Interest rates
CondoBusiness
Larger mortgages a factor in higher home prices: study
Over the past 17 years, Canadians were able to qualify for larger mortgages due to declining interest rates and rising incomes, says the Fraser Institute.
REMI Network
Strong projections for CRE investment in Canada
The Canadian commercial real estate investment market is expected to remain strong despite rising interest rates.
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
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.
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
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.
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