Hi guys, Welcome to the Advanced Video Search Engine, and you are watching Bank of Canada Rate Cut a 'butter knife' to Real Estate: Financial Post. That video is uploaded by Mark Mitchell - Mortgage Broker London Ontario at 2024-07-08T10:42:01-07:00. We are promoting this video only for entertainment and educational purpose only. So, I hope you like & enjoy it. [PEYdB80-sVY]
| Name | Bank of Canada Rate Cut a 'butter knife' to Real Estate: Financial Post |
| Video Uploader | Video From Mark Mitchell - Mortgage Broker London Ontario |
| Upload Date | This Video Uploaded At 08-07-2024 17:42:01 |
| Video Discription | #BankofCanada #CanadaRealEstate #CanadianEconomy The Bank of Canada brought a, “butter knife to a gunfight”, at a time when the real estate market, and borrowers, need a bigger saviour – This according to Rob Mclister in the Financial Post. Links: Bank of Canada's June rate cut was like bringing a butter knife to a gunfight: https://financialpost.com/real-estate/bank-of-canada-june-rate-not-enough-spur-housing Was the BoC's rate cut enough to spur a housing market revival?: https://www.mpamag.com/ca/mortgage-industry/industry-trends/was-the-bocs-rate-cut-enough-to-spur-a-housing-market-revival/496000 Toronto home sales down 16% despite Bank of Canada’s rate cut: https://financialpost.com/real-estate/toronto-home-sales-down-june-despite-bank-of-canada-rate-cut Edmonton real estate sales drop 11.4% in June: https://edmontonjournal.com/business/real-estate/edmonton-real-estate-sales-june-2024 Housing sales remain slow in June in Waterloo Region, prices fall: Realtors: https://globalnews.ca/news/10604842/waterloo-region-housing-sales-prices-june-real-estate/ Consumer Price Index, May 2024: https://www150.statcan.gc.ca/n1/daily-quotidien/240625/dq240625a-eng.htm?indid=3665-1&indgeo=0 Policy interest rate: https://www.bankofcanada.ca/core-functions/monetary-policy/key-interest-rate/ Bank of Canada worries a rate cut now could overheat the spring housing market: https://www.cbc.ca/news/business/housing-interest-rates-bank-of-canada-1.7135766 Bank of Canada’s rate cut deliberations detail housing market anxieties: https://globalnews.ca/news/10575980/bank-of-canada-rate-cut-deliberations-housing-market-anxieties/ Posthaste: Obstacles to the Bank of Canada cutting rates are fading — except for this one: https://financialpost.com/news/bank-of-canada-rate-cut-obstacles-fading Funds advanced, outstanding balances, and interest rates for new and existing lending, Bank of Canada: https://www150.statcan.gc.ca/t1/tbl1/en/tv.action?pid=1010000601&cubeTimeFrame.startMonth=01&cubeTimeFrame.startYear=2019&cubeTimeFrame.endMonth=03&cubeTimeFrame.endYear=2024&referencePeriods=20190101%2C20240301 ‘Game on’ for Canada’s housing market?: https://thoughtleadership.rbc.com/game-on-for-canadas-housing-market/ 'Grim' outlook as housing affordability hits 31-year low: https://www.bnnbloomberg.ca/grim-outlook-as-housing-affordability-hits-31-year-low-1.1698487? Home affordability to improve in Canada as rates fall and incomes rise, BMO says: https://www.bnnbloomberg.ca/home-affordability-to-improve-in-canada-as-rates-fall-and-incomes-rise-bmo-says-1.2085559 Linking immigration to the housing shortage may be missing the problem, experts say: https://www.cbc.ca/news/politics/immigration-housing-crisis-costs-1.7088878 Immigrant status and period of immigration by income and highest level of education: Canada, provinces and territories, census metropolitan areas and census agglomerations with parts: https://www150.statcan.gc.ca/t1/tbl1/en/tv.action?pid=9810031301 Record-Breaking Population Growth Means More Expensive Homes: Economists: https://storeys.com/population-growth-canada-immigration-housing/ Toronto’s real estate market continue to be so overrun with homes no one is buying: https://www.blogto.com/real-estate-toronto/2024/06/toronto-real-estate-market-overrun-homes-no-one-buying/ Canada 5 Year Government Bond: https://www.marketwatch.com/investing/bond/tmbmkca-05y?countrycode=bx Interest Rates: Immediate Rates (24 Hours): Prime Rates: Total for Canada: https://fred.stlouisfed.org/series/IRSTPI01CAM156N Mark Mitchell – Mortgage Broker London Ontario 920 Commissioners road east London, Ontario N5Z 3J1 Phone: (519)860-2102 (Call or Text) MarkMitchell@LondonOntarioMortgages.ca Brokerage Lic: 10464 Broker Lic: M16001479 https://www.LondonOntarioMortgages.ca – Apply Online!! Youtube Channel: https://www.youtube.com/c/MarkMitchellMortgageBrokerLondonOntario Subscribe NOW for more Mortgage/Financial News/Videos. Follow me on Social Media: Instagram - https://www.instagram.com/mortgagebrokerlondonontario Facebook - https://www.facebook.com/londonontariomortgages Twitter - https://twitter.com/londonmortgage1/ LinkedIn - https://www.linkedin.com/in/mark-mitchell-london-s-mortgage-broker-197842123/ TikTok - https://www.tiktok.com/@mortgagebrokerlondon?lang=en Commentary on this Channel should not be considered financial advice. PEYdB80-sVY |
| Category | Education |
| Tags | #BankofCanada | #CanadaRealEstate | #CanadianEconomy | #CanadianRealEstate | #FinancialPost |
