Bank of Canada Announcement
The Bank of Canada hold its target for the overnight rate at the effective lower bound of 0.25%. Canada’s economy was strong through to late 2020, but [...]
The return of concern about a housing bubble
The “B” word has started floating back into discussions about Canada’s housing market. The latest numbers from the Canadian Real Estate Association help to explain why worries [...]
Starting to feel the heat
Home sales and home prices are breaking records. Housing starts are beating expectations. The Toronto and Vancouver housing markets occupy prominent places on a new, global list [...]
Sustaining the work from home society
Current conventional wisdom has it that the latest wave of home sales is being powered by “move over” and “move up” buyers. These are people who are [...]
Hopes for home ownership stay strong
The desire for home ownership remains strong in Canada. The latest home buying sentiment poll by one of the country’s big banks suggests nearly 60% of Canadians [...]
Household debt creep resumes
In a year where pretty much all things economic and financial have been stood on their heads, here is another anomaly brought on by the coronavirus pandemic. [...]