Home price relief, New buyers, BoC and housing, Savings uptick, More

Will Ontario see any home price relief this year? View web version | Forward to a colleague 23 January 2024 Top News Will Ontario see any home price relief this year? The province's housing market remains one of Canada's priciest First-time buyer prospects a 'big question' for 2024 Could affordability improve in the year ahead? What impact would a BoC rate cut have on home prices? Would-be homebuyers and investors will have to contend with the lingering effects of overvaluation, says observer Slower market driven by greater saving: banking giant Discretionary spending is "well below" pre-pandemic trends, says Andrew Grantham of CIBC Capital Markets Income, wealth gaps widen in Canada, says statistics agency Higher interest rates continue to have a negative impact on the country's least wealthy households FSRA increasing focus on mortgage suitability in 2024 This will ultimately strengthen consumers' trust in the mortgage sector Feds announce foreign student admission cap The two-year limitation on international student admissions will cut down the number of new study visas for this year by 35%. Major name exiting Scotiabank – report He has been with the firm for decades Housing a key focus for NDP during Edmonton retreat Meeting arrives ahead of Parliament's return next week International News What's impacting US housing supply? Upswing in construction is unable to meet demand for homes Brokers, loans on the rise in Tasmania 1,838 loans lodged in the Apple Isle in six months Banks forecast interest rates for 2024 ANZ, Westpac economists share latest predictions Government mulls over 99% mortgage idea Industry experts share their thoughts CMP Talk FSRA talks suitability focus in 2024 What do brokers and agents need to keep in mind? Want to change how you receive these emails? You can manage your preferences or unsubscribe. © 2024 KM Business Information Canada Ltd. 317 Adelaide street west, Toronto, ON Privacy | Conditions of Use | About us | Contact us

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