Posts made in March, 2020


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Episode 1: Terry O’Reilly

Episode 1: Terry O’Reilly


Posted By on Mar 24, 2020

Buying or selling a home isn’t just a financial decision. It’s an emotional one. In our inaugural episode of REAL TIME, we chat with award-winning marketer and radio icon Terry O’Reilly about the changing landscape of real estate—and how brand storytelling, innovation, and emotional connections can boost your business as a...

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In an emergency announcement on March 13th, 2020 the Bank of Canada announced a 0.5% reduction in its trend-setting overnight lending rate from 1.25% to 0.75%. This was a further reduction from the 0.5% cut announced just 9 days earlier at the regularly scheduled interest rate announcement. The announcement was part of coordinated action by the Department of Finance, the Bank of Canada and the Office of the Superintendent of Financial...

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Canadian home sales up in February

Canadian home sales up in February


Posted By on Mar 16, 2020

As providers of the most accurate and timely housing data and statistics, CREA cannot crediblyupdate its quarterly forecast at this time. Ottawa, ON, March 16, 2020 – Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were up between January and February 2020. Highlights: National home sales climbed 5.9% on a month-over-month (m-o-m) basis in February. Actual (not seasonally adjusted)...

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In line with financial market expectations, the Bank of Canada announced, on March 4, it was lowering its trend-setting overnight lending rate by 50 basis points from 1.75% to 1.25%. This was the first change in the overnight lending rate since October 2018. This follows a day after the U.S. Federal Reserve cut the Federal Funds rate by 50 basis points in an emergency session—part of a coordinated effort by global monetary and fiscal...

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