Is Canada in a bubble? Housing experts face off
Tagged: Bank of Canada
The Bank of Canada kept its trend-setting Bank Rate at 1.25 per cent on March 8th, 2012.
Vancouver’s robust housing market isn’t expected to face a severe price correction – Vancouver Real Estate Update February 2012
While Canada’s banks are tightening lending standards in a move to avoid a U.S.-style housing correction
The interminable European sovereign debt crisis is keeping bond yields near historic lows, even below yields observed at the height of the 2008 financial crisis. Low yields can primarily be explained by two factors.
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1 per cent.
The Bank of Canada held its benchmark interest rate at one per cent today, citing slowing global growth and a deepening of the sovereign debt crisis in Europe.
Bank of Canada Governor Mark Carney and other policy makers have no doubt been scaring the pants off consumers who have loaded up on debt like there’s no tomorrow. Well, there is a tomorrow, and that was their aim.
Declining income pushed a national measure of Canadian household debt to a record high in the three months ended in September, Statistics Canada reported Monday.
Not a single Canadian city will see house prices fall in 2011, according to a market forecast by Re/Max, as low inventories prop up prices.
If you’re tired of renting and have always wanted a home you could call your own, but thought the opportunity was just beyond your reach because of economic factors, here are some things to consider if you are thinking about taking the home ownership plunge.