The share of indebted Canadian households that were behind on their repayments for at least 60 days spiked from 1.92% at the end of 2021 to 2.16% in Q4 2022
March 13th, 2023Posted in Real Estate Related | Comments Off on The share of indebted Canadian households that were behind on their repayments for at least 60 days spiked from 1.92% at the end of 2021 to 2.16% in Q4 2022
The sky-high cost of housing in Canada represented a “very serious” problem that showed little signs of improvement | Marc Meehan
March 13th, 2023Posted in Real Estate Related | Comments Off on The sky-high cost of housing in Canada represented a “very serious” problem that showed little signs of improvement | Marc Meehan
Canada interest rates remain high despite the Bank’s decision to hit pause on hikes
March 10th, 2023Posted in Real Estate Related | Comments Off on Canada interest rates remain high despite the Bank’s decision to hit pause on hikes
TD Economics anticipating a “sizeable” slowdown in consumer spending and job losses in the US and Canada
March 10th, 2023Posted in Real Estate Related | Comments Off on TD Economics anticipating a “sizeable” slowdown in consumer spending and job losses in the US and Canada
The central bank will continue to seek more proof of the economy cooling and inflation decelerating in response to the rate hikes, Rogers says
March 10th, 2023Posted in Real Estate Related | Comments Off on The central bank will continue to seek more proof of the economy cooling and inflation decelerating in response to the rate hikes, Rogers says
Bank of Canada is keeping its key interest rate at 4.5 per cent
March 9th, 2023Posted in Real Estate Related | Comments Off on Bank of Canada is keeping its key interest rate at 4.5 per cent
27 units of multi-family rental building sells for $6.2M located 116 Prideaux Street, Nanaimo, B.C.
March 9th, 2023Posted in Real Estate Related | Comments Off on 27 units of multi-family rental building sells for $6.2M located 116 Prideaux Street, Nanaimo, B.C.
2,794 sqft commercial building in Dawson Creek, B.C. sells for $260,000
March 9th, 2023Posted in Real Estate Related | Comments Off on 2,794 sqft commercial building in Dawson Creek, B.C. sells for $260,000
0.83 acres land assembly in Mission sells for $3.5 Million
March 8th, 2023Posted in Real Estate Related | Comments Off on 0.83 acres land assembly in Mission sells for $3.5 Million
Canada’s housing market was still in the process of correcting itself but showed signs of “gradually letting up”
March 8th, 2023Posted in Real Estate Related | Comments Off on Canada’s housing market was still in the process of correcting itself but showed signs of “gradually letting up”