The Bank of Canada Cautious, But A Rate Cut In June Is PossibleBy Scott WestlakeApril 10, 20240 comments#economicupdate #realestateprices #boC #housing #interestrates Today, the Bank of Canada held the overnight rate at 5% ...Read more...
March's Weak Jobs Report Sets The Stage For A June Rate CutBy Scott WestlakeApril 5, 20240 comments#BoC #bankofcanada #interestrates #mortgagerates #variablerates #economy #inflation Today's StatsCanada Labour Force Survey for March is much ...Read more...
February Job Gains Double Forecast As Unemployment Rate Ticks UpBy Scott WestlakeMarch 11, 20240 comments#economicupdate #realestateprices #boC #housing #interestrates Today's StatsCanada Labour Force Survey for February was ...Read more...
Canadian Home Sales Continued Their Upward Trend in January As Prices Fell ModestlyBy Scott WestlakeFebruary 14, 20240 comments#economicupdate #realestateprices #boC #housing #interestrates The Canadian Real Estate Association announced today that ...Read more...
January Jobs Report Dispells Recession FearsBy Scott WestlakeFebruary 12, 20240 comments#economicupdate #drsherrycooper #interestrates #boc oday's StatsCanada Labour Force Survey for January was ...Read more...
A Bumpy Road To The Inflation TargetBy Scott WestlakeJanuary 18, 20240 comments#Boc #bankofcanada #interestrates #mortgagerates #variablerates #economy #inflation Canada's headline inflation number for December '23 moved up three bps to 3.4%, as expected, as gasoline prices didn't fall as fast ...Read more...
Canadian Home Sales Surprisingly Strong in DecemberBy Scott WestlakeJanuary 16, 20240 comments#bottomline #interestrates #mortgagerates #economicoutlook Statistics released today by the Canadian Real Estate ...Read more...
Housing Markets Prepare For A 2024 ReboundBy Scott WestlakeDecember 14, 20230 comments#housingmarket #springmarket #realestatemarket #interestrates #economy Before we get into the details of the November housing market data released this morning by the Canadian Real Estate Association (CREA), big positive news for housing occurred yesterday. ...Read more...
The Table Is Set For Rate Cuts In 2024By Scott WestlakeDecember 1, 20230 comments#interestrates #ratecuts #mortgagerates #rates2024 #BoC The Canadian economy ...Read more...
Good News On the Inflation Front Suggests Policy Rates Have PeakedBy Scott WestlakeNovember 21, 20230 comments#economicupdate #drsherrycooper #interestrates #boc Today's inflation report showed a continued improvement, mainly due to falling year-over-year (y/y) gasoline prices. The October ...Read more...
Canadian Home Sales Slump Accelerates in OctoberBy Scott WestlakeNovember 15, 20230 comments#economicupdate #drsherrycooper #interestrates #boc Housing affordability is the number-one issue causing ...Read more...
Good News On the Inflation Front Suggests Policy Rates Have PeakedBy Scott WestlakeOctober 17, 20230 comments#economicupdate #realestateprices #boC #housing #interestrates Today's inflation report for September was considerably better than expected, ending the three-month rise in inflation. Not only did the headline inflation rate fall, but ...Read more...
Bank of Canada Holds Rates Steady Acknowledging Economic SlowdownBy Scott WestlakeSeptember 6, 20230 comments#boc #bankofcanada #interestrates #mortgagerates #variablerates #economy With last Friday's publication of the anemic second-quarter ...Read more...
Rate Hikes Are Definitely Off The TableBy Scott WestlakeSeptember 1, 20230 comments#mortgagerates #interestrates #bondyield #economicupdate #variablerate The Canadian economy ...Read more...
Canadian Inflation Falls Within Bank of Canada's Target Range, but Food and Shelter Costs Remain HighBy Scott WestlakeJuly 19, 20230 comments#economicupdate #realestateprices #boC #housing #interestrates ...Read more...
Interest Rates Will Stay Higher For LongerBy Scott WestlakeJuly 13, 20230 comments#boc #bankofcanada #interestrates #mortgagerates #variablerates #economy ...Read more...