Maxioms by Craig Alexander
It is one of the hardest things to forecast. So, get used to it.
It is one of the hardest things to forecast. So, get used to it.
Based on long-term factors, including demographics and income growth, the average annual increase in national home prices is likely to read more
Based on long-term factors, including demographics and income growth, the average annual increase in national home prices is likely to be around four per cent in the coming decade, so the recent high single- digit and low double-digit gains cannot persist indefinitely. But, the key issue is whether the adjustment to a more sustainable trend is gradual. The good news is that this is what appears to be happening in Central and Atlantic Canada.
The odds clearly favor the Bank of Canada raising the overnight rate by a quarter point on May 24 to read more
The odds clearly favor the Bank of Canada raising the overnight rate by a quarter point on May 24 to 4.25 percent.
Canada's housing markets remained robust in early 2006, despite slightly higher mortgage rates. However, the dominant theme lurking beneath the read more
Canada's housing markets remained robust in early 2006, despite slightly higher mortgage rates. However, the dominant theme lurking beneath the national average results is clear signs that speculation has picked up in Western Canada, while housing markets in Central Canada appear to be coming in for a soft-landing.
Speculation has picked up in Western Canada, while housing markets in Central Canada appear to be coming in for a read more
Speculation has picked up in Western Canada, while housing markets in Central Canada appear to be coming in for a soft landing.