Home sales rise again in May 2019

Home sales recorded via Canadian MLS® Systems rose by 1.9% in May 2019. Together with monthly gains in March and April, activity in May reached the highest level since January 2018. While sales stood 8.9% above the six-year low reached in February 2019, this latest...

Bank of Canada keeps rate target at 1 ¾ %

The Bank of Canada kept its target for the rate at 1 ¾ per cent. The Bank Rate is 2 per cent and the deposit rate is 1 ½ per cent. Canadian economic data are in line with the projections in the Bank’s April Monetary Policy Report, with gathered evidence that the...

Canadian home sales increase in March 2019

Home sales went up 0.9% in March 2019 following a fall in February, leaving activity near some of the lowest levels recorded in the last six years. There was an even split between the number of markets where sales rose from the previous month and those where they...

Canadian property sales advance higher in March 2019

Property sales via Canadian MLS® Systems went up 0.9% in March 2019 following a sudden drop in February, leaving activity near some of the lowest levels recorded in the last six years. There was an even break between the number of markets where sales went up from the...