Expect deceleration in price growth, not a major crash
The central bank’s stance on the possible effects of new federal mortgage rules has raised questions on its possible next steps
As the Royal Bank of Canada leads other major banks in lowering five-year fixed mortgage rates, some industry experts believe there won’t be much of an impact on how the housing market performs in 2015.
Banks cut prime rates but savers suffer… Condo sales cancelled as developer decides on rentals... 2014 was a tough year for Ottawa’s commercial market… Large rise in new home sales in US…
The Bank of Canada’s surprise interest rate cut last week will “keep the real estate party going” and "add new life to the housing market", according to experts.
The Bank of Canada’s interest rate cut offers ‘a perfect storm’ for commercial real estate investors, according to a new report.
The importance of staying focused and applying diligent strategies in real estate investing is summed up in one sentence by an award-winning investor: “Slow and steady wins the race.”
RBC cuts mortgage rate, price war coming?... New home plots in Calgary at 17 year low… TD Bank predicts another rate cut in March, lower house prices… Consumer optimism for property prices lower again…
The market frenzy caused by a shortage in listings has extended to many investors, who find themselves hard-pressed to purchase a property at a decent price – a task that’s set to become even more challenging following the Bank of Canada’s surprising decision to lower interest rates.
Lower interest rates – announced by the Bank of Canada last week – will mostly benefit first-time investors and homebuyers, say experts.
Sales plunge and prices fall in Calgary… Experts don’t see lower interest rates increasing household debt … US existing home sales rise…
With condo rentals up by 17 per cent in the fourth quarter of 2014, investorss are cashing in on a strong market and solid demand for properties in ideal locations.