Tag Archives: Market Watch

Market Watch – May 2011

Greater Toronto REALTORS® reported 10,046 sales in May 2011 – up six per cent compared to May 2010. This result was the second best on record for May under the current Toronto Real Estate Board service area. The number of new listings in May, at 16,076, was down 15 per cent compared to last year.

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Economic and Commercial Update – April 2011

Jason Mercer's take on what the market is currently doing in Toronto relating to commercial and industrial markets. We are expecting to see steady growth in the maket. What do you think? Do you agree with what Jason is suggesting? Join the conversation

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No rate hikes imminent, BoC signals

During the interest rate announcement on April 12, 2011, Mark Carney, Bank of Canada Governor, left the over night lending rate at 1% which is great news for anyone with variable rate mortgages.  There’s also speculation that the first interest rate hike will come in July which will give buyers enough time to get their pre-approvals in place and purchase …

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