BMO rate hike could cool the Canadian housing market

The Wall Street Journal thinks the bank’s boosting of mortgage rates points to a larger trend of tighter lending restrictions and higher rates.

Latest News

Canada’s Inflation Rate Rises To 2.9% In MarchApril 22, 2024 - 6:12 pm
This morning, Statistics Canada (StatCan) published its anticipated March inflation report. The Consumer Price Index (CPI) rose 2.9% on a year-over-year basis in March, up from a 2.8% gain in February. Economists had predicted that the Consumer Price Index (CPI) would tick up in March thanks, in part, to an increase in gasoline prices. Gasoline […]
We could reach 2% inflation by this summer: National BankFebruary 27, 2024 - 4:47 pm
Could Canada’s headline inflation rate reach the neutral target of 2% by this summer, a full year sooner than the Bank of Canada’s own forecasts? National Bank of Canada thinks so. In a new report, economist Taylor Schleich argues that there’s actually a “clear path” to 2% inflation by the middle of this year. “To […]
2024 is the investment year on whatever assets which has been affected by interest rates and are in sale!!January 18, 2024 - 11:19 am
64 countries (plus the European Union) are expected to hold national elections in 2024, representing a combined population of about 49% of the people in the world Learning from the history on election years quantitative easing was a common political solution !!! Below list are representing the expected national elections in 2024 in the world: […]
Activity in downtown Toronto at highest level in years, but experts say there’s still a long way to goJanuary 5, 2024 - 1:09 pm
Downtown Toronto appears to finally be bouncing back nearly four years after the onset of the pandemic, but it could still be a while before the city returns to its former glory, experts say. According to research by the University of Toronto’s School of Cities, which has been monitoring cellphone activity in major North American […]
Closing the Gap: Understanding Canada’s Housing Crisis 2024December 27, 2023 - 5:29 pm
The housing market in Canada is currently grappling with a significant and unprecedented challenge – a widening gap between population growth and housing completions. This growing disparity has far-reaching implications, impacting economic, physical, and mental well-being, and posing a threat to Canada’s status as a prosperous and upwardly mobile society. Understanding the Housing Disparity Recent […]
Blackstone bets on Canadian immigration to usher in growthOctober 31, 2023 - 3:29 pm
With highly educated immigrants set to grow Canada’s population, one of the world’s largest asset management firms is looking to invest heavily in the country. Blackstone, the world’s largest alternative asset management company which oversees US$1 trillion in assets, is opening up an office in Canada as it commits to growing its presence and investments […]
Developers to launch hundreds of new condo units in Toronto as demand returnsMay 23, 2023 - 10:16 pm
Real estate developers are launching hundreds of new condo units in the Toronto region this year, as buyer demand grows after months of fretting over higher interest rates. Ever since the Bank of Canada announced in late January that it would take a break from hiking interest rates, activity in the residential real estate market […]

BMO rate hike could cool the Canadian housing market

About us

Useful links

Cities we support