• Bank of Canada Inflation Forecast

    DLC Parato Mortgage Group   |  

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    The Bank of Canada raised its inflation forecast in the newly released July Monetary Policy Report (MPR), making it one of the most hawkish central banks in the world. The Bank announced its third action to reduce its emergency bond-buying stimulus program by one-third. 

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  • Canadian Housing Continued to Slow in June

    DLC Parato Mortgage Group   |  

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    Ontario real estate is seeing an average year-over-year rate of price growth in the 30% range, however, as with B.C., gains are notably lower in the GTA and considerably higher in most other parts of the province.

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