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The Law of Supply and Demand

The Lack of Supply and the Strength of Market Demand here in Ottawa has the market hopping. Each Morning when I open my MLS program I take a look at the number of houses listed yesterday along with those back on the market and compare it to the the number of conditional sales and firmed sales. For the past few weeks the number has been just about exactly the same. Now usually at this time ...

Bank of Canada says Economy hotter than estimated

Economy hotter than estimated, Bank of Canada says Jeremy Torobin Ottawa — Globe and Mail, Mar. 02, 2010 The Bank of Canada kept its benchmark lending rate at a historic low 0.25 per cent Tuesday, while hinting that policy makers are on closer guard for shifts in the inflation outlook that might force them to rethink their pledge to stay on hold through midyear. In the statement ...