Section: Real estate

New Housing Price Index, May 2013

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New Housing Price Index, May 2013 -

New Housing Price Index, May 2013

The New Housing Price Index (NHPI) rose 0.1% in May, following a 0.2% increase in April and continuing a series of similar increases over the past 12 months.

Quebec Housing Starts in June 2013

Published on by Communication service

Quebec Housing Starts in June 2013 -

Quebec Housing Starts in June 2013

Housing starts in Quebec’s urban centres were trending at 30,687 units in June  compared to  31,581  in  May  according to Canada Mortgage and Housing Corporation (CMHC).

Building permits, May 2013

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Building permits, May 2013 -

Building permits, May 2013

Contractors took out building permits worth $7.3 billion in May, up 4.5% from April. The total value of building permits continued to trend upward on the strength of five consecutive monthly increases.

Canadian home sales climb higher in May

Published on by Communication service

Canadian home sales climb higher in May -

Canadian home sales climb higher in May

National home sales rose 3.6% from April to May. Actual (not seasonally adjusted) activity came in 2.6% below levels in May 2012.

Bank of Canada maintains overnight rate target at 1 per cent

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Bank of Canada maintains overnight rate target at 1 per cent - bank canada rate

Bank of Canada maintains overnight rate target at 1 per cent

The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent.