8/16/2022 | Posted in Canadian Housing Market by Kit Blott
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Canada Mortgage and Housing Corp. says the annual pace of housing starts in July edged higher compared with June despite a slowdown in urban starts. ... More
8/9/2022 | Posted in Canadian Economy and Interest Rates by Kit Blott
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A massive rate jump at the central bank’s meeting next month is a near certainty, economists say ... More
8/8/2022 | Posted in Canadian Economy and Housing Market by Kit Blott
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Expand the Bank of Canada mandate, for starters ... More
7/12/2022 | Posted in Canadian Housing Market Predictions by Kit Blott
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CMHC revises down home price forecast over next two years to adjust for interest rate spike. ... More
6/17/2022 | Posted in Mortgages and Real Estate by Kit Blott
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Experts say extending the amortization period for your mortgage could keep your monthly payments in check even as you face higher interest rates, but caution that doing so comes ... More
6/15/2022 | Posted in Canadian Housing Market by Kit Blott
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were down in May 2022. ... More
6/14/2022 | Posted in Interest Rates by Kit Blott
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Bond yields surged to a fresh 14-year high this week, driving expectations that fixed rates are likely to continue rising. ... More
6/14/2022 | Posted in Canadian Economy and Interest Rates by Kit Blott
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The likely deceleration of the housing market would be a welcome effect, Macklem says ... More
6/14/2022 | Posted in Canadian Economy and Housing Market by Kit Blott
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Statistics Canada says the amount Canadians owe relative to their income pulled back in the first quarter from the record level set in the fourth quarter of 2021 as incomes grew ... More
5/3/2020 | Posted in Canada Living by Kit Blott
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Canada is officially in a recession that's been caused by the COVID-19 pandemic, the C.D. Howe Institute's Business Cycle Council declared Friday. ... More
4/21/2020 | Posted in Canadian Economy and Housing Market by Kit Blott
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Rising unemployment and high debt is expected to boost mortgage loan delinquencies in Canada, though experts say it won’t play out like the U.S. subprime mortgage crisis of ... More
3/18/2020 | Posted in Canada Living by Kit Blott
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The Government of Canada is taking immediate, significant and decisive action to help Canadians facing hardship as a result of the COVID-19 outbreak. ... More
3/16/2020 | Posted in Canada Living by Kit Blott
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Prime Minister Justin Trudeau has announced the federal government will close its borders to most people who are not Canadian citizens or permanent residents as part of its ... More
2/27/2020 | Posted in Canada Living by Kit Blott
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In 2018, the median after-tax income of Canadian families and unattached individuals was $61,400. ... More
2/13/2020 | Posted in Rental Market by Kit Blott
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The average rent for a two-bedroom apartment in big cities increased by 3.9%, clocking the fastest growth since 2001. ... More
12/31/2019 | Posted in Canadian Economy and Interest Rates by Kit Blott
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TD economists says the cost of servicing debts should ease early in 2020 ... More
12/18/2019 | Posted in Canada Living by Kit Blott
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There will be growth for the Canadian economy in the next two years as the country avoids recession. ... More
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