Canada housing crash, Mortgage market and rate hikes, Credit unions, Banking giants’ Q2 results, More

A Canada housing crash? Don't count on it, says RBC economist

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25 May 2022

Top news A Canada housing crash? Don't count on it, says RBC economist "This is more likely to be a soft landing than a severe correction or some kind of crash or meltdown" Mortgage market feels the impact of rising rates A market cooldown is underway – and brokers are essential in current climate, says Ontario mortgage professional New podcast: this is the new mortgage movement Gain essential insights from MCAN Mortgage on building long-term partnerships MCAN Mortgage Credit unions, private lenders on the rise amid rate increases Consumers seek the elbow room that these lender types provide BoC official: Household debt levels could heighten impact of rate hikes Canada's household debt-to-income ratio is now hovering at around 186% Finances worsening for Canadians as inflation surges, poll finds Is an economic slowdown on the way? BMO posts quarterly financial results The announcement arrived amidst "challenging conditions," according to bank CEO Scotiabank reveals Q2 earnings Find out how the banking giant fared in 2022's second quarter REIT announces latest board trustee The executive holds decades of experience in key leadership roles Vancouver rent rates post significant monthly, annual growth Demand for higher-end properties is steadily increasing, new survey says International news HSBC banker suspended over climate change jibes Sympathy among financial leaders while Bank of England urges institutions to do more to address global issue Reserve Bank of New Zealand hikes rate Fifth increase brings rate to 2% Which housing schemes will continue under new government? Regional First Home Buyer Support Scheme joins mix Shift in home values – find out where Zillow study reveals price gains over past year CMPTV What's next for the market? Company provides industry updates

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