Month: January 2010

Busy December Home Sales Sets Canadian Record

By Mortgage Logic / January 25, 2010 February 23, 2017

The Canadian housing market has sprinted into a new year at top speed. Existing home sales reached the highest level ever for a December in 2009. As per the Canadian Real Estate Association (CREA), December 2009 residential sales were 27, 744 units, which is 72% higher than December 2008. Last year CREA reported the lowest …

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Bank of Canada Maintains Overnight Rate Target at 1/4 per cent

By Mortgage Logic / January 19, 2010 September 19, 2016

OTTAWA — The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/4 per cent. The Bank Rate is unchanged at 1/2 per cent and the deposit rate is 1/4 per cent. The global economic recovery is under way, supported by continued improvements in financial conditions and stronger …

Bank of Canada Maintains Overnight Rate Target at 1/4 per cent Read More »

Month: January 2010

Busy December Home Sales Sets Canadian Record

Bank of Canada Maintains Overnight Rate Target at 1/4 per cent

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