BC Housing Market Activity Weakens Heading Into the Holidays
The British Columbia Real Estate Association (BCREA) reports that 5,052 residential unit sales were recorded in Multiple Listing Service® (MLS®) Systems in November 2025, down 13.3 per cent from November 2024. The average MLS® residential price in BC in November 2025 was down 1.4 per cent at $965,91
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Bank of Canada Interest Rate Announcement – December 10, 2025
The Bank of Canada held its overnight rate steady this morning at 2.25%. In the statement accompanying the decision, the Bank noted that the Canadian economy will likely continue to be challenged over the next year by trade volatility, but it expects underlying domestic demand to firm up in 2026. On
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Mortgage Rate Forecast (December 2025)
Bond markets in Canada and the United States are coming to terms with monetary policy that may be tighter than previously expected. Even after two rounds of rate cuts by the Bank of Canada, five-year bond yields have actually risen in recent weeks due to both forward guidance by the Bank – implying
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