25 Feb

Longer-Term Yields are Rising Despite Central Bank Inaction

General

Posted by: Jerry Rowsell

Longer-Term Yields are Rising Despite Central Bank Inaction While central banks hold overnight rates at record lows, anchoring short-term interest rates and the prime rate, mid-to-long-term government yields have been rising since early this month. As the chart below shows, the 5-year Government of Canada bond, upon which mortgage rates are generally tethered, are currently at […]

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17 Feb

Housing Continued to Surge in January

General

Posted by: Jerry Rowsell

Today the Canadian Real Estate Association (CREA) released statistics showing national home sales hit another all-time high in January 2021. Canadian home sales increased 2.0% month-on-month (m-o-m) building on December’s 7.0% gain. On a year-over-year (y-o-y) basis, existing home sales surged 35.2%. As the chart below shows, January activity blew out all previous records for […]

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9 Feb

What Does Canada’s Aging Population Mean for the Real Estate Market?.

General

Posted by: Jerry Rowsell

What Does Canada’s Aging Population Mean for the Real Estate Market?. I’ve got good news and bad news. The bad news is: we’re not getting any younger. The good news is: we’re not going away anytime soon, either, as life expectancy for Canadians is higher than ever before! At least, I think that’s good news—check back with […]

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