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There was a slight rise in employment in December, ending the year on a high note after two consecutive months of decline, according to the latest Labour Force Survey by Statistics Canada. There were 18,000 new jobs added in December. However, there are
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While 2011 proved to be a rocky road in the economy, there is much to look forward to in 2012 in the housing market- according to Dave Liniger, Chairman and Co-Founder of RE/MAX. Speaking about the recovery of the US housing market, Liniger says that
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National resale housing market activity continued climbing in July 2009, with sales posting the largest year-over-year gain in two years. It was also the first time on record that sales activity topped 50,000 units for the month of July in any year on
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Rock-bottom interest rates combined with some relief from Ottawa to pull the housing market out of its tailspin, industry experts said yesterday -- temporarily, at least. The optimism stems from fresh figures from the country's real estate board that
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First-time buyers driving force in Canada’s residential real estate markets, says RE/MAX Entry-level purchasers are now the engine driving home-buying activity in almost every major centre in Canada, according to a recent report released by RE/MAX.
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Canadians have the most to fear from fear itself While there is no doubt Canada has been sucked into recession by the global downturn, it appears the depth to which the economy will sink could be partly decided by cautious Canadians who have stopped consuming.
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OTTAWA -- The selling price of new homes in Canada went down by 0.1% between November and December, the third consecutive monthly decrease, Statistics Canada said Wednesday. On a year-over-year basis, the new housing price index increased by 0.4% in December,
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Earnings generated by companies in the S&P/TSX composite index will decline 7.5% in 2009, their lowest level of annual growth, and things might still get worse, some strategists say. But almost all strategists agree that stocks have rarely been cheaper.
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'It is business as usual' for Canadian lending, bank CEOs assert TORONTO - Canadian bank bosses say they're keeping up their lending but there's no doubt the country is undergoing a tightening of credit as other loan sources evaporate.
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TORONTO -- So far so good. After losing 35% in 2008 for its worst year since 1931, Canada's main exchange began the New Year with a resounding bang on strength in energy and resource stocks that were boosted by rallying commodity prices. The S&P/TSX
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Canada's housing market turned to favour buyers in '08; prices to decline in '09 3 days ago VANCOUVER, B.C. — Canada's housing market made skeptics proud and put eternal optimists to shame in 2008 as the favour turned quickly to
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The Canadian Real Estate Association says the price of your home is not down as much as you think, as long as you don't live in one of the country's larger cities. The Ottawa-based group, which represents 100 boards across the country, says major
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Bank of Canada keeps interest rates steady December 27, 2008, 4:04:43 PM The Bank of Canada held its benchmark overnight lending rate steady at three per cent at it's setting on September 3rd. The trend-setting Bank rate, which is set 0.25 percentage
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