Better Dwelling - Canada’s Fastest Growing Real Estate News Source
6 days ago · Canada’s central bank is still trying to reel in the mass liquidity injections it made in 2020. A new report from National Bank of Canada (NBF) explains they see quantitative tightening (QT) making progress in 2025.
Canada Needs To Prepare For Bank Runs & Collapses, Warns …
Oct 11, 2024 · Canadian banks have been considered mostly risk-free for a long time, but every streak ends. A former Canadian banking regulator urges the country’s policymakers to prepare for that day while it still can. In a new report from CD Howe, a former OSFI manager urges the country to modernize its banking crisis response and adopt […]
Canadian Loonie Forecast To Remain Weak, Bad News For Home …
Dec 10, 2024 · Canada’s weak dollar may be good news for foreign capital but bad news for the cost of living. The loonie has plunged against the US dollar in recent months, and it’s unlikely to improve soon. Currency weakness has been a blow to manufacturers of complex and expensive goods like housing, which have seen input costs […]
Better Dwelling - Page 333 of 333 - Canada’s Fastest Growing Real ...
Mar 23, 2016 · Canada’s fastest growing real estate news site. Featuring the latest in Toronto and Vancouver real estate news, listings, and opinions.
Toronto Mortgage Delinquency Rate Hits A 9 Year High
Jan 2, 2025 · Toronto real estate just got another sign that it entered one of its roughest markets ever. Equifax data shows the Greater Toronto mortgage delinquency rate climbed again in Q2 2024. Just two years after hitting a record low, the rate is now climbing at one of the most aggressive paces in history, hitting a 9 year high in the latest data.
Bank of Canada Makes Supersized Cut, Fears Immigration Shift …
Dec 11, 2024 · Canada’s central bank announced another “supersized” rate cut this morning, as widely expected by the market. The Bank of Canada (BoC) overnight policy rate was slashed to 3.25% after being trimmed by a 50 basis points (bps) drop. This marked the fifth consecutive cut to the rate, and the second supersized cut—a move typically only reserved for economically devastating emergencies.
Canadian Mortgage Rates To Rise, Housing Unaffordable Until …
Nov 27, 2024 · The decline in fixed-term mortgage rates is forecast to stall around this level before climbing. “ The average five-year conventional mortgage rate has already dropped around 100bps from its peak in late 2023 to 5.4% in October 2024.
Toronto Real Estate Prices Rise Despite Unusually High Inventory
Dec 4, 2024 · Greater Toronto real estate buyers are returning, but the market has a long way to go. Toronto Regional Real Estate Board (TRREB) data shows that both sales and home prices climbed in November. The positive market news is overshadowed by the unusually lofty levels of inventory that continue to rise. Rising prices demonstrates FOMO is […]
Greater Vancouver Real Estate Sales Surged… So Did Inventory
Dec 10, 2024 · Greater Vancouver real estate might be ready to wake from its slumber. Greater Vancouver Realtors, the board formerly known as REBGV, data shows the price of a typical home halted declines in November.Despite a 5-figure monthly decline just a few weeks prior, a sudden surge of sales helped to boost buyer sentiment.
Canadian Real Estate Markets Overheat (Again), Government Cities ...
Dec 27, 2024 · Back in October, government workers were ordered back into the office to bolster real estate demand. A month after most workers were ordered back, real estate markets have re-entered overheated territory. Canadian Real Estate Association (CREA) data shows the sales to new listings ratio (SNLR) increased in November. This time the rally is driven by […]