Interest rates

Home sales

CondoBusiness

Report warns against tightening mortgage rules

In a report released June 28, Will Dunning, Mortgage Professionals Canada’s chief economist, warned against further tightening mortgage lending conditions in Canada, saying it would significantly
bankofCanada

REMI Network

Stalled economic growth worries central bankers

Bank of Canada Governor Stephen Poloz suggests the economy is now on two distinct growth tracks, but acknowledges that hits in the resource sector ripple out to other industries.
bankofCanada

REMI Network

Key interest rate holds at 0.75 per cent

The Bank of Canada reports an easing of national financial conditions since a surprise downward adjustment in the key interest rate six weeks ago, and plans
5474211395_8fd5618d0e_b

CondoBusiness

Housing affordability declines in Q4 2014: RBC

The latest Housing Trends and Affordability Report from RBC Economics found that the Canadian home ownership dream became slightly less affordable in the fourth quarter of 2014. Between November and December of last year, resale activity fell 5.6 per cent, the sharpest month-over-month decline recorded in four and a half years.
bankofCanada

REMI Network

Interest rate cut should benefit real estate

Real estate is positioned prominently among industries likely to benefit from the Bank of Canada’s interest rate cut announced with today’s release of the quarterly