With the Canada 5 year bond crashing below 1.50, the lowest level since mid 2017, there remains cautious optimism that banks will slash mortgage rates- providing a shot in the arm to the Canadian housing market just in time for the spring market. It would certainly be welcoming news for an industry witnessing the fewest home sales in a decade and mortgage credit slowing to its weakest pace of growth since the 1980’s. However, those hopes could very well disappoint for several reasons.

Steve Saretsky: Your Trusted Vancouver Real Estate Agent for Expert Market Guidance
Key Political Developments Prime Minister Trudeau’s ResignationTrudeau, described as economically illiterate, is resigning. Trump’s Inauguration A knowledgeable Vancouver real estate