Home » Archives

Posts Tagged ‘housing market’

Page 1 of 312 3 »

Statistics Canada Reports Canadian Growth Will Slow

Friday, August 20, 2010, 9:47
Carousel, Finance
120 views
Add a comment

Canada’s economy will continue grow as expected, however the pace is set to slow as the housing market continues to cool down, and the U.S. economy falters, according to a Statistics Canada report released yesterday. Statistic Canada’s leading economic indicator index, which is a monthly gauge of where the economy appears to be heading in the coming months has slowed to a 0.4% increase in July, ... Full story

Tags: bad news, canada report, driving force, economic troubles, economy, household goods, housing market, leading economic indicator, leading economic indicators, pace, recession, risk, sectors, slowdown, statistic canada, statistics canada, two areas

Scotia Economics: Global Recovery Cools Down

Tuesday, August 10, 2010, 8:15
Carousel, Finance, Mortgages
141 views
Add a comment

The global housing recovery has seemed to cool down again after we saw a strong first quarter performance, according to the latest Global Real Estate Trends report that was released today from Scotia Economics. Housing demand and prices have dropped alongside moderating global growth, heightened financial market volatility and slow job creation. Global real estate markets entered the ... Full story

Tags: economic recovery, global growth, global real estate, government purchase, housing market, job creation, low interest rates, market volatility, mortgage rate, new homebuilders, outperformance, price increases, purchase incentives, quarter performance, real estate trends, renovation activity, resale listings, resale market, trends report

Reasons We are Willing to go into Debt

Tuesday, July 6, 2010, 7:51
Carousel, Debt, Featured, Finance
287 views
Add a comment

Debt is something we all get into at one point in our life, the question is what are we willing to go into debt? Early on in our life we tend to find ourselves getting into debt for practically anything, with our payment form being our credit card, we stand to incur a lot of ... Full story

Tags: credit card, education education, financial priorities, housing market, leasing a car, money, purchasing a car, student loans

Bank Decrease Residential Mortgage Rates

Friday, June 25, 2010, 9:03
Carousel, Finance, Mortgages
428 views
Add a comment

Today we have major banks making adjustments to their residential mortgage rates, which will take effect June 25th, 2010. The adjustments made today is decreasing mortgage rates by 0.10%, which is somewhat of a surprise seeing as the Bank of Canada recently increased the overnight rate by 0.25% to 0.50%. The banks, which have made this change, ... Full story

Tags: Bank of Montreal, banks, bidding wars, BMO, homebuyers, housing market, overnight rate, prospective buyers, RBC, residential mortgage rates, Royal Bank of Canada, school year, TD, toronto dominion bank

Canadian Economy Moving Along Well

Tuesday, June 22, 2010, 9:00
Carousel, News
213 views
Add a comment

The Canadian economy is moving along as we see Western Canada leading the way and all other provinces are participating according to the Provincial Outlook report issued by BMO Capital Markets Economics. Canadian growth is expected to reach 3.4% in 2010, and 3.1% in 2011, which will provide a strong rebound from the 2.5% decline in ... Full story

Tags: atlantic canada, bmo capital markets, canadian economy, capital investment, central canada, commodity prices, gdp growth, global demand, housing market, outlook report, private sector projects, real gdp, western canada

Carney: European Debt Crisis Affects has been Modest

Friday, June 11, 2010, 8:38
Carousel, News
163 views
Add a comment

The European Debt Crisis has had a modest impact on Canada, however the crisis is far from over. The Bank of Canada Governor Mark Carney noted that with the European debt crisis is not over at all, and that the governments need to be on healthy fiscal paths. Carney goes onto ... Full story

Tags: Bank of Canada, bank of canada governor, banks, capital markets, commodity prices, cost of borrowing, credit crisis, debt crisis, economist, governments, housing market, mark carney, rate hike, recession, world bank

Housing Affordability Increases as Home Prices Rises

Tuesday, May 25, 2010, 9:19
Carousel, Finance
251 views
Add a comment

Homeownership costs in Canada has risen once again, making this the third straight quarter across all housing segments, as a strong real estate market and increases prices have made it more expensive to own a home. This information is in accordance with the latest housing report released by RBC Economics Research. The RBC Housing Affordability measure captures ... Full story

Tags: Bank of Canada, canadian economy, economics research, housing affordability, housing market, low interest rates, owning a home, RBC, real estate market, report projects

TD Bank: Housing Market Set to Cool

Wednesday, May 5, 2010, 9:20
Carousel, News
605 views
Add a comment

TD Bank has released information stating that home sales will be significantly lower in the second half of 2010, and 2011, also prices will be dropping too. The new outlook is in accord with previous expectations, however TD now believes that the slowdown from the current housing market will be much sharper. TD goes on to say ... Full story

Tags: Budgeting, canada, housing market, lower mortgage, Mortgage Rates, new outlook, prairie provinces, second half, slowdown

EDC: Economic Recovery Has Not Settled

Tuesday, April 27, 2010, 9:01
Carousel, News
258 views
Add a comment

Export Development Canada (EDC) has said that the worldwide economic recovery is still sluggish, and it will not be picking up until next year. Peter Hall, chief economist of EDC noted that Global recovery remains elusive. The agency’s global export forecast says that world economic growth will be at 3.7% this year, which is still not enough ... Full story

Tags: chief economist, contraction, developed countries, economic growth, economic recovery, edc, emerging economies, export development canada, global export, global recovery, governments, housing market, money, peak levels, stimulus, warning signal, world economy

Increase in Interest Rates may be Eased by Decrease in Inflation

Friday, April 23, 2010, 9:00
Carousel, Finance
389 views
Add a comment

Lower than expected inflation rates stand a chance to ease to pressure of the Bank of Canada to aggressively hike interest rates, however consumers should still expect to see an early increase in early June according to a senior economist with BMO Capital Markets. According to Statistics Canada, the Consumer Price Index, The Bank of Canada’s ... Full story