Economic Overview What’s Happening in the Canadian Economy – And What It Means for Your Mortgage Canada’s economy is moving into a calmer phase after several years of high inflation and rising interest rates. The rapid interest-rate hikes we experienced were designed to slow inflation, and they’ve worked — but they’ve also made borrowing more […]
Continue ReadingMarket Update – November 2025
Economic Overview The change of administration in the United States this past January has created uncertainty for the Canadian, U.S., and global economies in our most recent market update. Trade tariffs remain restrictive, though equity markets in both countries have proven resilient. Global tensions involving the U.S., China, Russia, and the Middle East continue to […]
Continue ReadingJune Housing Market Update for Ontario
Higher Prices for Everything There is no shortage of people discussing whether we have or do not have inflation. What we do have are higher prices than we had 1, 2, 3 or 5 years ago. We have higher prices for everything from food, energy and consumer goods to housing costs, taxes, and development charges. […]
Continue ReadingThe Housing Market is a Changing — Mortgage Trends for 2022 Part 2
So, Where do we stand now? A lot can happen in a month! Since our last update, we’ve seen major shifts take place in the housing market – as tides have turned things from a seller’s market into a stable market. Some would even say the buyer is gaining some presence in the real estate […]
Continue Reading