This is How Much Canadian Condo Prices Differed Across Markets in 2018 Q4 [National Bank Housing Affordability Monitor]

This is How Much Canadian Condo Prices Differed Across Markets in 2018 Q4 [National Bank Housing Affordability Monitor]

In the final quarter of 2018, Canadian housing affordability worsened for a 14th consecutive quarter, found economic research from the National Bank Housing Affordability Monitor. Using data from the Teranet-National Bank House Price Index, National Bank Deputy Chief Economist Matthieu Arseneau and Economist Kyle Dahms released a quarterly report on…

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Predicted Changes to the Canadian Housing Market in 2019

Predicted Changes to the Canadian Housing Market in 2019

Last year in 2018 we saw many changes to the Canadian housing market. Now that 2019 is here, what will this year bring? We’re breaking down real estate predictions for the year ahead. Here’s what’s on our radar: 1. Interest Rate Increases In 2018, we saw Canadian interest rates rise…

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Bank of Canada Overnight Rate Increases to 1.75%

Bank of Canada Overnight Rate Increases to 1.75%

The Bank of Canada overnight rate has gone up to 1.75% after an October 24, 2018 announcement. This is the fifth interest rate increase since July of 2017, and the third in 2018. The Bank of Canada (BOC) cited robust U.S. and Canadian economies and the new US-Mexico-Canada Agreement (USMCA)…

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