Bank of Canada Interest Rate
April 21, 2009
0.25%*
June 4, 2009
0.25%
July 21, 2009
Next meeting date
Source: Bank of Canada
* Bank of Canada indicated it would keep interest rate at this level until June 2010
Bank Prime Lending Rate
April 22, 2009
2.25% ...
Posted by Constantine Isslamow
on July 2, 2009
The Bank carries out monetary policy by influencing short-term interest rates. It does this by raising and lowering the target for the overnight rate.
The overnight rate is the interest rate at which major financial institutions borrow and lend one-day (or "overnight") funds among themselves; the Bank sets a target level for that rate. This target for the overnight rate is often referred to as the ...
Posted by Constantine Isslamow
on June 30, 2009
The Canadian Real Estate Association (CREA) reported an 11.2 per cent increase in existing home sales from March to April, making the third monthly rise in sales in a row.
With the recent release of sales numbers, the CREA revised its previous forecast for the housing market, saying sales will come in at 370,500 for 2009 instead of 360,900.
I continue to see more activity in the lower end ...
Posted by Constantine Isslamow
on June 27, 2009
With the summer selling season now here, what can sellers do to maximize the chances of selling their home in a challenging market?
Hiring a qualified real estate agent and setting the right listing price are the first steps to selling your home quickly. But there are other things you can do to help differentiate your home from the competition and attract potential buyers.
Curb appeal. You don't ...
Posted by Constantine Isslamow
on June 18, 2009
FOR IMMEDIATE RELEASE: ...
Posted by Constantine Isslamow
on June 16, 2009
Effective June 12, 2009
GET THE MORTGAGE THAT MEETS YOUR NEEDS
With unbiased advice, fast, flexible service, competitive rates, and access to many lending sources, I can make sure you get the mortgage that meets YOUR needs. Call me today and SAVE!
Posted Rate %
Best Rate %
1-year
...
Posted by Constantine Isslamow
on June 12, 2009
Spring 2009 Peterborough housing market:
Average prices have little relevance to your home
Let's face it, nobody wants to be average. It's the terrain of the unremarkable-the realm of the safe middle ground. But while "average" is by its very definition nothing to brag about, it does have its place in our world. It shows us the big picture. It reminds us where we stand, right?
Well, to a point. ...
Posted by Constantine Isslamow
on June 11, 2009
Effective June 10, 2009
GET THE MORTGAGE THAT MEETS YOUR NEEDS
With unbiased advice, fast, flexible service, competitive rates, and access to many lending sources, I can make sure you get the mortgage that meets YOUR needs. Call me today and SAVE!
Posted Rate %
Best Rate %
1-year
...
Posted by Constantine Isslamow
on June 10, 2009
SUB-DISTRICT 1-5 SINGLE FAMILY HOMES
Residential
Unit Sales
Number of Bedrooms
Active
Listings
Price Class
2 or Less
3
4 or More
Price Class
2 or Less
3
4 or More
Under $100,000
0
0
0
Under $100,000
2
0
0
$100,000 - 149,999
1
7
0
$100,000 ...
Posted by Constantine Isslamow
on June 6, 2009
Peterborough and The Kawarthas Number of Units Sold by
Price, Average Days on Market and Sale to List%
January 1, 2009 - May 31, 2009
Price
Units Sold
Average Days
Sale to List %
<30,000
0
0
0
30000-39999
1
98
80
40000-49999
2
68
76
50000-59999
0
0 ...
Posted by Constantine Isslamow
on June 6, 2009