Canadian Real Estate News
| Existing home sales activity remains strong in November | | Tue, 15 Dec 2009 13:58:41 +0000 | |
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According to statistics released by The Canadian Real Estate Association, existing home sales activity remained upbeat in November 2009. The current strength of housing demand stands in sharp contrast to weak activity recorded one year ago.
A total of 36,383 residential properties traded hands via t | |
| Bank of Canada maintains interest rates | | Wed, 09 Dec 2009 17:46:16 +0000 | |
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Reiterates commitment to hold until end of second quarter of 2010
As was widely expected, the Bank of Canada held its benchmark overnight lending rate steady at 0.25 per cent at its setting on December 8th, 2009. The trend-setting Bank rate, which is set 0.25 percentage points above the overnight le | |
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