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My Mortgage Blog — Latest Posts
Canadian economy flirts with recession as GDP fell in Q3
The Canadian economy saw negative growth in the third quarter, according to data released by Statistics Canada this morning. This would have been the second straight quarter of negative quarterly...
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Canada's Inflation Eases, Keeping Central Bank Cautious
Canada's latest inflation data brings great news for consumers as the inflation rate slowed to 3.1% in October, down from 3.8% in September, according to Statistics Canada. The decrease, primarily due...
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Easing inflation has likely “closed the door” to further rate hikes
Canada’s headline inflation rate eased more than expected in October, likely shutting the door to any further immediate rate hikes, economists say. Statistics Canada reported Tuesday that...
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Existing homes sales fell in October
Sales of existing homes continued to fall in October while prices remained flat, the Canadian Real Estate Association (CREA) reported today. Sales fell 5.6% from September but remain 0.9% above...
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