Muted Prospects for Canadian Mortgage and Housing Markets Moving into 2011
Prospects for Canadian mortgage and housing markets are likely to muted as we move into 2011, with the CREA revising its forecasts for 2010 and 2011 home sales.
Read moreHome Mortgage and Interest Rates Likely to Remain Low due to Dollar/Loonie Parity
Home mortgage and interest rates are likely to remain at current lows, as parity between the Canadian loonie and U.S. dollar puts pressure on the Bank of Canada to defer further rate hikes into 2011.
Read moreOutstanding Canadian Residential Mortgage Debt Crosses $1 Trillion
Canadian mortgage debt has crossed $1 trillion for the first time, due to increase in buying activity and home equity loans.
Read moreFed’s Stimulus Doesn’t Go Down Well with Emerging Economies
The Fed’s decision to pump in an additional $600 billion into the US economy has not gone down well with emerging economies and other G20 countries.
Read morePositive Report on Canadian Home Mortgage, Housing and Investment Property Markets
Industry report paints a positive picture of Canadian home mortgage, housing and investment property markets going forward.
Read moreOntario House Prices Overvalued by 11%
Ontario’s real estate market is likely to see a downward trend in 2011 and have a negative impact on the economy.
Read moreHow will QE2 affect Canadian Home Mortgage and Housing Markets?
Quantitative easing in the U.S. is unlikely to resolve the U.S. housing and foreclosure mess, or significantly boost consumer spending. In Canada, the question is how long will home mortgage and interest rates remain low while the Bank of Canada digests the effects of QE2.
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