Tag: Housing Market Review

2023 Housing and Mortgage Market Review

2023 Housing and Mortgage Market Review

In October, Canada’s inflation rate dipped to 3.1%, slightly below the expected 3.2%, primarily due to a 6% monthly drop in gasoline prices. The economic landscape reveals sluggish GDP growth, a rising unemployment rate, and a likelihood of the Bank of Canada pausing interest rate hikes until April 2024, followed by a potential 75 basis points reduction by the end of the following year.

READ MORE
2023 Housing and Mortgage Market Review

2023 Housing and Mortgage Market Review

In October, Canada’s inflation rate dipped to 3.1%, slightly below the expected 3.2%, primarily due to a 6% monthly drop in gasoline prices. The economic landscape reveals sluggish GDP growth, a rising unemployment rate, and a likelihood of the Bank of Canada pausing interest rate hikes until April 2024, followed by a potential 75 basis points reduction by the end of the following year.

READ MORE

Contact Us

Can't find what you are looking for?

Contact us, and we would be happy to help. One of our knowledgeable mortgage agents can provide the expertise you are looking for.

Search

WE VALUE YOUR PRIVACY

We use cookies to enhance your browsing experience, serve ads, content, analyze our traffic and perform necessary functions to ensure you get the best experience. By clicking "Accept", you consent to our use of cookies.

Learn more about M Factory’s Privacy Policy and Cookies.