5/2/2024 | Posted in Canadian Economy and Interest Rates by Marti Philp
  SHARE

Economic stagnation prompts the Bank of Canada to plan a rate cut in June, contrasting with the US Federal Reserve's strategy ... More

Real Estate & Mortgage News

  3/9/2024 | Posted in Canadian Economy and Interest Rates by Marti Philp
  SHARE

The Bank of Canada elected to hold interest rates steady at 5 per cent. ... More

Real Estate & Mortgage News

  2/9/2024 | Posted in Canadian Economy and Interest Rates by Marti Philp
  SHARE

Today's employment report for January, in which the unemployment rate ticked down, has caused bond markets and economist to further reel-in their rate-cut forecasts for the ... More

Real Estate & Mortgage News

  1/31/2024 | Posted in Canadian Economy and Interest Rates by Marti Philp
  SHARE

Canada’s economy outperformed growth expectations to end the year, which means the Bank of Canada could feel less pressure to start cutting rates in the near term, ... More

Real Estate & Mortgage News

  1/4/2024 | Posted in Canadian Housing Market Predictions by Marti Philp
  SHARE

The Canadian economy will return to growth in the second half of 2024, with interest rate cuts as early as this spring, according to a new forecast by Deloitte Canada. ... More

Real Estate & Mortgage News

  12/15/2023 | Posted in Canadian Economy and Interest Rates by Marti Philp
  SHARE

The Bank of Canada’s top official said policymakers will consider cutting interest rates when inflation is “clearly” on a path to the two per cent target, but ... More

Real Estate & Mortgage News

  11/3/2023 | Posted in Canadian Economy and Interest Rates by Marti Philp
  SHARE

Canada’s unemployment rate ticked up two basis points to 5.7% in October, suggesting the Bank of Canada can now remain “firmly on the sidelines,” economists say. ... More

Real Estate & Mortgage News

  10/25/2023 | Posted in Canadian Economy and Interest Rates by Marti Philp
  SHARE

The Bank of Canada delivered its second straight rate hold today, but signalled that it remains concerned about inflationary risks and price pressures. ... More

Real Estate & Mortgage News

  9/1/2023 | Posted in Canadian Economy and Interest Rates by Marti Philp
  SHARE

Economists say the latest GDP data from Statistics Canada showing a contraction in the economy suggests the Bank of Canada's rate hiking campaign may be coming to an end. ... More

Real Estate & Mortgage News

  4/15/2020 | Posted in Canadian Economy and Interest Rates by Marti Philp
  SHARE

The Bank of Canada on Wednesday said the coronavirus outbreak was set to trigger the biggest ever near-term Canadian downturn but suspended its regular economic forecasts, citing ... More

Real Estate & Mortgage News

  3/27/2020 | Posted in Canadian Economy and Interest Rates by Marti Philp
  SHARE

The Bank of Canada is cutting its key interest target by half a percentage point to 0.25 per cent in an unscheduled rate announcement. ... More

Real Estate & Mortgage News

  3/19/2020 | Posted in Canadian Economy and Housing Market by Marti Philp
  SHARE

A measure of Canada’s consumer confidence has reported its biggest drop ever amid the COVID-19 pandemic. ... More

Real Estate & Mortgage News

  3/13/2020 | Posted in Canadian Economy and Interest Rates by Marti Philp
  SHARE

The Bank of Canada cut its trend-setting interest rate by half a percentage point to 0.75 per cent from 1.25 per cent in a surprise move on Friday aimed at softening the economic ... More

Real Estate & Mortgage News

  1/22/2020 | Posted in Mortgages and Real Estate by Marti Philp
  SHARE

The Bank of Canada held interest rates steady but expressed heightened concern about a slowing economy. ... More

Real Estate & Mortgage News

  12/18/2019 | Posted in Canada Living by Marti Philp
  SHARE

There will be growth for the Canadian economy in the next two years as the country avoids recession. ... More

Real Estate & Mortgage News

  11/25/2019 | Posted in Global Real Estate Markets by Marti Philp
  SHARE

A global recession would bring challenges for the global real estate market but it is unlikely next year according to one major firm’s leader. ... More

Real Estate & Mortgage News

  9/23/2019 | Posted in Commercial Real Estate by Marti Philp
  SHARE

The cities where commercial real estate will thrive will be those that can adapt to the emerging demands of corporates and investors according to a new report. ... More

Real Estate & Mortgage News

  9/4/2019 | Posted in Interest Rates by Marti Philp
  SHARE

The Bank of Canada resisted pressure from investors by declining to signal it will soon follow global peers in easing monetary policy. ... More

Real Estate & Mortgage News

  8/2/2019 | Posted in Canadian Economy and Housing Market by Marti Philp
  SHARE

Here’s a look at how lower rates south of the border could ripple through our country, according to five experts. ... More

Real Estate & Mortgage News

  6/20/2019 | Posted in Canadian Economy and Interest Rates by Marti Philp
  SHARE

Canadian inflation quickened in May on increases across all eight major components, giving the Bank of Canada plenty of scope to hold interest ... More

Real Estate & Mortgage News

  5/22/2019 | Posted in Canadian Economy and Housing Market by Marti Philp
  SHARE

Canada should hold off on changes to make homebuying more affordable but should speed up efforts to reduce trade barriers within its borders, advises the International Monetary ... More

Real Estate & Mortgage News

  5/21/2019 | Posted in Interest Rates by Marti Philp
  SHARE

Bank of Canada Governor Stephen Poloz said he sees the slowdown in Canada’s economy as temporary and that interest rates will likely go up – he just doesn’t know ... More

Real Estate & Mortgage News

  5/1/2019 | Posted in Interest Rates by Marti Philp
  SHARE

The latest reading of Canada’s economy brings both good and bad news for the housing market. ... More

Real Estate & Mortgage News

  4/1/2019 | Posted in Real Estate Market by Marti Philp
  SHARE

The start of 2019 saw an uptick for Canada’s construction sector as both residential and non-residential posted gains; and a stronger showing for real estate brokerages. ... More

Real Estate & Mortgage News

  3/12/2019 | Posted in Canadian Housing Market by Marti Philp
  SHARE

Here are four record-breaking phenomena that suggest we have reached a real turning point in Canadian real estate. ... More

Real Estate & Mortgage News

  3/10/2019 | Posted in Canadian Economy and Housing Market by Marti Philp
  SHARE

Residential investment is falling, and that's a clear sign of hard times in Canada's economy, the Bank of Montreal says. ... More

Real Estate & Mortgage News

  3/7/2019 | Posted in Toronto News by Marti Philp
  SHARE

Toronto has broken into North America’s top-five cities for tech talent as the city undergoes an economic boom. ... More

Real Estate & Mortgage News
Ask Marti Philp

Thinking of buying or selling a property, or have a question regarding the real estate market? Fill out the form below and I'll get back to you promptly.