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Under Market Updates

A 7th Consecutive Rate Holds & Bond Yields are Reshaping Mortgage Market, Tariffs Redirect Fall Housing Demand

The Bank of Canada held its overnight rate at 2.25% for the seventh consecutive time, leaving variable mortgage costs unchanged as renewed US tariff pressure and a 3% rise in … [read more]

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Metro Vancouver & Fraser Valley Housing Markets Firmly in Buyer’s-Market Territory Heading Into Fall

Metro Vancouver’s housing market is heading into the fall with sales still sluggish, prices trending lower and buyers gaining more choice as inventory remains elevated. The Greater Vancouver Realtors recorded … [read more]

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CMHC Quarterly Financial Report Showing Strong Q2 Results Despite Ongoing Uncertainty

Canada Mortgage and Housing Corporation (CMHC) released its Quarterly Financial Report showing strong second quarter results despite ongoing geopolitical and trade uncertainty. CMHC continued to deliver on the Canada Mortgage … [read more]

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Housing Market Correction Underway : Sales Climb for 4th Straight Month as Average Prices Down 3% M/M

Home sales across Canada increased for the fourth consecutive month in July, according to the Canadian Real Estate Association’s (CREA) latest report. Nationally, home sales were up 0.5% month over … [read more]

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