April 2008 - Posts

22 April 2008
Bank of Canada lowers overnight rate target by 1/2 percentage point to 3 per cent

OTTAWA – The Bank of Canada today announced that it is lowering its target for the overnight rate by one-half of a percentage point to 3 per cent. The operating band for the overnight rate is correspondingly lowered, and the Bank Rate is now 3 1/4 Read More...

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Filed under: Market Conditions, Announcements, Finances, Canadian interest rates, Bank of Canada

 

03 April 2008
Canada's Housing Market Remains Stable, Moderate Price Increases in First Quarter

– Strong local economies and population growth support buyer demand – TORONTO , April 3, 2008 – Canada’s real estate market stands on stable footing. On average, healthy year over year house price gains were recorded during the Read More...

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Filed under: real estate market, canada's housing market, Royal LePage Real Estate Services