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March 2011 - Posts

31 March 2011
Monthly Canadian Real GDP - March 31, 2011
As expected, the Canadian economy got off to a strong start in 2011. Canadian real GDP grew at a 0.5 per cent monthly rate in January or 3.3 per cent year-over-year. Economic growth was led by a resurgent manufacturing sector, which has benefited greatly Read More...
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21 March 2011
Global Economic Concern Should Not Lead To A New Recession
Thursday, 17 March 2011 - Recent Global Events Cause Economic Concern But Should Not Lead To A New Recession: CIBC World Markets The recent global events in Japan & the Middle East have undoubtedly given rise for concern about the strength of the Read More...
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21 March 2011
What Effect Will the Mortgage Rule Changes Have?
Friday, 18 March 2011 - PropertyWire.ca Tougher mortgage rules starting today are getting a failing grade by mortgage industry professionals who say the federal government effectively dropped the ball in a half-hearted attempt to deal with rising consumer Read More...
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16 March 2011
February Sales Statistics for the Columbia Valley
are now available at http://statistics.rockieswest.com Read More...
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16 March 2011
Average February for Canadian home sales
Ottawa - March 15th, 2011 - According to statistics released today by The Canadian Real Estate Association (CREA), national resale housing activity in February 2011 ran close to the five-year average for the month, continuing a theme that has characterized Read More...
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14 March 2011
Vancouver Leads BC Housing Markets
Vancouver, BC - March 14, 2011. The British Columbia Real Estate Association (BCREA) reports that Multiple Listing Service® (MLS®) residential sales in the province climbed 5 per cent in February from January 2011, on a seasonally adjusted basis. Read More...
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12 March 2011
Variable Rate, Fixed Rate or Both? .
Aware of all the potential changes that are coming in the next few weeks and a strong realization of the material impact that they could have on the mortgage marketplace, there is great focus on and conversation about what mortgages should look like now Read More...
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02 March 2011
Bank of Canada Interest Rate Announcment - March 1, 2011
As was widely anticipated, the Bank of Canada held its overnight rate at 1 per cent this morning. The statement released along with the decision noted an improved outlook for the Canadian economy but also referenced escalating geopolitical risk and the Read More...
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