By Sammy Hudes The council said 6,658 homes changed hands last month in the Greater Toronto Area, up 44.4 per cent from 4,611 in the same month last year. Sales increased 14% from September on a seasonally adjusted basis. The average sales price increased 1.1% from a year earlier to $1,135,215. The composite reference price, … Read more
By Nojoud Al Mallées The central bank’s interest rate announcement Wednesday comes after Statistics Canada reported that the annual inflation rate fell to 1.6% in September, below the inflation target of 2 % of the Bank of Canada. Nathan Janzen, deputy chief economist at RBC, said the latest consumer price index report reinforced his expectations … Read more
Although everyone has been enjoying incredible fall weather, it’s not just the temperature that’s rising. It appears the bond market is taking a cue from Mother Nature and heating up as well. While I would hate to go against the chorus of real estate agents saying you have to buy now to afford a home, … Read more