
Bank of Canada rate hike
Today the Bank of Canada (BoC) made its decision to only raise the overnight rate by 0.50%, while the majority of economists were expecting 0.75%. 🏠 The major news here is the Bank's lowered outlook on Canadian inflation over the next two years. The BoC now projects the Consumer Price Index to co
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Have increased mortgage rates made housing more expensive in Oakville, Milton, and Burlington?
Oakville's average selling price went up from June to July by 6% to $1,524,000 and is up 7% from last July, but down 16% from it's peak in March. Milton's average selling price went down by 1.7% from June to $1,082,214 which is up by 6% from last July but down 20% from it's peak in February. Bur
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