Scotiabank Archives - Better Dwelling https://betterdwelling.com/tag/scotiabank/ Canada’s Fastest Growing Real Estate News Source Tue, 28 Nov 2023 20:51:58 +0000 en-US hourly 1 https://i0.wp.com/betterdwelling.com/wp-content/uploads/2016/07/cropped-better-dwelling-flower-logo.png?fit=32%2C32&ssl=1 Scotiabank Archives - Better Dwelling https://betterdwelling.com/tag/scotiabank/ 32 32 64691831 Canadian Real Estate Prices To Fall Over The Next Year: Scotiabank https://betterdwelling.com/canadian-real-estate-prices-to-fall-over-the-next-year-scotiabank/ https://betterdwelling.com/canadian-real-estate-prices-to-fall-over-the-next-year-scotiabank/#comments Tue, 28 Nov 2023 20:51:55 +0000 https://betterdwelling.com/?p=24358 Canadian real estate has been in growth purgatory for nearly a year, and we should expect another. That’s the takeaway from Scotiabank’s macroeconomic scenarios in their Q4 2023 earnings report. The bank generally expects home prices to fall over the next year, and move much slower than usual in the following years.  Canadian Real Estate […]

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]]> https://betterdwelling.com/canadian-real-estate-prices-to-fall-over-the-next-year-scotiabank/feed/ 3 24358 Bank of Canada Needs Higher Rates To Stabilize Real Estate & Counter Fed: Scotiabank https://betterdwelling.com/bank-of-canada-needs-higher-rates-to-stabilize-real-estate-counter-fed-scotiabank/ https://betterdwelling.com/bank-of-canada-needs-higher-rates-to-stabilize-real-estate-counter-fed-scotiabank/#comments Mon, 05 Jun 2023 16:17:22 +0000 https://betterdwelling.com/?p=23477 One of the country’s largest banks sees Canadian real estate getting out of control, and it can hit the whole economy. Scotiabank warns the Bank of Canada (BoC) needs to hike rates soon, or real estate and inflation will get out of control again. Failing to do so won’t just drive home prices higher, but […]

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]]> https://betterdwelling.com/bank-of-canada-needs-higher-rates-to-stabilize-real-estate-counter-fed-scotiabank/feed/ 15 23477 Bank of Canada Has A Solid Case To Double Interest Rates Next Meeting: Scotiabank https://betterdwelling.com/bank-of-canada-has-a-solid-case-to-double-interest-rates-next-meeting-scotiabank/ https://betterdwelling.com/bank-of-canada-has-a-solid-case-to-double-interest-rates-next-meeting-scotiabank/#comments Thu, 21 Apr 2022 02:08:23 +0000 https://betterdwelling.com/?p=20291 Canadian inflation is hitting multi-decade highs and is projected to get worse. Derek Holt, Scotiabank’s head of Capital Markets Economics, argues the pace of inflation will force interest rates to double by the summer. The Bank of Canada (BoC) is now so behind controlling inflation that raising the overnight rate by an entire point at […]

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]]> https://betterdwelling.com/bank-of-canada-has-a-solid-case-to-double-interest-rates-next-meeting-scotiabank/feed/ 1 20291 Bank of Canada Waited Too Long, Expect MUCH Higher Interest Rates: Scotiabank https://betterdwelling.com/bank-of-canada-waited-too-long-expect-much-higher-interest-rates-scotiabank/ https://betterdwelling.com/bank-of-canada-waited-too-long-expect-much-higher-interest-rates-scotiabank/#comments Mon, 14 Mar 2022 23:07:05 +0000 https://betterdwelling.com/?p=19937 One of Canada’s largest banks just made the most aggressive interest rate forecast yet. Scotiabank now sees the Bank of Canada (BoC) overnight rate hitting 3.0% by next year. The bank acknowledges it’s an aggressive call, but it’s needed to control inflation. They feel the BoC kept rates too low for too long, and now […]

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]]> https://betterdwelling.com/bank-of-canada-waited-too-long-expect-much-higher-interest-rates-scotiabank/feed/ 20 19937 Scotiabank Cuts Worst-Case Scenario For Canadian Real Estate, Sees Higher Price Growth https://betterdwelling.com/scotiabank-cuts-worst-case-scenario-for-canadian-real-estate-sees-higher-price-growth/ https://betterdwelling.com/scotiabank-cuts-worst-case-scenario-for-canadian-real-estate-sees-higher-price-growth/#comments Wed, 02 Jun 2021 03:35:44 +0000 https://betterdwelling.com/?p=16862 One Canadian bank doesn’t see home prices coming down anytime soon. Scotiabank shared their latest risk forecast in their Q2 2021 earnings. As of April 30, 2021, the bank sees a better outlook than they did in January. Home price growth is forecast to accelerate in the base and best case scenarios. As for the […]

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