Durham Region Mortgage Market Update
60% of market watchers are currently speculating that they expect to see interest rates rising this month. Why do they think this? April reports showed that the GDP increased 0.2% which is the 6th month in a row that it is on the rise. April also showed 14 of 20 sectors on the rise. We have seen a slow down in the housing market in quarter two and inflation is still a concern as it is below the 2% target and still falling. When will we know? The bank of Canada evaluates



















