Tagged: Rising Interest Rates

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Metro Vancouver to Fuel Growth In B.C.

According to a new three-year forecast released by Central 1 Credit Union, things are on their way up in B.C- led primarily by an upstart of activity and higher prices in Metro Vancouver.

CREA lowers home sales and price forecasts

CREA lowers home sales and price forecasts

Housing activity in the country is slowing down after a busy first half, especially in British Columbia, Alberta and Ontario where prices are expected to fall in the coming months.

Why rising interest rates haven’t flattened the housing market

Why rising interest rates haven’t flattened the housing market

So much for the housing market being crushed by rising interest rates.

The Bank of Canada cranked up its trendsetting overnight rate for the third time in four months on Wednesday and the impact will be felt by a wide range of borrowers. But home buyers? Not so much.