Today the Bank of Canada raised it’s key interest rate from 1.25% to 1.5%. In response, all 6 of Canada’s big banks have announced they will raise their prime lending rate to 3.7%. Prime Lending Rate Trend source: tradingeconomics.com
Market Stats for June 2018 are out. The average price for a detached home in Toronto is $1,354,429 and for semi’s it is $999, 754. Curious to know how much your house is worth? Get in touch to discuss.
The Toronto Real Estate Board has reported a 22-per-cent drop in the number of homes sold in GTA in May 2018 compared to May 2017 and a 26-per-cent decline in new listings of homes for sale, both statistic suggestive that […]
Sales through the TREB MLS in April 2018 on a year-over-year basis were down by just over 32 per cent. Compared to April 2017, which had the highest average sale price on record for the Board, April 2018’s average selling […]