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
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Interest Rate & Economic Reports
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
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
Net Migration & Wage Growth Suffer. AB Recovery Continues.
For the past three years I've consistently reported on Calgary's housing supply to anticipate any near term price movements. My most recent blog post on this matter is here.