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Tag Archives: Real Estate

Bank of Canada on the commercial market’s outlook for the coming year

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Despite some lingering concerns, prospects appear bright for the commercial market as business sentiment rose to near-record levels at the start of 2021, according to the Bank of Canada. The central bank’s latest quarterly survey found that executives have become more optimistic when it comes to their sales and investment projections in the coming year, fuelled [&hellip…

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Canadian Real Estate: Home Completions Moving at Lightning Speed

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The Canadian real estate market is one of the hottest in the world today. Despite the coronavirus pandemic affecting the G20 economy and leaving two million people out of work, the Canadian housing sector has been booming throughout the COVID-19 public health crisis. There have been many factors contributing to this impressive growth nation-wide: historically low interest rates, [&hellip…

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Canada home prices rising at fastest rate in three decades

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Newly built Canadian homes are rising faster in price than at any time in more than three decades. by Bloomberg 19 Mar 2021 by Erik Hertzberg Prices rose 1.9% in February from the previous month, according to data released Thursday by Statistics Canada, the fastest one-month increase since 1989. The data confirm that the country’s housing markets are running [&hellip…

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