November stats and insight from Dr. Sherry Cooper, Chief Economist at Dominion Lending. Today’s release of November housing data by the Canadian Real Estate Association (CREA) shows national home sales continued to run at historically strong levels last month. Competition among buyers remains intense in the detached-home market and townhouses. Still, condo apartment sales-relative-to-new-listings have slowed as […]

Bank of Canada last rate annoucement of 2020…what it means to Canadians from Dr. Sherry Cooper, Chief Economist at Dominion Lending. Bank of Canada Confirms Commitment To Low Interest Rates Despite the good news on the vaccine front since the Governing Council’s last meeting in late October, the Bank of Canada reasserted its commitment to […]

Where are we headed? Some interesting insight from our friends at First National. Dec 7, 2020 First National Financial LP Fast moving, ever changing and, often, contradictory information is making it hard to predict what’s coming for the economy.  But, a couple of recent reports may be offering some hints about where residential real estate […]

The latest from Dr. Sherry Cooper, Chief Economist at Dominion Lending. Federal Fiscal Update–Finance Minister Freeland’s Debut Justin Trudeau’s government, which has delivered the biggest COVID-19 fiscal response in the industrialized world, announced plans for another dose of stimulus and vowed to continue priming the pump as long as needed. Finance Minister Chrystia Freeland unveiled $51.7 billion […]

Insight on current market conditions from our friends at First National. Nov 30, 2020 First National Financial LP The reports and realities continue to appear at odds.  Home sales and prices remain strong, while surveys suggest debt and other money worries remain top of mind for many Canadians. October saw a resurgence of COVID-19 cases […]

Interesting insight from our friends at First National. Nov 23, 2020 First National Financial LP When the COVID-19 pandemic was first declared and the shutdowns were first implemented back in the spring Canadians started stockpiling.  They cleared store shelves of everything from canned foods to cleaning products to, famously, toilet paper. Turns out they have […]

Some great tips on home safety for the holidays from our friends at Pillar & Post Home Inspection. SAFE AT HOME 7 Tips For Holiday & Winter Fire Safety Taking some simple precautions around the home can help keep your family safe during the holidays, especially when it comes to decorating. Always use non-flammable decorations […]

Important market updates from Dr. Sherry Cooper, Chief Economist at Dominion Lending.  Today’s release of October housing data by the Canadian Real Estate Association (CREA) shows national home sales fell 0.7% month-over-month (m-o-m) from September’s record high (see chart below). This is the first decline in five months, as market conditions remained tight and prices continued […]

Some insight on today’s market conditions from our friends at First National. Nov 9, 2020 First National Financial LP Current optimism about Canada’s housing market appears to be at odds with two recent surveys that check Canadians’ attitudes toward their financial situations. The October market is shaping up to be a “carbon copy” of September […]

Some valuable information about what to look for in a mortgage from our friends at Dominion Lending.  Learn about variable rates vs fixed rates and more By Dominion Lending Centres Oct 30, 2020 When it comes to getting a mortgage, there are a lot of common questions that potential mortgage holders have such as “what is […]