Home Price Decline Accelerated in June

Dr. Sherry Cooper Brent Shepheard 15 Jul

This is the latest post from Dominion Lending Centres, Chief Economist, Dr. Sherry Cooper HOUSE PRICE DECLINE ACCELERATED IN JUNE Statistics released today by the Canadian Real Estate Association (CREA) show that the slowdown that began in March in response to higher interest rates has broadened. Home sales recorded over Canadian MLS® Systems fell by 5.6% […]

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Canadian Inflation Spikes to 6.7% in March

Dr. Sherry Cooper Brent Shepheard 20 Apr

This is the latest update from Dominion Lending Centres Cheif Economist, Dr. Sherry Cooper Holy Smokes! Canadian Inflation Is At 6.7%   StatsCanada today reported that consumer prices rose a whopping 6.7% year-over-year in March, a full percentage point above the 5.7% reading the month before. Market-driven interest rates shot up on the news as […]

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7 Closing Costs You Need To Budget For

Mortgage Brent Shepheard 2 Apr

7 Closing Costs You Need To Budget For   What are closing costs? Closing costs are an often overlooked expense in the home buying process, especially among first-time home buyers.   Closing costs are in addition to your down-payment funds.  Most lenders use a standard calculation of 1.5% of the purchase price to determine the closing […]

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Canadian CPI Inflation Rises to 5.7%

Dr. Sherry Cooper Brent Shepheard 17 Mar

This is the latest blog post from DLC Chief Economist, Dr. Sherry Cooper. Inflation Pressures Accelerating StatsCanada today reported that Canadian inflation rose 5.7% year-over-year in February, up again from the prior month’s 5.1% rise. This was the largest gain since August 1991 (+6.0%). This was no surprise, as the Ukraine War has stepped up […]

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