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My Mortgage Blog — Latest Posts
Existing homes sales fell in October
Sales of existing homes continued to fall in October while prices remained flat, the Canadian Real Estate Association (CREA) reported today. Sales fell 5.6% from September but remain 0.9% above...
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Building permits fell 6.5% in September
The total value of Canadian building permits fell 6.5% in September to a seasonally adjusted $11.2 billion, according toStatistics Canada. Residential permits, however, rose 4.3% to $7.2...
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Is the Bank of Canada finally done hiking rates?
As was widely expected, the Bank of Canada delivered a second consecutive rate hold today, leaving its key benchmark rate at 5.00%. That was welcome news for variable-rate mortgage holders, who...
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Canadian economy added 64,000 jobs in September
The Canadian economy added a more-than-expected 64,000 jobs in September while the unemployment rate held steady, according to data released this morning from Statistics...
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