Bank of Canada announcement!

  Hi folks, Today, the Bank of Canada has decided, they will maintain its target for the overnight rate at 1/2%. Even in the face of dwindling resource prices, China concerns, 13 year low on the CAD dollar vs the USD, bear market territory for the stock market;  I suppose governor Poloz is trying to … Continue reading Bank of Canada announcement!

Chinese stock market volatility ripples across the Globe

  I just had to write up a small article on the recent events of the Chinese stock market this week, which hasn't seen this type of volatile swings since the end of the financial crisis back in 2011. The above chart shows the first 30 mins of trading activity on the Shanghai composite on … Continue reading Chinese stock market volatility ripples across the Globe

GTA REALTORS® REPORT RECORD YEAR FOR TREB MLS® HOME SALES!

  TORONTO, January 6, 2016 – The second best sales result on record for December capped off a record year for TREB MLS® home sales in the GTA. Toronto Real Estate Board President Mark McLean announced that there were 4,945 sales reported in December bringing the 2015 calendar year total to 101,299 – a substantial 9.2 per … Continue reading GTA REALTORS® REPORT RECORD YEAR FOR TREB MLS® HOME SALES!