Housing bubble

Decorative pattern

Economic Indicators

2 reasons mortgage rates are artificially inflated

Finance Minister Flaherty’s attempts to cool the hot housing market may be for naught — especially now that most banks are offering mortgage rates under 3%, says the Globe and Mail. So why does Ottawa continue to keep rates artificially inflated? 1) Rate obscurity Discouraging banks from publicly advertising rates that are under 3% keeps […]

March 18, 2013

1 min read

Decorative pattern

Economic Indicators

No housing bubble, says Scotia

Canadian real estate is turning from a seller’s to a buyer’s market.

By Suzanne Sharma |March 18, 2013

3 min read

Decorative pattern

Industry

Canadian home prices 20% over the odds: Fitch

Fitch Ratings says Canadian home prices are overvalued by about 20%, reports The Globe and Mail. However, the ratings agency asserts “effects of inflation and price momentum” will keep the current home prices propped and it may be years before they return to their “sustainable values.” While home prices are overvalued across Canada, they are […]

By Staff |March 4, 2013

1 min read

Decorative pattern

Industry

Answer client questions about Canada’s economy

What should you tell clients as they shift to equities?

March 4, 2013

3 min read