Let's talk economy and how it effects Canada

The Intricate Dance: Consumer Spending and the Housing Market

Credit, Homeownership, Investments, Mortgages, RatesLeave a comment

Consumer spending and the housing market are deeply intertwined, each influencing the other in complex ways. Let’s explore this relationship and what it means for homeowners and the broader economy. Current Consumer Spending Trends Recent data shows: • Retail sales growth is at 0.2% • This is significantly below the historical average of 4.69% since

Cultivate + Evolve Celebrates Positive News for Canadian Homebuyers

Community, Homeownership, Real EstateLeave a comment

Good News for Canadians: OSFI’s Responsive Decision Eases Mortgage Regulations In a positive turn of events for Canadians in the housing market, the Office of the Superintendent of Financial Institutions (OSFI) has made a decision that reflects the concerns and feedback shared by industry stakeholders and consumers alike. This decision, announced after nine months of