by Rishel | Nov 13, 2023 | Uncategorised
On a seasonally adjusted basis, home sales decreased 1.9% from August to September, a third monthly contraction in a row following the renewed monetary tightening cycle of the Bank of Canada and the surge in long-term interest rates. On the supply side, new listings...
by Rishel | Oct 9, 2023 | Uncategorised
October is Cybersecurity Awareness Month and, as your trusted mortgage broker, I want to share essential tips to help you protect your mortgage transactions and financial information from cyber threats. Confirm Communications: Phone Verification: Before sharing any...
by Rishel | Sep 11, 2023 | Uncategorised
Before seasonal adjustments, the Teranet-National Bank Composite House Price Index™, which covers the country’s eleven largest CMAs, rose by 1.8% from June to July, the fifth consecutive monthly increase. After adjusting for seasonal effects, the...
by Rishel | Aug 14, 2023 | Uncategorised
Home sales recorded over Canadian MLS® Systems posted a 1.5% increase between May and June 2023, a smaller increase than in April and May. Sales were up in June in a little over half of all local markets with gains in British Columbia and Alberta offsetting fewer...
by Rishel | Jul 11, 2023 | Uncategorised
Recent increases in the cost of living and declining real estate values had unprecedented impacts on net saving and wealth for more financially vulnerable households in the first quarter, such as those with lower incomes, less wealth, and in younger age groups. Income...
by Rishel | Jun 19, 2023 | Uncategorised
Shelter costs rose 4.9% on a year-over-year basis in April, after a 5.4% increase in March. Canadians continued to pay more in mortgage interest cost in April (+28.5%) compared with April 2022, as more mortgages were initiated or renewed at higher interest rates. The...
