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Monthly Archives: November 2013

Canadian Third Quarter Real GDP Growth

Written on November 30, 2013 at 10:25 am, by

The Canadian economy grew 2.7 per cent at an annual rate in the third quarter, the fastest pace of growth in almost two years.  The economy was given a boost by an uptick in business investment which helped to offset a slight deceleration in household spending and a dip in exports. Moreover, while third quarter  Continue Reading »

Where’s the fire? Here’s how Canada’s banks reacted to CREA’s October report

Written on November 19, 2013 at 12:00 pm, by

Canadian existing home sales fell 3.2 per cent month-over-month in October according to a report published on Friday by the Canadian Real Estate Association (CREA). While this marked the first drop in resales since February 2013 and the largest monthly decline since the slowdown in summer 2012, sales still stood 8.3 per cent above 2012  Continue Reading »

Strong October Kicks off Fourth Quarter Real Estate Sales in Greater Victoria

Written on November 2, 2013 at 9:15 pm, by

Greater Victoria continued to experience strong home sales during the month of October, reports the Victoria Real Estate Board (VREB). According to the Board’s MLS® System, 512 properties sold compared to 373 in October 2012, an increase of 37.27 per cent. There were 4,322 active listings. “While we are all very pleased with the October  Continue Reading »