February 2023

Early returns about inflation in 2023

Posted on Feb 22, 2023

Making news in real estate this week…
INFLATION: The just-released January year-to-year comparison of the British Columbia Real Estate Association reports that the Consumer Price Index shows inflation is slowing…albeit modestly. The December-to-December CPI rose by 6.3 per cent, and January’s increase was slightly less, at 5.9 per cent. That was for...

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Canadians better equipped; interest rates still uncertain

Posted on Feb 07, 2023

Here’s a couple of news items that you might find interesting…
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A study reported in The Financial Post implies that Canadian home owners are better equipped to cope with the increases in mortgage interest rates than they were a decade ago.
In the report, conditioned by RE/MAX Canada, a key metric called LTV Ratio — LT V stands for loan-to-value...

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