High Interest Rates Have Not Slowed the Labour Market SufficientlyBy Scott WestlakeMay 8, 20230 comments#jobsreport #marketupdate #economy #mortgagerates #drsherrycooper The Canadian labour market has done it again, blowing ...Read more...
Good News On The Canadian Housing FrontBy Scott WestlakeApril 21, 20230 comments#realestate #economy #homesales The Canadian Real Estate Association says home sales in March edged up 1.4% in March. Homeowners and buyers were comforted by the fall in fixed mortgage rates as the Bank of Canada ...Read more...
Great News On The Inflation FrontBy Scott WestlakeApril 18, 20230 comments#inflation #economy #rates The Consumer Price Index (CPI) fell sharply in March to ...Read more...
Good News On The Canadian Housing FrontBy Scott WestlakeApril 17, 20230 comments#housing #canadianhousing #inventory #rates #economy The Canadian Real Estate Association says home sales in ...Read more...
The Bank of Canada Holds Rates Steady Again But Maintains Its Commitment To 2% InflationBy Scott WestlakeApril 12, 20230 comments#boc #bankofcanada #interestrates #mortgagerates #variablerates #economy ...Read more...
December Housing Data Ended 2022 On A Weak NoteBy Scott WestlakeJanuary 16, 20230 comments#CPI #economicupdate #rates #drsherrycopper #economy #employment Statistics released ...Read more...
Finally, Some Good News on the Inflation FrontBy Scott WestlakeAugust 11, 20220 comments#inflation #economy #marketupdate #interestrates It was widely expected that US consumer price inflation would decelerate in July, reflecting the decline in energy prices that peaked in early June. The US CPI was unchanged last ...Read more...
Canadian Inflation Surged to 8.1% in JuneBy Scott WestlakeJuly 22, 20220 comments#inflation #economy #marketupdate #interestrates Another bad inflation number was posted today. The rate of consumer inflation continued to rise, reaching 8.1% year over year (y/y) in June, following the 7.7% gain in May. The increase ...Read more...
House Price Decline Accelerated in JuneBy Scott WestlakeJuly 17, 20220 comments#houseprices #homeprices #economy #recession #interestrates #SW #TWT Statistics released today by the Canadian Real Estate Association (CREA) show that the slowdown that began in March in response to higher interest rates has broadened. Home ...Read more...
Canadian Inflation Surged to 7.7% In MayBy Scott WestlakeJune 23, 20220 comments#inflation #economy #marketupdate #interestrates Canada's consumer price index increased 7.7% in May from a year earlier, up from 6.8% in April, the fastest inflation pace since January 1983. The release confirms that ...Read more...
Canadian Labour Market Is Much Too Tight--Adds To Inflation PressureBy Scott WestlakeJune 15, 20220 comments#labour #jobs #economy Today's Labour Market Survey for May 2022 showed that hiring continued at a rapid pace last month in an increasingly tight labour market, driving the jobless rate to another record ...Read more...