Market Update

  • Another interest rate cut? by Steve Randall

    Bank of America Merrill Lynch told its clients Monday that the weakness in the oil industry spreading out to other industries will prompt a further interest rate cut by the Bank of Canada when it meets on January 20

  • Building permits down almost 20 per cent by Steve Randall

    The value of building permits issued by municipalities was down 19.6 per cent from October to $6.2 billion in November, falling below the $7-billion mark for first time since May 2015

  • It’s not just homes that are booming in the GTA by Steve Randall

    Toronto’s commercial property market is showing strong growth according to the latest data from local realtors

  • Montreal reports strong December sales by Steve Randall

    The Greater Montreal Real Estate Board has reported its strongest December sales for four years with an 11 per cent rise from 2014

  • Record year for Toronto home sales by Steve Randall

    The Toronto Real Estate Board reported its second best sales for December in 2015, which completed a record breaking year for the region’s realtors

  • Slump in Calgary’s luxury home sales by Steve Randall

    Calgary’s luxury home market slumped in 2015 with sales of homes priced over $1 million down 41 per cent from 2014

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