The Archive
What moved the Canadian housing market each week — and what every realtor and mortgage broker needs to say to clients about it.
The five-year bond yield has climbed 51 basis points since June, and BMO says the mortgage relief this cycle promised isn't coming. That's the backdrop for a housing market still
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The five-year bond yield has climbed 51 basis points since June, and BMO says the mortgage relief this cycle promised isn't coming. That's the backdrop for a housing market still leaning toward buyers — CREA's benchmark…
Statistics Canada's August inflation report held the headline at 3.0% for a second straight month, but the number that matters more — core inflation — climbed to 2.4%. That
The Bank of Canada's hold this week reads less like a pause and more like the door closing on any rate relief for the rest of the year, with growth running hot and tariffs
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Last week we told you the tariffs, the starts data, and the inflation print would all land, and promised to say which of them actually moved a rate. Here is the answer: none of them moved the Bank’s — the five-year…
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Last week we asked whether CREA's provincials or Wednesday's tariffs would set the tone for the fall. The provincials came in soft: Ontario sales down 1.3 per cent, the average price down 2.9, national activity off 5.3.…
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Last week we closed by asking whether July would hold the line June drew. It did more than hold it. Statistics Canada's July Labour Force Survey landed Friday with a number roughly four times what economists expected,…
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Ontario took Monday off, which makes this a short week to absorb a long one. Statistics Canada closed July with the May national accounts, and buried in the industry detail was a line almost nobody in this business gets…
Three things moved your clients' mortgage pricing last week, and not one of them was decided in Canada: a proclamation signed in Washington, a tanker lane in the Red Sea, and an
For the first time in months, the data stopped contradicting itself. GTA sales jumped nearly ten percent, inflation cooled back below three, and CREA trimmed its forecast on the
Tomorrow the Bank of Canada makes a decision almost nobody is arguing about — and releases a document plenty of people should be. The rate holds; the forecast is the story. This
Something rare happened in Canadian real estate last week: the forecasters agreed. Within days of each other, TRREB and TD both went on record predicting the market turns higher