My take on the report issued by Scotiabank and recent interest rate announcement by Bank of Canada
Read More »Tag Archives: upward pressure
GTA REALTORS® REPORTING MARCH MID-MONTH HOUSING STATISTICS
TORONTO, MARCH 17, 2010 – Greater Toronto REALTORS® reported 4,353 sales through the Multiple Listing Service® (MLS®) during the first two weeks of March. This represented a 70 per cent increase compared to the 2,562 sales recorded during the same period in 2009 when resale transactions had dipped markedly due to the recession. The mid-month sales total was also 16 …
Read More »Surge in Residential Home Sales
Mississauga, ON. (July 13, 2009) – Pent-up demand for residential housing has bolstered sales in Canada’s major markets-a clear signal that the housing sector has shifted into recovery mode, says RE/MAX. More balanced market conditions have emerged, effectively ending the stronghold that buyers had on the market over the past six to eight months. Canada’s largest markets, Toronto and Vancouver, …
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