To view the September 2023 Mortgage Rate Forecast PDF, click here.
Highlights:
1. Bank of Canada tightening sends mortgage rates to 15-year highs
2. Are high rates finally impacting economic growth?
3. How far will fixed mortgage rates fall once the Bank of Canada lowers its policy rate?
Additional economics information is available here on BCREA's website.
For more information, please contact: Gino Pezzani.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.
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