Interest Rate

• ‘It’s crickets’: How sellers are getting creative in a slow housing market

  A glut of listings has some sellers, particularly in Toronto's overstocked condo market, getting creative to win over the few buyers out there in the market.

  Money

  Jun 20
  
• Bank of Canada’s rate cut deliberations detail housing market anxieties

  The Bank of Canada's deliberations from its rate cut on June 5 show anxiety within the governing council about lower borrowing costs leading to an 'overheated housing market.'

  Economy

  Jun 19
  
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• May was ‘another sleepy month’ for homebuyers. Will a rate cut wake them up?

  The Canadian housing market remained cool in May, but CREA commentators expect the first interest rate cut of the cycle will bring buyers off the sidelines in months to come.

  Money

  Jun 17
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• Shopping for a better savings rate? Where to look and what to consider

  With a drop in the Bank of Canada's benchmark interest rate, here's how the savings landscape is looking for Canadian banking customers.

  Money

  Jun 15
• Here’s how would-be homebuyers are responding to the Bank of Canada rate cut

  Despite an interest rate cut from the Bank of Canada, most Canadians say they'd need to see more easing in borrowing costs before they're able to take a run at the housing market.

  Money

  Jun 11
• Jobless rate rises to 6.2% in May. Are more rate cuts in the cards?

  Employment was up in Canada last month, but gains were concentrated in part-time jobs. Experts say there are signs of weakness in the Canadian labour market.

  Economy

  Jun 7
• Can a single rate cut make waves in Canada’s housing market? What to know

  The Bank of Canada's 25-basis-point rate cut might have a 'marginal' impact on affordability, but it's the 'psychological' impact on the housing market that experts are watching.

  Money

  Jun 6
• European Central Bank lowers rates after Bank of Canada cut

  Inflation in the 20 countries that share the euro has fallen from more than 10 per cent in late 2022 to just above the ECB's two per cent target in recent months.

  Economy

  Jun 6
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• Bank of Canada rate cut is ‘going to matter in people’s pocketbooks.’ Here’s why

  The Bank of Canada cut its policy rate for the first time in more than four years. Here's what that means for Canadians, and where the central bank could go next.

  Economy

  Jun 5
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• A rate cut is in the cards. Here’s what might hold the Bank of Canada back

  The Bank of Canada is gearing up for a hotly anticipated interest rate decision on Wednesday. While data suggests a cut is in the cards, some economists have their doubts.

  Money

  Jun 4