""Home affordability improved in September, but modest decreases in qualifying income and monthly mortgage payments aren’t likely to move the needle for most buyers this fall. According to Ratehub.ca’s latest home affordability report, affordability improved in 12 of 13 major Canadian housing markets. Home buyers in Halifax, Ottawa and Victoria enjoyed the largest increases in affordability. Fredericton was the only market included in the study that saw affordability erode.""
[ Canada's flailing housing market still in the crosshairs of a demographics reckoning, says National Bank ]
"Canada's real estate market has slumped since rising interest rates and increasing tariff troubles with the United States crushed some green shoots this spring, but it could fall even further if immigration levels drop as they are currently meant to, says National Bank of Canada."
[ BoC expected to hike rate on Wednesday to stem spillover of energy inflation ]
"The Bank of Canada will likely raise its benchmark interest rate by 25 basis points on Wednesday as a pre-emptive move to stop energy-led inflation from spreading to the rest of the economy, according to money markets and economists."
No comments:
Post a Comment