#BankofCanada #CanadaRealEstate #CanadianEconomy
The Bank of Canada brought a, “butter knife to a gunfight”, at a time when the real estate market, and borrowers, need a bigger saviour – This according to Rob Mclister in the Financial Post.
Links:
Bank of Canada's June rate cut was like bringing a butter knife to a gunfight:
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Was the BoC's rate cut enough to spur a housing market revival?:
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Toronto home sales down 16% despite Bank of Canada’s rate cut:
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Edmonton real estate sales drop 11.4% in June:
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Housing sales remain slow in June in Waterloo Region, prices fall: Realtors:
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Consumer Price Index, May 2024:
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Policy interest rate:
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Bank of Canada worries a rate cut now could overheat the spring housing market:
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Bank of Canada’s rate cut deliberations detail housing market anxieties:
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Posthaste: Obstacles to the Bank of Canada cutting rates are fading — except for this one:
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Funds advanced, outstanding balances, and interest rates for new and existing lending, Bank of Canada:
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‘Game on’ for Canada’s housing market?:
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'Grim' outlook as housing affordability hits 31-year low:
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Home affordability to improve in Canada as rates fall and incomes rise, BMO says:
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Linking immigration to the housing shortage may be missing the problem, experts say:
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Immigrant status and period of immigration by income and highest level of education: Canada, provinces and territories, census metropolitan areas and census agglomerations with parts:
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Record-Breaking Population Growth Means More Expensive Homes: Economists:
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Toronto’s real estate market continue to be so overrun with homes no one is buying:
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Canada 5 Year Government Bond:
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Interest Rates: Immediate Rates (24 Hours): Prime Rates: Total for Canada:
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