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My Mortgage Blog — Latest Posts
Heidi Hamano || November 30, 2023
Canadian economy flirts with recession as GDP fell in Q3
The Canadian economy saw negative growth in the third quarter, according to data released by Statistics Canada this morning. This would have been the second straight quarter of negative quarterly...
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Heidi Hamano || November 21, 2023
Easing inflation has likely “closed the door” to further rate hikes
Canada’s headline inflation rate eased more than expected in October, likely shutting the door to any further immediate rate hikes, economists say. Statistics Canada reported Tuesday that...
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Heidi Hamano || November 16, 2023
Existing homes sales fell in October
Sales of existing homes continued to fall in October while prices remained flat, the Canadian Real Estate Association (CREA) reported today. Sales fell 5.6% from September but remain 0.9% above...
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Heidi Hamano || November 09, 2023
Building permits fell 6.5% in September
The total value of Canadian building permits fell 6.5% in September to a seasonally adjusted $11.2 billion, according toStatistics Canada. Residential permits, however, rose 4.3% to $7.2...
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