Eavesdropping On The Bank of Canada
Hey Guys! This is juicy. The Bank of Canada released notes related to their decision to raise the key lending rate by 0.25%. Up until now, we've only ever had the formal press
Category
Mortgage
Calgary Market Report: Apartment fundamentals are strong
Hey Guys! The data below is from the Calgary Real Estate Board (CREB). Let's look at a couple key data points so we can get a handle of what's been happening
Market Update—Off Peak, But Positive!
Hey Guys! Here your report on Calgary's detached and apartment housing sectors. At first glance, Calgary is fairing MUCH better than many other housing regions in Canada! Why? Well for many reasons
Bank of Canada 50 Basis Point Rate Hike
So many words below!! TL;DR ... The Bank of Canada increased the key policy rate by 0.50% this morning moving the rate higher to 3.75%.The commercial bank Prime interest rate will
Inflation And Interest Rate Update
Hey Guys! Here is some information I hope you find helpful: 1. Canada's updated inflation numbers. 2. Mortgage rate update. 3. Statistics package. This will be helpful if you're planning a Mortgage renewal, refinancing, selling
Calgary Market Update: Off Peak Pricing
Hey Guys! Are you curious how higher fixed and variable interest rates are influencing Calgary's housing prices? See below. A general rule of thumb is a 1% rise of interest rates is
Inflation, Variable and Fixed Rate Update
Hey Guys! Let's look at some leading economic indicators to help us understand where inflation might trend, and relate everything back to Canadian Mortgage interest rates. Read below: Inflation expectations and consumer data.Variable
Market Update: June 2022 CREB Data
Hey! Housing continues to be the single most important asset class in Canada's economy.I think staying abreast of several key supply-side fundamental data points is worth a 5 min read (with charts :-)).Let's
Calgary Market Update: May 2022 Data
I hope you're well. Let's review Calgary Real Estate market data for a simple overview of what's happening in our market. If you're planning to purchase, sell or refinance, you'll want to perk