by REM Editorial Team | Sep 25, 2023 | Boards & Associations, News
Canadian real estate is feeling the heat as the Bank of Canada, responding to spikes in inflation and a resurgent spring market, has pushed mortgage rates to a 15-year high. This shift in monetary policy direction has triggered ripple effects on home sales and the...
by REM Editorial Team | Mar 24, 2023 | Boards & Associations, News
According to the British Columbia Real Estate Association (BCREA), mixed signals from Canadian economic data are making the outlook for the Canadian economy somewhat cloudy. BCREA has released a report on trends and forecasts for mortgage rates, authored by Chief...