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Francine Casault

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Toronto home prices unlikely to drop
Sep 3, 2010
TORONTO, ONTARIO--(Sept. 3, 2010) - TREB reports a 22% decrease in sales and a 6% increase in prices in August 2010 from August 2009. "Market conditions and the affordability picture would have to change dramatically before a sustained drop in the average selling price would take place," said Jason Mercer, TREB's Senior Manager of Market Analysis.
Price and sales declines in Vancouver for August
Sep 3, 2010
September 3, VANCOUVER, BC - Conditions in the Greater Vancouver housing market continued to favour buyers in August. Since April, prices have edged down slightly as the number of sales and the number of properties coming on to the market have been declining.
Poll says 1 in 5 Canadians see good times ahead
Sep 3, 2010
OTTAWA, Sept. 3 /CNW/ - The latest Harris/Decima-Investor's Group Measure of Consumer Confidence reveals that 1 in 5 Canadians see good times ahead.
CD Howe urges BoC to raise rates to 1%
Sep 2, 2010
C.D. Howe Institute's Monetary Policy Council Urges Bank of Canada to Raise Overnight Rate to 1.00 Percent, With Increases to 1.50 in March and 2.25 Percent by September 2011
McGuinty to Bank of Canada: don't hike rates
Sep 2, 2010
The leader of Canada's most populous province urged the Bank of Canada on Wednesday not to raise interest rates next week, wading into territory usually deemed inappropriate for politicians.

Dalton McGuinty, the premier of Ontario, said weakness in the U.S. economy means Canada's recovery is also wobbly, according to media reports.
News provided by: Canada Mortgage Magazine
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