A tale of 2 housing markets?

The new Banner Plaza on the M18 from the owner of Supermacs includes a supermarket, play area and a large food court a €20m investment and 120 new jobs. But it was far from smooth sailing to get it opened. In fact, it was 8 years behind schedule thanks to a number of judicial rev ...  Show more

New figures for motor insurance by the Central Bank showed a 4% rise in premiums in the first half of last year. The National Claims Information Database shows that the cost of repairing cars went up again last year and is up 155% since covid but payouts for claims in the courts ...  Show more

Last year, as the Federal Reserve hiked rates to the highest levels in decades, there were lots of warnings about an imminent collapse in the US housing market. But home prices have only dipped slightly since then and now they're even recovering, stacking up three consecutive mon ...  Show more

While the cost of shelter has risen quickly, the measure of housing inflation has been slow to catch up, creating challenges for renters, homeowners and the Fed.

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Welcome to Thoughts on the Market. I'm Andrew Sheets, Chief ...

Thanks to the surge in mortgage rates, we've seen a historic collapse in mortgage affordability. New homebuyers are facing a massive sticker shock relative to what they could have paid just six months ago. So does this mean that house prices are due for a crash? On this episode o ...  Show more

Description: How have aggressive interest rate hikes impacted the housing markets in both Canada and the US? And how will stable rates impact current housing affordability? BMO Senior Economists Sal Guatieri and Robert Kavcic discuss corrections, market stability, and signs of a ...  Show more