The Bank of Canada's Key Interest Rate is at its Lowest Level On April 21, the Bank of Canada announced a one-quarter of a percentage point cut to its key interest rate, bringing the rate to 0.25 per cent. The Monetary Policy Report indicates that ...
[Read More] Sales in the Montréal Metropolitan Area decreased by only 6 per cent in April 2009 compared to April 2008, the month that broke all records. The median price of condominiums increased by 5 per cent, while that of single-family homes remained stable, ...
[Read More] CANADIAN REAL ESTATE MARKET RELATIVELY RESILIENT DURING FIRST QUARTER Only modest house price declines despite predictions of double digit depreciation TORONTO, April 8, 2009 – Consistent with current economic trends, Canadian residential real estate ...
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