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The long-predicted soft landing for condominium markets in cities across Canada is in sight for 2015, with modest gains in sales and prices in most major Canadian cities, according to the latest Conference Board of Canada condo report released by Genworth Canada. The Winter 2015 Metropolitan Condo Outlook forecasts positive condominium price appreciation in most […]
The Consumer Price Index (CPI) rose 1.0% in the 12 months to February, matching the increase in January. Lower gasoline prices continued to be the largest downward contributor to the CPI on a year-over-year basis in February, posting a 21.8% decline. However, February's decline was smaller than the 26.9% year-over-year decrease observed in January. Excluding gasoline, the CPI increased 2.2% on a year-over-year basis in […]
International investment in commercial real estate is dominated by Asian interests in both Canada and the U.S., according to a new survey from the Richard J. Rosenthal Center for Real Estate Studies at REALTOR®University and the National Association of Realtors®. Investors Lead International Commercial Investment (PRNewsFoto/National Association of Realtors) The survey found that 47 percent of Canadian respondents […]
According to statistics released by The Canadian Real Estate Association (CREA), national home sales activity edged up slightly on month-over-month basis in February 2015. Highlights: National home sales edged up 1.0% from January to February. Actual (not seasonally adjusted) activity stood 2.7% above February 2014 levels. The number of newly listed homes fell 2.5% from […]
Do you have a household budget? Do you know how much you'll need to save to maintain your lifestyle in retirement? Do you know how to get your credit report? If you don't consider yourself particularly money-savvy, you're not alone. Nearly two-thirds of Canadians taking part in the 2014 Canadian Financial Capability Survey (CFCS) rate […]
How Canadians keep their homes warm in winter depends on which part of the country they call home. Data from the 2013 Households and the Environment Survey reveal that those from Ontario and in the West mostly opt for forced air furnaces burning natural gas. In Quebec and in the East, it is electric powered baseboard heaters […]
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 3/4 per cent. The Bank Rate is correspondingly 1 per cent and the deposit rate is 1/2 per cent. Total CPI inflation in Canada has fallen as expected, reflecting the significant drop in oil prices. Core inflation remains […]
