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Real Estate & Mortgage News

Canada Building Permits Surge in July, Far Exceeding Expectations

9/13/2024 | Posted in New Developments by Crescendo Realty
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The total value of building permits surged by 22.1% month-over-month to $12.39 billion in July 2024, far exceeding market expectations of a 2.5% increase, following an upwardly ... More

Canada Living, Housing Supply, New Condos, New Developments, New Homes

Real Estate & Mortgage News

Bank of Canada to Start Jumbo Rate Cuts by December, CIBC Says

9/12/2024 | Posted in Canadian Economy and Interest Rates by Crescendo Realty
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One of the country’s biggest lenders says the Bank of Canada will accelerate the pace of monetary easing in order to stave off recession. ... More

Bank of Canada, Bank of Canada Benchmark Rate, Canada Inflation Rate, Canada Living, Interest Rate Forecast, Variable Rate Mortgages

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