Monthly Archives:: January 2018

In line with financial market expectations, the Bank of Canada announced on January 17, 2018 it was raising its trend-setting overnight lending rate by a quarter point to 1.25%. Although the interest rate hike comes amid solid Canadian economic data, the Bank expects economic growth to slow from this point forward. Additionally, the Bank highlighted… View More >

Ottawa, ON, January 15, 2018 – Statistics released today by The Canadian Real Estate Association (CREA), show national home sales continued to climb in December 2017. Highlights: National home sales rose 4.5% from November to December. Actual (not seasonally adjusted) activity was up 4.1% year-over-year (y-o-y). The number of newly listed homes climbed 3.3% from… View More >