Categories for Buying a home

Bank of Canada Interest Rate Decision – July 10, 2019

The Bank of Canada left its target for the overnight rate unchanged at 1.75 percent this morning. In the statement accompanying the decision the Bank noted that although ongoing global trade tensions are having a negative effect on the global economy, economic growth in Canada is improving. A decline in ...

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The Impact of the B20 Stress Test on BC Home Sales in 2018

Read BCREA’s latest BCREA Market Intelligence Report: The Impact of the B20 Stress Test on BC Home Sales in 2018 (July 2019). Summary findings include: the decline in home sales in 2018 was largely due to market factors like interest rates and affordability; without the stress test, home sales in BC would have ...

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Mortgage Rate Forecast (June 2019)

Highlights: Mortgage Rates return to 2017 Levels Canadian economy falters in first quarter Time for the Bank of Canada to cut rates? The big news in the Canadian mortgage market is the return of sub 3 percent five-year mortgage rates. The last year of mortgage rate increases has essentially been ...

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BCREA Housing Market Update (June 2019)

https://youtu.be/L32JUcKjHxQ Copyright BCREA – reprinted with permission ...

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