Posts tagged rate

June Home Sales Rise 8.7%

Canadian sales of existing homes rose for a fifth month in June, adding to evidence that record low borrowing costs are fueling housing demand.
Sales rose 8.7 percent to 41,304 homes from the previous month on a seasonally adjusted basis, the Canadian Real Estate Association said today in a statement from Ottawa. Average home prices rose [...]


Real Estate capital growth / Toronto market?

in the Toronto Canada real estate market, if my home was purchased at 290k in 2003, I invested 90k in improvements, and sold at 490k, did my rate of return equal the market, or did I sell below market?…i.e. what was the average price appreciation in the Toronto market for 6 years, anyone know?, more

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Moishe Alexander reports: Ron Beyer says the rates may still hold

OTTAWA – The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/4 per cent. The Bank Rate is unchanged at 1/2 per cent and the deposit rate is 1/4 per cent.
Information received since the Bank’s April Monetary Policy Report (MPR) is broadly consistent with the Bank’s medium-term [...]


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