The final Bank of Canada announcement for 2023 has arrived. For the fifth time this year, the Bank of Canada has opted to maintain its overnight rate at 5%. Will this trend continue into 2024 and beyond until inflation is closer to their target of 2%? Many are making this prediction, however, only time and […]
It should come as no surprise that many Canadians are watching the current mortgage and housing conditions like a hawk. Our alignment with Mortgage Professionals Canada allows us to bring you current housing and mortgage market trends designed to give you key insights to help you better plan and succeed with all things real estate.
Twelve dollars for grapes? O.K. maybe not yet, but many people are feeling frustration, anxiety, and lots of other emotions about inflation. So what better time than now to provide a housing and market update. This is where we offer a review of the latest housing and economic data and rate trends. We’ll break down […]
This is the time of year when everyone in the real estate world makes bold predictions of what the road ahead looks like for 2022. What are the interest rate projections for those looking to get into the housing market for the first time, and of course, for those who already have a mortgage that […]
One of the big questions on everyone’s mind lately seems to be how to plan for the rising costs of living. What is the true economic outlook, where are interest rates headed, and should Canadians brace for impact sooner rather than later?