Anyone expecting smooth sailing ahead for the housing market got a reality check in February. Month-to-month drops in home resales in several of Canada’s major markets were a reminder that very c...
Bank of Canada maintains policy rate, continues quantitative tightening
Posted on
March 7, 2024
by
Viani Real Estate Group
The Bank of Canada today held its target for the overnight rate at 5%, with the Bank Rate at 5¼% and the deposit rate at 5%. The Bank is continuing its policy of quantitative tightening.
Global economic...
Low inventory and high demand drive price gains in February
Posted on
March 1, 2024
by
Viani Real Estate Group
FEBRUARY 2024 HOUSING MARKET UPDATE
March 1, 2024
Low inventory and high demand drive price gains in February
New listings continued to rise in February, reaching 2,711 units. However, the rise in new listings...
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