Bank of Canada Interest Rate Announcement
Posted on Oct 30, 2019 in Mortgage News
The Bank of Canada held its overnight rate at 1.75 per cent this morning.
In the statement accompanying the decision, the Bank noted that ongoing trade conflicts have weakened the global economic outlook, which is expected to drag Canadian economic growth below its potential in the second half of this year. The bank is further projecting that growth...
Real Estate Statistics - September 2019
Posted on Oct 02, 2019 in Market Update
Increased demand helps housing market reach balanced territory
The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,333 in September 2019, a 46.3 per cent increase from the 1,595...
