by Rishel | Jun 11, 2019 | Uncategorised
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...
by Rishel | May 1, 2019 | Uncategorised
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...
by Rishel | Apr 23, 2019 | Uncategorised
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...
by Rishel | Apr 15, 2019 | Uncategorised
Spring has sprung again and while the warmer weather is definitely a welcome change, the return of itchy eyes and a constantly dripping nose may not be. It’s estimated that about 25 per cent of Canadians are affected by seasonal allergies. This spring, try to avoid...
by Rishel | Mar 25, 2019 | Uncategorised
Budget 2019 introduces the First-Time Home Buyer Incentive. The Incentive would allow eligible first-time home buyers who have the minimum down payment for an insured mortgage to apply to finance a portion of their home purchase through a shared equity mortgage with...
by Rishel | Mar 13, 2019 | Uncategorised
The Bank of Canada today maintained its target for the overnight rate at 1 ¾ per cent. The Bank Rate is correspondingly 2 per cent and the deposit rate is 1 ½ per cent. Data suggest that the slowdown in the global economy has been more pronounced and widespread than...
by Rishel | Mar 11, 2019 | Uncategorised
Young adults who are not in employment, education or training (NEET) are often considered to be more at risk than their peers, as they may face a risk of becoming disengaged or socially excluded, and could miss out on gaining skills or experience in the labour market....
by Rishel | Mar 1, 2019 | Uncategorised
Millennials have made up a substantial portion of homebuyers in recent years and based on the 2018 Mortgage Consumer Survey, they continue to do so, representing just under 49% of first-time buyers. Although this is a decrease from 60% in 2017 and 58% in 2016,...
by Rishel | Feb 22, 2019 | Uncategorised
New data released from the Canadian Housing Statistics Program provide information on ownership of residential properties by non-individuals in Nova Scotia, Ontario and British Columbia. The Canada Mortgage and Housing Corporation published a report using these new...
by Rishel | Feb 15, 2019 | Uncategorised
Many of us make New Year’s resolutions every January. But statistics show that 80 per cent of people who make them will have broken them by end of January. If you feel like this is you, don’t fret. Most of us can agree, especially with recent holiday indulgences, that...
