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The Bank of Canada today maintained its target for the overnight rate at 1 ¾ per cent

Wednesday Dec 05th, 2018

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The Bank of Canada today maintained its target for the overnight rate at 1 ¾ per cent. The Bank Rate is correspondingly 2 per cent and the deposit rate is 1 ½ per cent. The global economic expansion is moderating largely as expected, but signs are emerging that trade conflicts are weighing more heavily on global demand. Recent encouraging developments at the G20 meetings are a reminder that there are upside as well as downside risks around trade policy. Growth in... [read more]

Mississauga, Brampton & Greater Toronto Area Real Estate Sales Drop while Home Prices record slight growth in November 2018

Wednesday Dec 05th, 2018

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Mississauga, Brampton & Greater Toronto Area Real Estate Sales Drop while Home prices record slight growth in November 2018 TORONTO, ONTARIO, December 5, 2018 – Toronto Real Estate Board President Garry Bhaura announced the continuation of moderate price growth in November 2018 compared to November 2017. The MLS® Home Price Index (HPI) Composite Benchmark was up by 2.7 per cent year-over-year. The average selling price was up by 3.5 per cent year-over-year to... [read more]

Greater Toronto Area Real Estate Market holds steady with Home Prices up by 3.5% in October 2018.

Monday Nov 05th, 2018

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Greater Toronto Area Real Estate Market holds steady with Home Prices up by 3.5% in October 2018 Greater Toronto, November 5, 2018 – Toronto Real Estate Board announced year-over-year increases in home sales and average sale prices reported through TREB’s MLS® System in October 2018. Greater Toronto Area REALTORS® reported 7,492 sales through TREB’s MLS® System in October 2018 – a six per cent increase compared to October 2017. On a preliminary... [read more]

Condominium Apartments record strong Rental Increase in Mississauga, Brampton and Greater Toronto Area in Q3 2018

Thursday Oct 18th, 2018

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Condominium Apartments record strong Rental Increase in Mississauga, Brampton and Greater Toronto Area in Q3 2018 TORONTO, October 18, 2018 -- Toronto Real Estate Board President Garry Bhaura announced that Greater Toronto Area REALTORS® continued to report robust average annual rent increases for condominium apartments during the third quarter 2018 compared to Q3 2017.  The overall number of lease transactions for condominium apartments was also up by 5.8 per cent... [read more]

Greater Toronto Area Real Estate Prices moved up by 2.9% in September 2018 amidst drop in Home Listings

Wednesday Oct 03rd, 2018

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Greater Toronto Area Real Estate Prices moved up by 2.9% in September 2018 amidst  drop in Home Listings TORONTO, October 3, 2018 -- Toronto Real Estate Board announced that Greater Toronto Area REALTORS® reported 6,455 sales through TREB's MLS® System in September 2018 – up 1.9 per cent compared to September 2017.  The average selling price for September 2018 sales was up by 2.9 per cent over the same period to $796,786.  The MLS® HPI... [read more]

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