Global News today announced that the Bank of Canada will provide for the first time next week its estimate of economic growth in the current quarter.
“We think the Bank of Canada will be revising down their Q1 forecast in January as we’ve just done, but in terms of the impact (of shutdowns) on inflation that’s not as clear,” said Josh Nye, senior economist at Royal Bank of Canada.
Money market data on Monday showed the chances of the Bank of Canada announcing a rate hike on Jan. 26 has increased to nearly 70 percent after a central bank survey of businesses pointed to higher wage pressures.
Will the Bank of Canada hike interest rates next week? More investors saying yes! We are expecting the economy to rebound quickly when restrictions are lifted.
There is an extremely short supply of inventory in the real estate market while the demand is high. If you know someone such as your neighbors, friends, and acquaintances who wants to sell the house/townhomes/condos, let me know, please.
Concord Brentwood will be launching its 3 phase presales project named “OASIS” soon. Please register http://www.ConcordOasis.com and a preview package will send out to you. Remember to put Eva Li as your realtor so won’t get unexpected random calls.
If you or your family would like to find out more about other pre-sales projects in the Lower Mainland, let me know and I could get more information for you.
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