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Toronto

Home sales dip in October as market cools

OTTAWA - Canadian home resales dipped last month for the first time since February in what many see as a signal that a so-called correction in the housing market remains in place. The Canadian Real Estate Association reported Friday that the number of transactions fell 3.2 per cent in October from September on a seasonally [...]

By |2017-01-04T01:02:19+00:00November 25th, 2013|Economy|0 Comments

Housing market calming, Condo Report

Bank of Montreal economics published a Special Report last week on the Canadian housing market which seems to provide ample evidence that markets really are in the process of achieving the much sought  after “soft landing” after federal policy makers took steps to cool the market last summer. The bank also predicts that the soft [...]

By |2017-01-04T01:02:26+00:00June 3rd, 2013|Economy|0 Comments