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Posted by: Amandeep Bains
The Canadian housing market as of May 2024 presents a mixed outlook based on slow activity in the month. While there is anticipation of increased activity following the Bank of Canada rate cut, the impact has been slow to materialize. Many prospective buyers are still cautious, waiting on the sidelines to see how further rate […]
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When you’re considering the journey of homeownership, understanding your credit score is like having a compass guiding you through the process. Unfortunately, many only realize its significance when they’re knee-deep in mortgage discussions. Use these helpful tips to help you navigate the world of credit worthiness. Unlocking the Power of Your Credit Score Your credit […]
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In the intricate dance of economic indicators, Canada’s gross domestic product (GDP) showed a modest uptick of 0.2% in the fourth quarter of 2023, following a slight decline in the previous quarter. This marginal growth, albeit modest, plays a pivotal role in steering the narrative away from recessionary concerns. Balancing Act: Key Drivers of GDP […]
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As Canadian inflation shows signs of a slowdown and speculation swirls around potential moves by the Bank of Canada, the dynamics of the real estate market face renewed scrutiny. Against a backdrop of tightening supply and heightened activity, the impact of shifting economic trends on the housing sector becomes increasingly pertinent. With key indicators such […]
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The Canadian Real Estate Association (CREA) has unveiled compelling data indicating a promising resurgence in the real estate sector, signaling a potential turnaround after a sluggish period in 2023. Notably, home sales surged by 3.7% between December 2023 and January 2024, with vibrant markets such as the Greater Toronto Area, Montreal, and Vancouver spearheading this […]
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