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Tag Archives: Canada Interest Rate

As interest rate decision looms, here’s what to expect in the fall housing market – National

Canada’s housing market could face a chill this fall as prospective buyers and sellers wait to see where the Bank of Canada’s interest rate path will head, according to new polling released Tuesday. Re/Max Canada said in a report that home prices are expected to remain flat nationally from August …

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Bank of Canada set to announce June rate decision. Will it hike or hold? – National

By Staff The Canadian Press Posted June 7, 2023 6:29 am Descrease article font size Increase article font size The Bank of Canada is set to announce its interest rate decision Wednesday as speculation about another rate hike heats up. Recent economic data suggests the Canadian economy is running hotter …

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Hoping to buy a home? Canadian prices forecast to rise by end of 2023

Home prices in Canada are set to rise this year, according to a new report. In its latest forecast released Thursday, Royal LePage adjusted its price forecast for 2023 given stronger-than-expected demand and limited supply. The brokerage now predicts that national home prices will rise 4.5 per cent year-over-year by …

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Bank of Canada set to release summary explaining latest interest rate hike – National

The Bank of Canada will release a summary of its deliberations on the latest interest rate hike later Wednesday, the first time the central bank is giving Canadians a peek behind the curtain into its decision-making process. The bank last year announced it would start publishing these summaries about two …

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Bank of Canada not ready to hit the brakes on rate hikes yet, economists say – National

Economists don’t believe the Bank of Canada is ready to hit the brakes on its interest rate-hiking cycle just yet, even as signs grow that inflation is easing and the economy is softening. Canada’s central bank is expected to announce its eighth consecutive rate increase on Wednesday, with most commercial …

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