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Steve's Mortgage Blog — Latest Posts
Housing markets are continuing to feel the chill heading into winter
Affordability concerns are continuing to keep pressure on Canada's housing markets heading into the winter months, the Canadian Real Estate Association (CREA) reported. The month saw continued...
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Canada’s labour market posts big gain in November
The country’s labour market held up better than expected in November, with nearly 25,000 net new jobs created. The employment gains consisted of an increase of 59.6k full-time positions and a...
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Canadian economy flirts with recession as GDP fell in Q3
The Canadian economy saw negative growth in the third quarter, according to data released by Statistics Canada this morning. This would have been the second straight quarter of negative quarterly...
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Easing inflation has likely “closed the door” to further rate hikes
Canada’s headline inflation rate eased more than expected in October, likely shutting the door to any further immediate rate hikes, economists say. Statistics Canada reported Tuesday that...
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