Rate Hike Looming. Here’s Why.
It's like walking home with a bad report card. I know I'm in trouble, it's just a matter of time before I get home and my parents find out. People, we
December 2017 Real Estate Data
Here’s the final month of what’s been a rollercoaster year for values, listings and absorption rate. I honestly expect more of the same for 2018. The intention of publishing this data
Macro Economic Update: Chad’s Crystal Ball
I'm going to aggregate what I think is key macroeconomic data that is relevant to the Mortgage and Real Estate market here in Canada. I'm doing this to simplify what
Market Update: To Be Expected
When looking at the data below, I subtly nodded my head with a slight smile of approval. I think Calgary's Real Estate data is about where my regular readers would
What If Scenarios: Mortgage Rule Changes
Question: What if I purchase a new build or resale home, with a possession date after January 1st, 2018? What Mortgage qualifying rules apply to me? Answer: As long as you
Calgary Market Report: Holding (ish)
I think this part of the year, heading into Christmas, is a leading indicator of how the notoriously busy Spring market will shape up the following year. Here's what we'll cover
Mortgage Rule Changes: A Fair Look
There has been another round of Mortgage rule changes, set to take effect January 1st 2018. Read what they are here. With any decision this large, effecting so many people, in
Let it be so: Mortgage Rules Changes
OSFI: "I'm about to make it more difficult to purchase a home". Calgary's housing market: "I think things are working themselves out? Don't do anything drastic". OSFI: "Hold my beer". Effective January 1st,
What Are Four Issues The BoC Is Monitoring??
Subtitle: Bringing Canada's Economy Home The Bank of Canada (BoC) Governor, Stephen Poloz, spoke in St. John's NL late September. His speech was the first time speaking publicly since raising the