OTTAWA - The Canadian dollar jumped early Friday as the country's main statistical agency reported the economy unexpectedly created jobs in August and that the private sector kicked into action for the first time in almost a year.
Last month saw almost a total reversal of July's disappointing report with 27,100 net jobs create, and the private sector adding 49,200 workers, the first time they have ...
Posted by Gavin Heintz
on September 4, 2009
National Home Sales Up Again
Canada's housing market is still rising, for the sixth month in a row since February of 2009. The sales in July set a historical record for the month, as over 50,200 homes were sold. That's almost twenty percent as many sales as took place in July of 2008. This marks the first time that sales in July have been above 50,000. Compared to the massive 9 percent increase in ...
Posted by Gavin Heintz
on August 27, 2009
Sales of existing homes in Canada jumped 31.5 percent in the second quarter from the first and saw their first year-over-year quarterly increase since before the peak of the financial crisis, the Canadian Real Estate Association said on Tuesday.
The industry group said actual home sales totaled 147,351 units in the second quarter of 2009, up 1.4 per cent from the same quarter of 2008.
Home sales ...
Posted by Gavin Heintz
on July 15, 2009
The Canadian Real Estate Association said this week that the rebound in home sales and prices for April was stronger than expected. Seasonally adjusted national sales climbed 11.2% from March, the largest month-over-month gain in more than five years. The number of homes that changed hands (34,838), was higher than in any of the prior seven months. Calgary led the rebound, with a 31% gain in sales ...
Posted by Gavin Heintz
on June 4, 2009
Down market. Up market. It doesn't matter. Spring showers typically bring spring buyers.
But if you wait for the seasonal thaw you'll join what could be a throng of market savvy buyers who have already scoped the lay of the land and are elbowing for position.
In many communities, an over-supply of homes for sale with reduced prices, foreclosures, auction sales and sellers shopping for short sale ...
Posted by Gavin Heintz
on March 4, 2009