articles inflation-falls-in-july-but-housing-prices-keep-rising 
Housing Wire
AUGUST 4, 2023
From BLS : Total nonfarm payroll employment rose by 187,000 in July, and the unemployment rate changed little at 3.5 With headline consumer price index inflation running at 3% year over year, people are seeing real wage growth again, as we have been steady at 4.4% What do I mean by a make-up demand in labor? percent, the U.S.
Toronto Realty Blog
APRIL 29, 2024
Then again, I could take a variable rate, pay through the nose in the interim, but keep the flexibility to lock into a longer-term rate when the Bank of Canada finally cuts. The Bank of Canada has made six policy announcements since the last interest rate hike in July of 2023, and they have left the target rate at 5.00% all six times.
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The Close
AUGUST 22, 2023
The real estate housing market numbers, month over month, reflect incremental increases in inventory and median price, which have resulted in an incremental decrease in sales activity. ” Dr. Lawrence Yun , Chief Economist, NAR July 2023 Data: Is the Housing Market Crashing? My takeaway? Existing sales slipped 2.2%
Toronto Realty Blog
JUNE 2, 2023
In March of 2007, a client of mine purchased a house for $1,060,000, with a $50,000 deposit. In March of 2007, a client of mine purchased a house for $1,060,000, with a $50,000 deposit. Raise your hand if you remember buying a house over $1,000,000 with only 5% down? My hand is raised. I would bet, not.
Real Trends
DECEMBER 5, 2022
More recently, the Federal Reserve has raised interest rates to counter inflation. This article will tell you how to approach the conversation so you can remain lucrative amid the rising rates. This article will tell you how to approach the conversation so you can remain lucrative amid the rising rates.
Toronto Realty Blog
JUNE 20, 2022
No matter what you know, or don’t know, about inflation, you could take a look at the graph on the front cover of the WSJ that showed a spike on the left side and the right side, with four decades elapsed in between. Inflation Hit 8.6% That was the headline of the article. in March of 1980.
Housing Wire
JANUARY 5, 2023
The 2022 housing market was savagely unhealthy , with all-time lows in inventory leading to massive bidding wars and price spikes until the Fed put a screeching halt to all of it with rate hikes that resulted in the most significant one-year spike in mortgage rate history. Home price s. in total for the year.
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