A look at what leading economists and the Big 6 banks are predicting ahead of next Wednesday’s Bank Rate announcement.
All in Forecast
Proof the Metro Vancouver housing supply problem is REAL and could get worse.
The housing supply problem is real and could get worse.
We’ve all heard people in Vancouver who blame lack of supply for housing unaffordability. Many will have heard the opposing “Supply Myth” argument. Our analysis at Mortgage Sandbox shows that the supply problem is real and could be worse than any of us imagined.
We need to settle this once and for all, so that government can act quickly to solve our housing crisis.
Mid-Year Update: B.C. Home Price Forecast to End of 2019
The state of the market has changed a lot since our last forecast in March. Here’s an updated review of what the leading BC house price forecasts to the end of 2019.
Interest Rate Forecast to End of 2019
There have been some updates to interest rate forecasts since our last review of rates in March. The overall trend is upward but there are differing opinions on how high rates will rise.
BoC leaves key interest rate unchanged. Why is this important?
The Bank of Canada just kept the overnight rate at 1.25% but leading economists expect hikes throughout the course of the year. Why is this the case and why does it matter?
Will the Bank of Canada raise rates next Wednesday?
A look at what leading economists and the Big 6 banks are predicting ahead of next Wednesday’s Bank Rate announcement .
How Un-likely is a Canadian Financial Crisis?
Many people have come to believe that buying a home is a “no-brainer” way to make hundreds of thousands of dollars with very little risk. House values are at record highs and some economists believe the Canadian economy is at risk of a Financial Crisis. Other economists downplay the risks and believe the worry-warts are overreacting.
How likely is a Canadian Financial Crisis?
Many people have come to believe that buying a home is a “no-brainer” way to make hundreds of thousands of dollars with very little risk. House values are at record highs and the Canadian economy is at risk of a Financial Crisis, so there is more risk in real estate than people realize.