6/24/2020 | Posted in Canadian Housing Market Predictions by Micheal Turk
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Canada Mortgage and Housing Corp. expects a drop in home prices in the country’s biggest cities amid “severe declines” in home sales and construction. ... More

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  5/30/2020 | Posted in Canadian Economy by Micheal Turk
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The Canadian economy took a historic dive in March as the country imposed lockdown measures to curb the spread of COVID-19 – and worse results are expected for April. ... More

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  4/15/2020 | Posted in Canadian Economy and Interest Rates by Micheal Turk
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The Bank of Canada on Wednesday said the coronavirus outbreak was set to trigger the biggest ever near-term Canadian downturn but suspended its regular economic forecasts, citing ... More

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  3/27/2020 | Posted in Canadian Economy and Interest Rates by Micheal Turk
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The Bank of Canada is cutting its key interest target by half a percentage point to 0.25 per cent in an unscheduled rate announcement. ... More

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  3/19/2020 | Posted in Canadian Economy and Housing Market by Micheal Turk
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A measure of Canada’s consumer confidence has reported its biggest drop ever amid the COVID-19 pandemic. ... More

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  3/13/2020 | Posted in Canadian Economy and Interest Rates by Micheal Turk
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The Bank of Canada cut its trend-setting interest rate by half a percentage point to 0.75 per cent from 1.25 per cent in a surprise move on Friday aimed at softening the economic ... More

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  1/22/2020 | Posted in Mortgages and Real Estate by Micheal Turk
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The Bank of Canada held interest rates steady but expressed heightened concern about a slowing economy. ... More

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  12/18/2019 | Posted in Canada Living by Micheal Turk
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There will be growth for the Canadian economy in the next two years as the country avoids recession. ... More

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  11/25/2019 | Posted in Global Real Estate Markets by Micheal Turk
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A global recession would bring challenges for the global real estate market but it is unlikely next year according to one major firm’s leader. ... More

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  9/23/2019 | Posted in Commercial Real Estate by Micheal Turk
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The cities where commercial real estate will thrive will be those that can adapt to the emerging demands of corporates and investors according to a new report. ... More

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  9/4/2019 | Posted in Interest Rates by Micheal Turk
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The Bank of Canada resisted pressure from investors by declining to signal it will soon follow global peers in easing monetary policy. ... More

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  8/2/2019 | Posted in Canadian Economy and Housing Market by Micheal Turk
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Here’s a look at how lower rates south of the border could ripple through our country, according to five experts. ... More

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  6/20/2019 | Posted in Canadian Economy and Interest Rates by Micheal Turk
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Canadian inflation quickened in May on increases across all eight major components, giving the Bank of Canada plenty of scope to hold interest ... More

Real Estate & Mortgage News

  5/22/2019 | Posted in Canadian Economy and Housing Market by Micheal Turk
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Canada should hold off on changes to make homebuying more affordable but should speed up efforts to reduce trade barriers within its borders, advises the International Monetary ... More

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  5/21/2019 | Posted in Interest Rates by Micheal Turk
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Bank of Canada Governor Stephen Poloz said he sees the slowdown in Canada’s economy as temporary and that interest rates will likely go up – he just doesn’t know ... More

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  5/1/2019 | Posted in Interest Rates by Micheal Turk
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The latest reading of Canada’s economy brings both good and bad news for the housing market. ... More

Real Estate & Mortgage News

  4/1/2019 | Posted in Real Estate Market by Micheal Turk
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The start of 2019 saw an uptick for Canada’s construction sector as both residential and non-residential posted gains; and a stronger showing for real estate brokerages. ... More

Real Estate & Mortgage News

  3/12/2019 | Posted in Canadian Housing Market by Micheal Turk
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Here are four record-breaking phenomena that suggest we have reached a real turning point in Canadian real estate. ... More

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  3/10/2019 | Posted in Canadian Economy and Housing Market by Micheal Turk
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Residential investment is falling, and that's a clear sign of hard times in Canada's economy, the Bank of Montreal says. ... More

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  3/7/2019 | Posted in Toronto News by Micheal Turk
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Toronto has broken into North America’s top-five cities for tech talent as the city undergoes an economic boom. ... More

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  3/6/2019 | Posted in Interest Rates by Micheal Turk
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The Bank of Canada (BoC) is keeping its key interest rate target on hold at 1.75 per cent on Wednesday, citing concerns about the global economy and Canada’s own recent ... More

Real Estate & Mortgage News

  2/28/2019 | Posted in Canadian Economy and Interest Rates by Micheal Turk
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Capital Economics predicts that The Bank of Canada will cut its key lending rate in December as a weakening housing market and oil sector headwinds drag GDP growth back below ... More

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  2/22/2019 | Posted in Interest Rates by Micheal Turk
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Stephen Poloz says the upward path for interest rates is 'uncertain'. ... More

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  2/20/2019 | Posted in Toronto News by Micheal Turk
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Savills ranks Toronto among the world's leading tech cities, acknowledging the access to a deep talent pool and the city’s reputation as a global centre. ... More

Real Estate & Mortgage News

  1/5/2019 | Posted in Canadian Economy and Interest Rates by Micheal Turk
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Ahead of the Bank of Canada’s first policy meeting of the year, scheduled for next week, Capital Economics is back at it again. ... More

Real Estate & Mortgage News

  12/19/2018 | Posted in Canadian Economy and Housing Market by Micheal Turk
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Canada’s economy will slow down in 2019 with consumer spending impacted by weaker employment, cooling house prices, high levels of debt, and rising interest rates. ... More

Real Estate & Mortgage News

  12/18/2018 | Posted in Canadian Economy and Housing Market by Micheal Turk
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The slowdown in Canada’s housing market is likely to weigh on the economy according to a new report from CIBC Economics. ... More

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  12/4/2018 | Posted in Canadian Economy and Interest Rates by Micheal Turk
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The Bank of Canada will announce its December interest rates decision Wednesday and few are expecting a Grinch-like pre-Christmas shock. ... More

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