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2017-08-10 | 10:06:38

Residential Market Commentary - Week of August 8, 2017

BoC's silence is loud and clear Aug 8, 2017First National Financial LPEven when the Bank of Canada says nothing it still speaks loud and clear.The central bank has gone quiet since its first rate hike in seven years, last month.  In the run-up...

2017-07-25 | 11:22:31

Residential Mortgage Commentary - Week of July 24, 2017

Jul 24, 2017First National Financial LPReal estate boards and governments here in Canada are arguing about the number of foreign buyers and whether they are unduly driving up home prices.  But, at the same time, there is a group that is...

2017-07-17 | 14:19:01

Residential Mortgage Commentary - Week of July 17, 2017

Residential Mortgage Commentary - week of July 17, 2017Jul 17, 2017First National Financial LPIt has finally happened.  After seven years of hints, hopes, cajoling, warnings – even threats – the Bank of Canada has raised its...

2017-07-10 | 14:58:38

Residential Mortgage Commentary - Week of July 10, 2017

Jul 10, 2017First National Financial LPMarket watchers have been swamped by a wave of numbers recently but the one that pops to the surface as the most significant is the latest employment figure.The June jobs number from Statistics Canada was the...

2017-06-26 | 14:09:35

Residential Market Commentary - Week of June 26, 2017

Jun 26, 2017First National Financial LPThe Bank of Canada’s next rate setting will be July 12, about two weeks from now.  Most market watchers expect the Bank to stand pat and are forecasting a quarter-point increase in October.  But...

2017-06-20 | 09:55:43

Residential Market Commentary - Week of June 19, 2017

Jun 19, 2017First National Financial LPThe latest numbers from the Canadian Real Estate Association attracted a lot of attention.  The May reading showed a sharp 6.2% drop in home sales from April.  There was a 1.6% decline year-over-year...

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