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Bank of Canada holds interest rates steady

The Bank of Canada announced on May 25th, 2016 that it was keeping its trend-setting target overnight lending rate at 0.5 per cent.\nThe announcement repeated many of themes from its announcements and Monetary Policy Reports (MPRs) published in late 2015 and early 2016, with the overall economic outlook evolving largely as the Bank projected in…
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Canadian home sales set record in April

Ottawa, ON, May 16, 2016 – According to statistics released today by The Canadian Real Estate Association (CREA), national home sales in April 2016 rose to their highest level ever.\nHighlights:\n\nNational home sales rose by 3.1% from March to April.\nActual (not seasonally adjusted) activity was up 10.3% compared to April 2015.\nThe number of newly listed homes…
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Canadian home sales strengthen further in May

\n \n \n Mon, 06/15/2015 - 09:00 \n \n\n\n \n \n Ottawa, ON, June 15, 2015 - According to statistics released today by The Canadian Real Estate Association (CREA), national home sales activity posted a fourth consecutive month-over-month increase in May 2015.\n \n \n\n\n \n \n Highlights:\n\nNational home sales rose 3.1% from April to May.\nActual…
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CREA Updates Resale Housing Forecast

\n \n \n Mon, 06/15/2015 - 08:58 \n \n\n\n \n \n Ottawa, ON, June 15 2015 - The Canadian Real Estate Association (CREA) has updated its forecast for home sales activity via the Multiple Listing Service® (MLS®) Systems of Canadian real estate Boards and Associations for 2015 and 2016.\n \n \n\n\n \n \n While oil…
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