by Rishel | Aug 13, 2020 | Uncategorised
Home sales recorded over Canadian MLS® Systems in June 2020 rebounded by a further 63%, returning them to normal levels for the month – some 150% above where they were in April. Transactions were once again up on a m-o-m basis across the country. Among Canada’s...
by Rishel | Aug 13, 2020 | Uncategorised
The Bank of Canada today maintained its target for the overnight rate at the effective lower bound of ¼ percent. The Bank Rate is correspondingly ½ percent and the deposit rate is ¼ percent. The Bank is also continuing its quantitative easing (QE) program, with...
by Rishel | Jul 9, 2020 | Uncategorised
Months after COVID-19 began to spread in Canada, a large number of Canadian workers continue to work from home or are simply absent from their physical workplace. The survey asked these people whether they felt safe returning to work. At the time of survey collection...
by Rishel | Jun 25, 2020 | Uncategorised
Housing starts rose from 166.5K in April to 193.5K in May (seasonally adjusted and annualized). Urban starts improved 22K to 181.1K on increases in both the multi-unit (+14.9K to 135.9K) and the single-detached (+7.1K to 45.3K) segments. At the provincial level, urban...
by Rishel | Jun 12, 2020 | Uncategorised
Employment fell by more than one million in March (-1,011,000 or -5.3%). The employment rate—or the proportion of people aged 15 and older who were employed—fell 3.3 percentage points to 58.5%, the lowest rate since April 1997. Of those who were employed in March, the...
by Rishel | Jun 4, 2020 | Uncategorised
While staying home to help stop the spread of COVID-19, Canadians are spending more time looking at properties on REALTOR.ca, Canada’s No. 1 real estate platform*. During the week of March 9, visits to REALTOR.ca dropped by 30%; however, since April 12 traffic has...
