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Rory C Real Estate | Oakwyn Realty

While The Current Pace of Housing Starts is Elevated, The Downward Trend to Continue

Canada’s housing starts continued to trend lower in August, even as the monthly pace of new construction remained essentially unchanged. Canada Mortgage and Housing Corporation (CMHC) said the six-month trend … [read more]

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Higher Bond Yields are Creating Pressure on Mortgage Rates, But Still Expects A Strong Finish for The Housing Market

The Bank of Canada held its benchmark interest rate at 2.25% on Sept. 2 for the seventh consecutive time, but governing council minutes released Wednesday make clear that policymakers are … [read more]

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Lower Mainland Housing Market Improved, but Weak Demand, High Borrowing Costs & Falling Exports Weigh on Outlook

The Lower Mainland housing market showed signs of life at the end of the summer, but the transition to fall remains subdued. The latest MLS data for the region spanning … [read more]

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