Annual pace of housing starts in Ottawa-Gatineau up 17% in March: CMHC
Ottawa-Gatineau’s annual pace of housing starts increased 17 per cent last month compared to February, the Canada Mortgage and Housing Corp. says.
Annual pace of housing starts in Ottawa-Gatineau up 17% in March: CMHC
Ottawa-Gatineau’s annual pace of housing starts increased 17 per cent last month compared to February, the Canada Mortgage and Housing Corp. says.
Spring housing market surge unlikely as affordability, cost of living weigh on buyers
After five straight holds of the Bank of Canada’s key interest rate that followed its hiking cycle of more than a year, economists say a
Canada averts recession with meagre growth in Q4, consumers and businesses pinched
The Canadian economy continues to beat recession fears, posting modest growth in the fourth quarter even as high interest rates weighed on consumers and businesses.
January home sales rise as markets tighten but prices still softening: CREA
The Canadian Real Estate Association says January home sales jumped 22 per cent compared with a year ago, the largest year-over-year gain since May 2021.
Economists expect December inflation ticked up, trend still points to slowdown
Economists are forecasting Canada’s inflation rate likely ticked up last month, but that isn’t expected to set off alarm bells as long as underlying price pressures
BoC holds key interest rate steady as speculation shifts to timing of rate cuts
The Bank of Canada continued to hold its key interest rate steady at five per cent today, encouraged by evidence that higher rates are helping
Canada’s inflation rate jumps to 4%, making the BoC’s next rate decision harder
gher gasoline prices drove Canada’s inflation rate to 4.0 per cent in August, making it the second month in a row inflation has risen.
CMHC says Ottawa-Gatineau housing starts surged in June
Ottawa-Gatineau’s annual pace of housing starts soared in June, Canada’s housing agency says, part of a nationwide trend that saw the pace of starts post
Region’s unemployment rate holds steady at 4.2% in May as labour force grows
Canada’s unemployment rate ticked higher to 5.2 per cent in May, marking the first increase since August 2022 as economists have been watching for any
BoC may have to raise interest rates again this summer given recent momentum, economists say
Momentum in the Canadian economy is spurring speculation that an interest rate hike is on the way, but economists don’t expect the Bank of Canada
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