September 2017

Found 2 blog entries for September 2017.

Toronto Real Estate Board: Market Watch - August 2017

Jason Mercer - Director, Market Analysis, discusses the TREB Market Watch Report for August 2017.

  • Impact of 2017 Fair Housing Plan
  • Analysis of Detached vs Condo sales
  • Lesser priced homes being favoured over higher priced homes
  • Avg Sale Price $732,292 +3% over 2016 driven primarily by semi-detached, townhouse and condo markets, which continue to see strong growth
  • Discussion of positive economic news and expected seasonal market bump

For more information, or to discuss your own real estate requirements, contact a member of Team Beauchesne today!

705-722-7100 x 3046

Read Full Post »

The Bank of Canada increased the rate this week by 25 basis points to 1%

Some key points to consider from this announcement:

  • Recent economic data have been stronger than expected, supporting the Bank of Canada's view that growth in Canada is becoming more broadly-based and self-sustaining
  • The Canadian dollar has appreciated, also reflecting the relative strength of Canada's economy
  • Future monetary policy decisions are not predetermined and will be guided by incoming economic data and financial market developments as they inform the outlook for inflation
    • Particular focus will be given to the evolution of the economy's potential, and to labour market conditions
    • Given elevated household indebtedness, close attention will be paid to the
Read Full Post »