Real Estate News - Canada
On this page you will find snippets of interesting articles on the Canadian Real Estate market. This includes housing sales, unemployment and interest rate trends, and policy measure by the Bank of Canada and government. Enjoy!
Canadian Mortgage Borrowers Received “Over 8,000 Relief Measures”: FCAC
<![CDATA[<p>Who needs a pandemic when every day can be an “exceptional circumstance” for the market? A new report from the Financial Consumer Agency of Canada (FCAC), the country’s consumer watchdog, outlines the extraordinary mortgage relief measures it continues to deliver via the country’s banks. The agency delivered more than 8,000 mortgage relief measures over a […]</p> <p>The post <a href="https://betterdwelling.com/canadian-mortgage-borrowers-received-over-8000-relief-measures-fcac/">Canadian Mortgage Borrowers Received “Over 8,000 Relief Measures”: FCAC</a> appeared first on <a href="https://betterdwelling.com">Better Dwelling</a>.</p> ]]>
Read more ...Canadian Dollar Plunges As Bank of Canada & Federal Reserve Diverge
<![CDATA[<p>The Canadian and American economies often move together, but the loonie is the latest sign that won’t be the case this time. The Canadian dollar has been plunging against the US dollar, a.k.a. Greenback. That loonie’s erosion was amplified this month as the two central banks diverged on outlooks for their respective economies, with the […]</p> <p>The post <a href="https://betterdwelling.com/canadian-dollar-plunges-as-bank-of-canada-federal-reserve-diverge/">Canadian Dollar Plunges As Bank of Canada & Federal Reserve Diverge</a> appeared first on <a href="https://betterdwelling.com">Better Dwelling</a>.</p> ]]>
Read more ...Canadians Still Moving To Alberta, East Coast Appeal Fizzles Out: BMO
<![CDATA[<p>The pandemic kicked off a Great Migration for Canadians, who fled expensive provinces for affordable housing. That boom is ending for Atlantic Canada, but continues in Alberta according to a new analysis from BMO Capital Markets. They found the two biggest losers are BC and Ontario, where people continue to flee the sky-high cost of […]</p> <p>The post <a href="https://betterdwelling.com/canadians-still-moving-to-alberta-east-coast-appeal-fizzles-out-bmo/">Canadians Still Moving To Alberta, East Coast Appeal Fizzles Out: BMO</a> appeared first on <a href="https://betterdwelling.com">Better Dwelling</a>.</p> ]]>
Read more ...Canadian Inflation Slows, Mortgages Pull Back While Rents Accelerate
<![CDATA[<p>Canadian inflation slowed further last month, but the details show why few people may have felt it. Statistics Canada (Stat Can) data shows progress for the headline measure of the Consumer Price Index (CPI), which decelerated in November. The agency reported a broad-based slowdown, though half of the major components were still growing significantly above […]</p> <p>The post <a href="https://betterdwelling.com/canadian-inflation-slows-mortgages-pull-back-while-rents-accelerate/">Canadian Inflation Slows, Mortgages Pull Back While Rents Accelerate</a> appeared first on <a href="https://betterdwelling.com">Better Dwelling</a>.</p> ]]>
Read more ...Canada Has Less Than 1 Job Vacant For Every 2 Unemployed Jobseekers
<![CDATA[<p>Canada’s labor market just got another round of bad news from the national statistics agency. Statistics Canada (Stat Can) data shows job vacancies fell sharply in Q3 2024, but not due to a hiring boom this time. Employers are hiring for fewer roles, and the outright size of the country’s labor market has begun to […]</p> <p>The post <a href="https://betterdwelling.com/canada-has-less-than-1-job-vacant-for-every-2-unemployed-jobseekers/">Canada Has Less Than 1 Job Vacant For Every 2 Unemployed Jobseekers</a> appeared first on <a href="https://betterdwelling.com">Better Dwelling</a>.</p> ]]>
Read more ...Canadian Real Estate Prices Halt Declines As Cheaper Credit Boosts Demand
<![CDATA[<p>The Canadian economy might not be doing great, but cheaper credit was enough for the real estate market. Canadian Real Estate Association (CREA) data shows the price of a composite benchmark, or typical, home was unchanged in November. No movement is good when it comes to higher prices, as rising sentiment helped to spark enough […]</p> <p>The post <a href="https://betterdwelling.com/canadian-real-estate-prices-halt-declines-as-cheaper-credit-boosts-demand/">Canadian Real Estate Prices Halt Declines As Cheaper Credit Boosts Demand</a> appeared first on <a href="https://betterdwelling.com">Better Dwelling</a>.</p> ]]>
Read more ...This Week’s Top Stories: Canadian Mortgage Rates Climb, & Toronto’s 380k Unemployed
<![CDATA[<p>Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Mortgage Rates Start Climbing As Gov Bond Yields Surge Government of Canada (GoC) bond yields are making a steep climb, especially the 5-year term. Since fixed rate mortgage costs are directly influenced by this, expect mortgage rates to climb. The GoC […]</p> <p>The post <a href="https://betterdwelling.com/this-weeks-top-stories-canadian-mortgage-rates-climb-torontos-380k-unemployed/">This Week’s Top Stories: Canadian Mortgage Rates Climb, & Toronto’s 380k Unemployed</a> appeared first on <a href="https://betterdwelling.com">Better Dwelling</a>.</p> ]]>
Read more ...Canadian Mortgage Rates Start Climbing As Gov Bond Yields Surge
<![CDATA[<p>Canadian interest rates might be coming down but the bond market is signaling higher mortgage rates. The Government of Canada (GoC) bond yields have reverse coursed and begun to climb sharply since central bank rate cuts earlier this week. Rising yields directly impact the cost of financing fixed-rate mortgages, which have been the most affordable […]</p> <p>The post <a href="https://betterdwelling.com/canadian-mortgage-rates-start-climbing-as-gov-bond-yields-surge/">Canadian Mortgage Rates Start Climbing As Gov Bond Yields Surge</a> appeared first on <a href="https://betterdwelling.com">Better Dwelling</a>.</p> ]]>
Read more ...Canada’s Existing Mortgage Borrowers Get Relief, Won’t Motivate Buyers: BMO
<![CDATA[<p>Canadian real estate buyers may be disappointed by the lack of relief they got from a supersized rate cut. A new BMO investor memo explains the Bank of Canada (BoC) overnight rate cut only provides relief to variable rate mortgages and HELOCs. Since more popular fixed rate mortgages are cheaper, buyers hoping for a cheaper […]</p> <p>The post <a href="https://betterdwelling.com/canadas-existing-mortgage-borrowers-get-relief-wont-motivate-buyers-bmo/">Canada’s Existing Mortgage Borrowers Get Relief, Won’t Motivate Buyers: BMO</a> appeared first on <a href="https://betterdwelling.com">Better Dwelling</a>.</p> ]]>
Read more ...Bank of Canada Makes Supersized Cut, Fears Immigration Shift Will Slow GDP
<![CDATA[<p>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 […]</p> <p>The post <a href="https://betterdwelling.com/bank-of-canada-makes-supersized-cut-fears-immigration-shift-will-slow-gdp/">Bank of Canada Makes Supersized Cut, Fears Immigration Shift Will Slow GDP</a> appeared first on <a href="https://betterdwelling.com">Better Dwelling</a>.</p> ]]>
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