Share The Canadian housing market has been hot throughout the past decade, however it will cool over the coming years as higher interest rates begin to take effect and the population ages, according to the latest report on real estate trends from Scotiabank. Meanwhile, we expect a strong housing market this spring as buyers are [...]
Share Canada’s inflation rate rose last month as Statistics Canada’s consumer index rose more than half a point to 1.9%, making this the largest increase seen in more than a year. The entire inflation indicators rose in January and all provinces experiences inflations, with Atlantic Canada having the biggest gains. The Bank of Canada core [...]
Share Canada’s real estate market is finding its balance; with a surge in new listings in November, it has helped ease the supply shortage and prices from a month earlier, easing fears of a bubble in the making, although the rebound in the market continued. Economists have been looking for exactly this because a stead [...]
Share The Royal Bank of Canada (RBC) expects that Canadians being hit by higher interest rates in the second half of 2010 and in 2011. RBC economists note that the Bank of Canada will be among the group of central banks to more off floor low rate with the Canadian bank’s overnight rate finishing 2010 [...]
