Monthly Archives: November 2013
Canadian Third Quarter Real GDP Growth
Written on November 30, 2013 at 10:25 am, by Ingrid Jarisz
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 Ingrid Jarisz
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 Ingrid Jarisz
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 »