Canadian Real Estate News

Canadian Mortgage Rates Set To Rise As Yields Go “Higher For Longer”: BMO

<![CDATA[Canadians have seen mortgage interest costs climb sharply, and they’re going to need to get used to it. The Government of Canada (GoC) 5-year bond yield opened at a multi-year high on Friday, hitting levels last seen in 2007. It’s not the only bond yield popping higher, and that means mortgage borrowers should brace for […] The post <a rel="nofollow" href="https://betterdwelling.com/canadian-mortgage-rates-set-to-rise-as-yields-go-higher-for-longer-bmo/">Canadian Mortgage Rates Set To Rise As Yields Go “Higher For Longer”: BMO</a> appeared first on <a rel="nofollow" href="https://betterdwelling.com">Better Dwelling</a>. ]]>

Canadian Unemployment Claims Rip To 2008 High, Disqualifications Soar

<![CDATA[Canada’s tight labor market is getting more questionable with each data release. Statistics Canada (Stat Can) data reveals employment insurance (a.k.a. unemployment) claims jumped in July. Excluding the pandemic, the country hasn’t seen this many claims since 2008. The surge occurred alongside a major uptick in claim disqualifications. Canada Has Seen A Major Uptick In […] The post <a rel="nofollow" href="https://betterdwelling.com/canadian-unemployment-claims-soar-to-2008-high-disqualifications-soar/">Canadian Unemployment Claims Rip To 2008 High, Disqualifications Soar</a> appeared first on <a rel="nofollow" href="https://betterdwelling.com">Better Dwelling</a>. ]]>

Ontario Real Estate Industry Wants Student Loan Forgiveness…For Downpayments

<![CDATA[Canadians looking for student loan relief have a new ally—Ontario’s real estate industry. The Ontario Real Estate Association (OREA), a trade organization representing 90,000 Realtors, released a new report called The ˆImpact of Student Loan Debt On Homeownership. Many students feel their loans are yet another hurdle to ownership, and the organization has a few […] The post <a rel="nofollow" href="https://betterdwelling.com/ontario-real-estate-industry-wants-student-loan-forgivenessfor-downpayments/">Ontario Real Estate Industry Wants Student Loan Forgiveness…For Downpayments</a> appeared first on <a rel="nofollow" href="https://betterdwelling.com">Better Dwelling</a>. ]]>

Canada No Longer Has The Lowest Inflation In The G7, Set To Accelerate

<![CDATA[Canadian inflation is heading in the wrong direction as rising energy costs return. The Statistics Canada (Stat Can) Consumer Price Index (CPI) shows annual growth accelerated in August. It was the second month inflation accelerated, leading to the loss of the briefly-held title of “lowest inflation in the G7.” Economists expect inflation to continue rising […] The post <a rel="nofollow" href="https://betterdwelling.com/canada-no-longer-has-the-lowest-inflation-in-the-g7-set-to-accelerate/">Canada No Longer Has The Lowest Inflation In The G7, Set To Accelerate</a> appeared first on <a rel="nofollow" href="https://betterdwelling.com">Better Dwelling</a>. ]]>

Canadian New Home Construction Pulls Back, Expected To Pull Back Further

<![CDATA[Canada might not have a problem growing its population, but it has a big problem building housing. CMHC data reveals that new housing starts fell in August, despite the population boom. Only two provinces, BC and Ontario, have seen growth over the past year. The declines are expected to continue, prices were driven out of […] The post <a rel="nofollow" href="https://betterdwelling.com/canadian-new-home-construction-pulls-back-expected-to-pull-back-further/">Canadian New Home Construction Pulls Back, Expected To Pull Back Further</a> appeared first on <a rel="nofollow" href="https://betterdwelling.com">Better Dwelling</a>. ]]>

This Week’s Top Stories: Canadian Real Estate & Labor Markets Are Weakening

<![CDATA[Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Real Estate Balancing In A “Meaningful” Way, Pause Unlikely To Boost Market: BMO The Canadian real estate market is back to cooling after a brief jump in activity post-rate pause. Existing home sales fell, and new listings have been climbing to […] The post <a rel="nofollow" href="https://betterdwelling.com/this-weeks-top-stories-canadian-real-estate-labor-markets-are-weakening/">This Week’s Top Stories: Canadian Real Estate & Labor Markets Are Weakening</a> appeared first on <a rel="nofollow" href="https://betterdwelling.com">Better Dwelling</a>. ]]>

Canadian Real Estate Balancing In A “Meaningful” Way, Pause Unlikely To Boost Market: BMO

<![CDATA[Canada’s real estate market is hard to keep down, but getting up won’t be easy. Canadian existing home sales fell in August, while new listings continue to climb. The easing conditions have led to a balanced market, but will exuberant buyer’s return after the Bank of Canada (BoC) pause? BMO Capital Markets sees it as […] The post <a rel="nofollow" href="https://betterdwelling.com/canadian-real-estate-balancing-in-a-meaningful-way-pause-unlikely-to-boost-market-bmo/">Canadian Real Estate Balancing In A “Meaningful” Way, Pause Unlikely To Boost Market: BMO</a> appeared first on <a rel="nofollow" href="https://betterdwelling.com">Better Dwelling</a>. ]]>

If Canadian Unemployment Is So Low, Why All The Long Job Lines?

<![CDATA[Canada’s labor market is just off record lows, but a quick drive and it may not seem that way. Statistics Canada (Stat Can) reported the unemployment rate was 5.5% in August, just off the record low. Yet viral videos are popping up with lines of hundreds of people looking for entry-level jobs. More and more […] The post <a rel="nofollow" href="https://betterdwelling.com/if-canadian-unemployment-is-so-low-why-all-the-long-job-lines/">If Canadian Unemployment Is So Low, Why All The Long Job Lines?</a> appeared first on <a rel="nofollow" href="https://betterdwelling.com">Better Dwelling</a>. ]]>

Canada’s Immigration Boom May Be Ending, Permanent Resident Applications Plummet

<![CDATA[Canada’s recent population boom seems like it’ll last forever, but reality may arrive soon. Government of Canada (GoC) data reveals a sharp drop in permanent resident applications in July. The direct impact on population growth is minor, since temporary residents drive growth. However, continuing to attract temporary residents will be difficult once they encounter the […] The post <a rel="nofollow" href="https://betterdwelling.com/canadas-immigration-boom-may-be-ending-permanent-resident-applications-plummet/">Canada’s Immigration Boom May Be Ending, Permanent Resident Applications Plummet</a> appeared first on <a rel="nofollow" href="https://betterdwelling.com">Better Dwelling</a>. ]]>

Canadian Consumer Spending Intentions Lag Global Peers

<![CDATA[Canada’s uneventful, but huge debt and frothy shelter costs, may finally come home to roost. Credit rating-giant Transunion released the results of its Q3 2023 Consumer Pulse Survey. Amongst the insights was the share of households expecting to consume more, revealing how a country stacks up to its peers. When it comes to households spending […] The post <a rel="nofollow" href="https://betterdwelling.com/canadian-consumer-spending-intentions-lag-global-peers/">Canadian Consumer Spending Intentions Lag Global Peers</a> appeared first on <a rel="nofollow" href="https://betterdwelling.com">Better Dwelling</a>. ]]>

Real Estate News - Canada