Canadian housing sales have surged in the early summer, suggesting that the national real estate market may be on the mend, says a new report from RE/MAX.
As a result of a sizzling month of sales in June, Canada’s two largest real estate markets — Toronto and Vancouver — came close to breaking their all-time sales [...]
Written on June 15, 2009
Interesting news, presented by Moishe Alexander, CFC CEO
The Royal Bank says the Canadian economy will shrink by 2.4 per cent this year, due in part to the substantial 5.4 per cent annual GDP contraction in the first quarter.
That’s the worst quarterly economic performance since 1991 and likely the worst in the [...]