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Is US Economic Momentum Really That Strong?
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It doesn’t take long for anyone keeping an eye on Canadian mortgage rates to see the impact on them from US economic developments. Government of Canada ...

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OSFI’s Perspective On Key Mortgage Risks
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The Office of the Superintendent of Financial Institutions (OSFI) has recently published its Annual Risk Outlook for 2024, which included some ...

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May 2024 Manitoba Real Estate Update
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In May 2024, Manitoba’s real estate market continued its robust performance, recording 1,883 home sales through MLS® Systems—an increase of 14.5% from ...

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BCREA Economics Commercial Leading Indicator Update May 2024
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The British Columbia Real Estate Association (BCREA) Economics Commercial Leading Indicator (CLI) update was released on May 29, 2024. In the first ...

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Proposed Rezoning For Twin Rental Tower Rental Project In Vancouver
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Nicola Wealth Real Estate has submitted a proposal to the City of Vancouver for a twin rental tower project at 2111 Main Street in the Mount Pleasant ...

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Time To Reset The Narrative On Housing
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Despite the desperate need for new housing, many developers have been forced to put projects on hold because crippling taxes, fees and levies have made ...

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CMHC Residential Mortgage Industry Report Findings
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The Canadian Mortgage and Housing Corporation (CMHC) released its Residential Mortgage Industry Report at the end of May.  According to the report, ...

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2024 Re/Max Commercial Real Estate Report Highlights Key Trends
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A 2024 Re/Max Canada Commercial Real Estate Report was recently released. It analyzed 12 markets nationwide in Q1 2024, identifying 13 key trends. ...

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How the US Fed’s Latest Decision Will Impact Canadian Mortgage Rates
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The US Federal Reserve held its policy rate steady last week, as expected. Today’s post will provide highlights from the Fed’s latest policy statement and ...

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Bank Of Canada Policy Rate Change
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On June 5, 2024, the Bank of Canada announced its decision to lower its policy rate by 0.25%, bringing it to 4.75%. This adjustment also affected the ...

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