Market Update

  • Housing starts increased in August by Steve Randall

    Canada Mortgage and Housing Corporation data shows that the trend measure of housing starts was 196,565 units in August compared to 185,642 in July

  • Housing permit applications rise, pace slows by Steve Randall

    Residential building permit applications increased by 8.7% in value terms in July, reaching $5 billion, but down from the 16.7% increase seen in June

  • Canadians expect to work longer says survey by Steve Randall

    A new survey warns that many Canadians have little in the way of savings for their retirement and almost half are living paycheque to paycheque

  • Consumer confidence remains low by Steve Randall

    A poll of consumer sentiment, taken before the latest decision on interest rates, shows that Canadians remain wary about aspects of the economy

  • BoC set to announce interest rate decision by Steve Randall

    All eyes will be on the Bank of Canada at 10am ET Wednesday as the central bank announces its latest interest rate decision

  • Toronto real estate agents showcase condos in China by Steve Randall

    The Harper government has promised more data on foreign buyers of Canadian homes if they are re-elected but for now the picture is uncertain, though no one is denying that there is a market for Canadian homes among Chinese buyers


Is a Toronto foreign sales tax a good idea?