The Bank of Canada is anticipated to either raise rates or keep them on hold in their announcement December 6th.
Bank of Canada Keeps Policy Rate Steady
Expresses Concerns About Inflation and Global Uncertainty
Bank of Canada Expected to Hold Policy Rate Steady Amid Inflation and Economic Concerns
Rates are not expected to drop any time soon.
Hamilton Property Market — Demand Evaporates — Oct 2023
A weakening trend takes hold in the Hamilton market.
London Property Market — Price Slide Continues — Oct 2023
A falling price trend is emerging.
Edmonton Property Market — Defies Gravity — Oct 2023
Proof that affordability (i.e., lower prices) helps to support demand.
Victoria Property Market — Reaching Tipping Point — Oct 2023
Victoria’s property market approches balance.
Okanagan Property Market — Balanced Market — Oct 2023
High mortgage rates weigh on the market