Tag Archives: Bank of Canada

Fed pauses rate cuts, continues mortgage ‘quantitative tightening’

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Trump wants lower rates. Fed Chair Jerome Powell says he’s not spoken to the President, and that “we don’t need to be in a hurry to adjust the policy stance.” Continue reading →

Oh Canada: Luxury market poised for continued normalization

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“In the next half of the year, buyers are in a rare position to negotiate prices and deal terms,” a new Canadian luxury market report from Engel & Völkers stated. “Some homes will still command multiple offers, but they will be fewer in number.” Continue reading →

Canadian luxury market beginning to normalize: Engel & Völkers

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Trends like multigenerational living, buying second homes and moving to more rural areas may remain popular in the Canadian luxury real estate market for the long haul, according to Engel & Völkers 2021 Mid-Year Canadian Luxury Real Estate Market … Continue reading →

Canada tightening mortgage standards as home prices soar

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Canada is tightening standards for mortgages over worries about rising home prices, with the Greater Toronto Area, Hamilton and Montréal markets particular causes for concern. Continue reading →