ICYMI: Why these economists think Canada's housing correction is going to be worse than they feared — via financialpost Canada economy housing
Evidence that Canada’s housing market is cooling has been obvious for several months, but now some economists say signs are appearing that the reckoning will be worse than they had feared.
Mortgage spreads dropped during the pandemic when lenders were eager to offer homebuyers financing, but this trend has reversed in recent months. until September. Although Magenta accounts for only a small portion of total lending, it is a big player in the subprime market, says Capital, and its decision may only be the beginning.
As financing dries up, the risk of forced home sales rises, “something Canada’s housing market has historically avoided,” said Capital economist Stephen Brown.might suggest.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Posthaste: Economists now see hotter inflation ahead — and higher Bank of Canada ratesEconomists see hotter inflation ahead — and higher Bank of Canada rates — via financialpost inflation
続きを読む »
Monkeypox vaccines offered to gay and bisexual men in New York, Canada and U.K.Monkeypox cases have been disproportionately reported among men who have sex with men, prompting health authorities to expand vaccine access to people at high risk.
続きを読む »
Canada Banning Single-Use PlasticsCanada will be banning the manufacture and importation of single-use plastics by the end of the year, in a sweeping effort to fight pollution and climate change. What do you think?
続きを読む »
Canada joins international agreement to help Indigenous businesses access new marketsOTTAWA — Canada has joined a global Indigenous trade forum that International Trade Minister Mary Ng says will help First Nations entrepreneurs benefit from…
続きを読む »
Directors Guild Of Canada BC Ratifies New Film & TV ContractMembers of the Directors Guild of Canada in British Columbia have voted overwhelmingly – 89.5% to 10.5% – to ratify a new three-year film and TV contract with the AMPTP and the Canadian Media Produ…
続きを読む »
Canada Goose Rival Bosideng Reports Profit Gain, Sees Apparel RecoveryBosideng was upbeat about the outlook this year. “Currently, global consumption demand for apparel is recovering steadily,” it said.
続きを読む »