Great News on the Inflation Front Cause Big Bond Rally

Latest News Kim Stenberg 20 Feb

Canadian Inflation Falls to 2.9% in January, Boosting Rate Cut Prospects The Consumer Price Index (CPI) rose 2.9% year-over-year in January, down sharply from December’s 3.4% reading. The most significant contributor to the deceleration was a 4% decline in y/y gasoline prices, compared to a 1.4% rise the month before (see chart below). Excluding gasoline, […]

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Canadian Home Sales Continued to Rise in January as Markets Tightened

Latest News Kim Stenberg 14 Feb

Canadian Home Sales Continued Their Upward Trend in January as Prices Fell Modestly The Canadian Real Estate Association announced today that home sales over the last two months show signs of recovery. National sales were up 3.7% between December 2023 and January 2024, building on the 7.9% gain in December. The chart below shows that […]

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Winterizing Your Home

General Kim Stenberg 5 Dec

We Canadians are no strangers to the chill of the winter season! As we shift into the final few months of 2023, now is a great time to check your home before the cold front hits. Below I have included a few tips that could help you save on bills, prevent future repair costs, and […]

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Economic Slowdown: The Table is Set for Rate Cuts in 2024

Latest News Kim Stenberg 30 Nov

Q3 GDP Weaker Than Expected Paving the Way for Future Rate Cuts The Canadian economy weakened far more than expected in the third quarter, down 1.1% annually. However, the Q2 figures were revised up significantly from a 0.2% decline to a rise of 1.4%. Such are the vagaries of economic data. The Canadian economy is […]

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Avoid Costly Mistakes When Building a New Home

General Kim Stenberg 28 Nov

Building a new home is a super exciting endeavor as you opt to create the perfect space for you and your family. However, building a home is not without its costs and potential surprises… to mitigate bumps on your homebuilding journey and avoid costly mistakes, consider the following tips: Set a Realistic Budget When building […]

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Canadian Inflation Fell to 3.1% (y/y) in October, Ensuring the Bank of Canada Holds Rates Steady

Latest News Kim Stenberg 23 Nov

GOOD NEWS on the Inflation Front Suggests Policy Rates Have Peaked Today’s inflation report showed a continued improvement, mainly due to falling year-over-year (y/y) gasoline prices. The October Consumer Price Index (CPI) rose 3.1% y/y, down from the 3.8% rise in September. There were no surprises here, so markets moved little on the news. Excluding […]

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Canadian Inflation Dips to 3.8% Keeping BOC on the Sidelines

Latest News Kim Stenberg 19 Oct

Good News on the Inflation Front Suggests Policy Rates Have Peaked Today’s inflation report for September was considerably better than expected, ending the three-month rise in inflation. Not only did the headline inflation rate fall, but so did the core measures of inflation on a year-over-year basis and a three-month moving average basis. This, in […]

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