Greater Toronto Area home sales jumped 53 per cent month-over-month in May and the average selling price inched up to $863,599. And today we’ll get the Bank of Canada’s assessment of the economy.
The rapid gains in U.K. house prices can’t be explained wholly by the drop in risk-free interest rates, according to research by Bank of England staff that disputes the findings of former policy maker David Miles.
Activity in Canada’s largest housing market warmed up in May after going into a deep freeze at the onset of the COVID-19 pandemic, and the local real estate board says the momentum should continue so long as there aren’t setbacks in re-opening the economy.
Canada’s residential real estate market is bouncing back from coronavirus shutdowns.
Homes in London’s priciest districts fell the most since the global financial crisis in April as sellers agreed to wider discounts to secure deals.
{{ video.ContentPackages[0].ScheduleStartDateTime | fromNow }}
{{ currentStream.Desc }}