Bank of Canada: “Lower For Longer”
The Bank of Canada released the July Monetary Policy Report That Outlines Canada's Monetary and Economic Outlook. This Is A Breakdown of That Report. Let's start, right out of the
Calgary Real Estate Report: June 2020
Look at month over month and year over year data for sales, sales to new listings ratio and absorption rates to anticipate near term price movements and understand market context.
Inflation & COVID: Uncertain Path Ahead.
The Bank of Canada's new Governor, Tiff Macklem, released a webcast June 22nd speaking to Inflation and COVID in the Canadian Economy. Here is a breakdown. Here's what we'll
It Happened …Again! Mortgage Rule Change
Canada Housing and Mortgage Corporation (CMHC) Announced Mortgage Rule Changes Taking Effect July 1st 2020. Here's What's Happening: Guys, this is BIG NEWS! I want to explain theses changes, how they
Inflation Down, As Expected. Bank Holds Rate Firm.
The Bank of Canada held it's overnight lending rate firm at 0.25%. Here is the Bank's policy announcement. When Are Announcements And How Does That Effect Mortgages? Eight times per
Spring Market Update 2020
What Is Happening With Calgary's Real Estate? Below Are Key Data Points To Help You Understand Where Prices Are, And Where They Might Be Headed! Businesses are re-opening, cars are
Pressure Mounting
The Bank of Canada Released Their "Financial System Review". Let's Focus On Data Related To Home Buyer Demand In Our Economy With COVID. For the past 5+ year's I've
Full Month Of COVID: Market Update
How Is Calgary's Real Estate Market Fairing With A Full Month Of COVID Under Our Belts? Let's take a look at three data points from the Calgary Real Estate Board May
Inflation: Up or Down?
What Will Be The Value Of Money In 1-3 Years? In an effort to combat COVID-19's economic shutdown and the oil price shock, the Bank of Canada has pumped BILLIONS of