Page 7 - Bryan Yu News Today

All signs point to a "modest correction" of the Canadian housing market due to the ongoing recalibration triggered by higher borrowing costs.

Have yourself a week Evan Bilter! The outfielder on the Foothill varsity baseball team went through wins over San Ramon Valley and Livermore with eight hits in nine at-bats during last week. See that and more in our Pleasanton Preps...

Hockey Canada is set to stage a NextGen Para Hockey Development Camp in Montreal for 29 players selected by senior officials including national team head coach Ken Babey.

As expected, the Bank of Canada has raised its key lending rate by half a percentage point to one per cent – the biggest increase in more than two decades. What will that mean for B.C. real estate?

Canadians hoping for the federal government to throw down the gauntlet for housing affordability were disappointed with Budget 2022.

Cebu Integrated Transport Service Multi-Purpose Cooperative is considering to seek an increase in jeepney fare amid the impending increase in the prices of fuel.

The NDP government has delivered a $71B budget. Money has been earmarked for infrastructure upgrades, health care, climate change, childcare and housing.

Forecasts suggest GDP could drop by up to 12%; it dropped 5.1% and 89% of lost jobs gave been restored

FinanceCanadian house prices to jump this year, but will slow in 2022 Mumal Rathore 4 minute read Single family homes are seen against the skyline of Vancouver, British Columbia, Canada September 30, 2020. REUTERS/Jennifer Gauthier Canadian house prices will rise sharply in 2021, supported by ultra-low interest rates and robust demand driven by massive fiscal support, according to a Reuters poll of analysts who however said risks were skewed to the downside. Even with the economy at an early st...

This downward trend will continue in 2022 with a 21% contraction to 89,000 units, which would still be above the 77,400 units in 2018 and 70,600 units in 2019, but above the forecast of 85,800 units in 2023. Sales volumes are now at a record pace of 14,000 units per month, exceeding the previous cycle high in 2016. Record low interest rates and changing living preferences are often cited as reasons for the hot market conditions, but Central 1 chief economist Bryan Yu adds the pandemic’s uneve...