Estate Association (CREA), national home sales edged slightly higher in September 2016 compared to August. Highlights: - National home sales edged up 0.8% from August to September. - Actual (not seasonally adjusted) activity in September rose 4.2% year-over-year (y-o-y). - The number of newly listed […]
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/2 per cent. The Bank Rate is correspondingly 3/4 per cent and the deposit rate is 1/4 per cent. Global growth in the first half of 2016 was slower than the Bank had projected in its July Monetary Policy […]
According to statistics released this week by The Canadian Real Estate Association (CREA), national home sales declined for a third consecutive month in July 2016. Modern Houses Highlights: • National home sales fell 1.3% from June to July. • Actual (not seasonally adjusted) activity came in 2.9% below July 2015. • The number of newly listed homes rose […]
The trend measure of housing starts in Canada was 201,936 units in July compared to 197,847 in June, according to Canada Mortgage and Housing Corporation (CMHC). The trend is a six-month moving average of the monthly seasonally adjusted annual rates (SAAR) of housing starts. CMHC uses the trend measure as a complement to the monthly […]
The Housing Market Assessment (HMA) analytical framework provides a comprehensive and integrated view that relies on a combination of signals from a number of indicators to assess housing market conditions in several metropolitan areas across Canada, and for Canada as a whole. In this HMA, CMHC is raising its overall assessment for Canada from a […]
