Monthly Archives: July 2011

Bank of Canada maintains overnight rate target at 1%

The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1 per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent. The global economic expansion is proceeding broadly as projected in the Bank’s April Monetary Policy Report (MPR), with […]

CREB June Report

I’ve just posted CREB’s June Report on the current Real Estate Market. The summary graph is on page 10 of the report.  

Phoenix Market Summary

Phoenix Market Summary for the Beginning of July