Bubble talk re-ignites debate about what’s next for Vancouver housing market
Filed Under Main Content · Tagged: Bank Canada, Bank Interest, Bank Of Canada, Boom, Canadian Real Estate, Debate, House Prices, Housing Market, Interest Rates, Property Values, Trendsetting, Vancouver
The boom in Canadian real estate has “resulted in the largest rises in house prices ever seen in Canada,” the firm says. “And the trigger of an increase in the Bank of Canada’s trendsetting interest rates could result in a 25-per-cent drop in property values.”
Bubble talk re-ignites debate about what’s next for Vancouver housing market
Many don’t know if they could make higher mortgage payments: poll
Filed Under Main Content · Tagged: Bank Of Canada, Bank Of Montreal, Benchmark Rate, Bmo, Canadians, Interest Rates, Mortgage Interest, Mortgage Payments, Mortgage Rates, Poll
Nearly 20 per cent of Canadians don’t know if they’ll be able to make their mortgage payments if interest rates increase, according to a poll released Thursday by Bank of Montreal – disturbing findings given that BMO expects the Bank of Canada to raise its benchmark rate by at least one per cent by the end of the year.
Many don’t know if they could make higher mortgage payments: poll
Why a rate hike won’t be a blow to most – The Globe and Mail
Filed Under Main Content · Tagged: Blow, Debt Levels, Economy, Globe And Mail, Globe Mail, Interest Rates, National Bank Financial, Overweight, Rate Hike, Risk
But while the risk of overweight debt levels is a "significant" one to the economy, the effects of the inevitable rise in interest rates should not be overestimated, National Bank Financial says in a new report.
Why a rate hike won’t be a blow to most – The Globe and Mail
Inflation tame, will BOC hold rates?
Filed Under Main Content · Tagged: Bank Of Canada, Core Rate, Core Reading, Headline Inflation, Headline Rate, Inflation Rate, Inflation Rates, Interest Rates, Market Consensus, Statistics Canada
Times Colonist- Inflation was softer than expected in August, data revealed Tuesday, leading analysts to suggest it may persuade the Bank of Canada to hold interest rates steady in the coming months.
The headline inflation rate was 1.7% in August on a year-over-year basis, Statistics Canada said, while month-over-month consumer prices slipped 0.1%. Meanwhile, the core rate — which strips out volatile-priced items such as food and energy — remained unchanged at 1.6% in the month.
Market consensus was for a headline rate of 1.9% and a core reading of 1.7% in August…
