shaun cathcart Archives - Page 2 of 2 - Mortgage Rates & Mortgage Broker News in Canada

June home sales up 3.7% as market responds to BoC rate cut and possibly capital gains changes

July 12, 2024 No Comments

Home sales activity in June 2024 showed signs of renewed life following the Bank of Canada’s interest rate cut at the beginning of the month.

Home prices expected to climb 4.9% in 2024 as sales rise last month: CREA

April 12, 2024 No Comments

The Canadian Real Estate Association says it’s now expecting the national average home price to climb 4.9% on an annual basis to $710,468, more than double the hike it had predicted at the start of 2024.

Canadian housing activity slows in August following Bank of Canada rate hikes

BoC’s summer rate hikes continue to slow housing activity…except in Alberta and Atlantic Canada

September 15, 2023 No Comments

Real estate markets across the country continued to lose steam in August following the latest Bank of Canada rate hikes in June and July. Everywhere outside of Alberta and some pockets of Atlantic Canada, that is.

Higher interest rates put a chill on Canada’s housing markets in July

August 15, 2023 No Comments

Home sales and prices continued to ease in July following the two latest rate hikes from the Bank of Canada.

June home sales softened but remain resilient as Bank of Canada rate hikes resume

July 14, 2023 No Comments

The Bank of Canada’s June rate hike served as a splash of cool water to recent housing market strength as home sales moderated in June and priced edged down compared to May.

shaun cathcart

June home sales up 3.7% as market responds to BoC rate cut and possibly capital gains changes

Home prices expected to climb 4.9% in 2024 as sales rise last month: CREA

BoC’s summer rate hikes continue to slow housing activity…except in Alberta and Atlantic Canada

Higher interest rates put a chill on Canada’s housing markets in July

June home sales softened but remain resilient as Bank of Canada rate hikes resume

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