Scotia Economics released a report today stating that Canadian real estate has managed amidst all the global turmoil to remain rather steady. Check out the article below by the Canadian Real Estate Magazine. Canadian real estate market steady despite global economic tremors Despite a recent slowdown in economic activity that…
Carney holds interest rate at 1% – Business – CBC News
September 7, 2011 by Leave a Comment
As recently as July it was believed that a fall rate hike was a sure thing, but things have changed since then and in a much anticipated move, the Bank of Canada announced this morning that it is holding on rates. The overnight rate will stay put at 1 per…
Royal Lepage: My Great Neighbourhood Contest
September 2, 2011 by Leave a Comment
Love your neighbourhood? If so, take a few minutes and enter the My Great Neighbourhood Contest. Use your creativity. Submit your videos, photos and stories to tell Canada why your neighbourhood is the greatest! Make sure to make it as entertaining and informative as possible. From now until October 21,2011…
RBC: Canadian Resale Market to Moderate Not Crash, Home Prices Increase by 4.4% in 2011
July 21, 2011 by Leave a Comment
Late last week the Royal Bank of Canada released a report by Senior Economist Robert Hogue stating that the housing market in Canada is in a period of transition to a more moderate and sustainable pace of growth. According to Hogue “we expect resales in Canada to grow by 0.9%…
In The News: Canada new home prices beat estimates in May
July 8, 2011 by Leave a Comment
Canada new home prices beat estimates in May Financial Post Jul 7, 2011 OTTAWA — New home prices rose 0.4% in May, following a 0.3% gain in the previous month, Statistics Canada said Thursday. Economists had expected prices to rise by 0.2% for the month. The federal agency said the…