2/3/2020 | Posted in Canadian Economy and Housing Market by Anthony (Tony) Barone
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Economy nudged higher in the latest monthly stats, helped in part by the real estate and construction industries.

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Real estate, construction helps boost Canadian economy

  9/19/2019 | Posted in Canadian Economy and Housing Market by Anthony (Tony) Barone
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The average Canadian household was worth less in 2018 than in the previous year.

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Canadians' wealth reduced as real estate gains are erased

  8/2/2019 | Posted in Canadian Economy and Housing Market by Anthony (Tony) Barone
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Here’s a look at how lower rates south of the border could ripple through our country, according to five experts.

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5 ways the U.S. Fed's rate cut affects Canadians

  5/22/2019 | Posted in Canadian Economy and Housing Market by Anthony (Tony) Barone
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Canada should hold off on changes to make homebuying more affordable but should speed up efforts to reduce trade barriers within its borders, advises the International Monetary ... More

IMF urges Canada not to change policy despite calls to ease mortgage stress test

  3/10/2019 | Posted in Canadian Economy and Housing Market by Anthony (Tony) Barone
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Residential investment is falling, and that's a clear sign of hard times in Canada's economy, the Bank of Montreal says.

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Canadian Housing Market This Bad Normally Means Recession: BMO

  1/2/2019 | Posted in Canadian Economy and Housing Market by Anthony (Tony) Barone
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As we head towards 2019 with a weakened Toronto housing market and a Vancouver market in free fall, many sense this may be the year the house prices will go ... More

4 Things That Will (And Won't) Happen In Canada's Housing Market In 2019

  12/19/2018 | Posted in Canadian Economy and Housing Market by Anthony (Tony) Barone
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Canada’s economy will slow down in 2019 with consumer spending impacted by weaker employment, cooling house prices, high levels of debt, and rising interest rates.

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High debt levels, rising interest rates among challenges for 2019

  12/18/2018 | Posted in Canadian Economy and Housing Market by Anthony (Tony) Barone
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The slowdown in Canada’s housing market is likely to weigh on the economy according to a new report from CIBC Economics.

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CIBC economists question BoC's view of housing market

  12/17/2018 | Posted in Canadian Economy and Housing Market by Anthony (Tony) Barone
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The prospect of interest rate hikes is particularly daunting for residents of Toronto and Vancouver—two cities with debt levels well above the national average.

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CMHC issues warning

  12/7/2018 | Posted in Canadian Economy and Housing Market by Anthony (Tony) Barone
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Rising interest rates and new mortgage rules have finally forced an end to years of rapid lending, according to the latest data from Bank of Canada.

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Canadian Household Debt Growth Slows Down

  11/2/2018 | Posted in Canadian Economy and Housing Market by Anthony (Tony) Barone
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The benchmark rate set by the central bank is called the overnight rate and it’s now at 1.75 per cent, up from 0.5 per cent in the summer of 2017.

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Bank of Canada wants rates back to normal - what that means for your mortgage, line of credit

  10/22/2018 | Posted in Canadian Economy and Housing Market by Anthony (Tony) Barone
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By 2023, the number of millionaires in Canada is expected to rise 54% to nearly 2 million people

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The number of Canadian millionaires will jump by more than half in the next five years

  10/2/2018 | Posted in Canadian Economy and Housing Market by Anthony (Tony) Barone
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Canada’s economy faces a major risk through the next three years from how debt-laden consumers cope with higher interest rates, according to economists from three of the ... More

Canada on precipice of

  9/6/2018 | Posted in Canadian Economy and Housing Market by Anthony (Tony) Barone
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Moody's revises its outlook for the Canadian banking system to stable from negative, as the ratings company now sees the Canadian government less likely ... More

Canadian banking system outlook revised to stable from negative by Moody's

  8/21/2018 | Posted in Canadian Economy and Housing Market by Anthony (Tony) Barone
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Canadians are becoming more confident in the outlook for the economy, real estate prices, and their finances.

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Confidence in the economy, real estate is growing

  7/12/2018 | Posted in Canadian Economy and Housing Market by Anthony (Tony) Barone
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With debt levels disconcertingly high, there could be ramifications to yesterday’s interest rate hike.

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Interest rate hike may signal hard times ahead

  6/27/2018 | Posted in Canadian Economy and Housing Market by Anthony (Tony) Barone
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Analysts are optimistic that the Canadian economy will bounce back soon, bringing with it increased consumer spending.

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Economic rebound, greater consumer spending imminent

  6/7/2018 | Posted in Canadian Economy and Housing Market by Anthony (Tony) Barone
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Canada's financial system is resilient, according to the Bank of Canada, but high household debt and imbalances in the housing market remain the biggest ... More

High household debt, housing market biggest risks to financial system, Bank of Canada says

  4/27/2018 | Posted in Canadian Economy and Housing Market by Anthony (Tony) Barone
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Canadian households, the main driver of the country’s economy for the past decade, are showing signs of spending fatigue.

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Household spending shows early symptoms of fatigue

  4/24/2018 | Posted in Canadian Economy and Housing Market by Anthony (Tony) Barone
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The tightened mortgage underwriting rules which came into effect at the start of the year have contributed to a slower start for the Canadian economy.

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Mortgage rules contributed to

  3/23/2018 | Posted in Canadian Economy and Housing Market by Anthony (Tony) Barone
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Mortgage Consumers Brace Yourselves - Chances of a hike in May rose to 82% after the data came out today.

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Canadian dollar jumps half a cent as inflation hits three-year high, boosting chances of rate hike
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