October 2009

The Bank of Canada held its benchmark overnight lending rate steady at 0.25 per cent at its setting on October 20th, 2009. The trend-setting Bank rate, which is set 0.25 percentage points above the overnight lending rate, remains at 0.5 per cent

Original post:
Bank of Canada maintains interest rates

OTTAWA – October 15th, 2009 – National resale housing activity climbed to the highest level of any third quarter on record. Actual (not seasonally adjusted) home sales via the Multiple Listing Service® (MLS®) Systems of Canadian real estate boards totalled 135,182 units in the third quarter of 2009, according to statistics released by The Canadian Real Estate Association (CREA). This is the highest level of activity on record for the period from July to September

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MLS® home sales grow stronger in the third quarter

The Durham Region Association of realtors reported 825 sales in September 2009, up 9% from the 752 recorded in September 2008. September 2009 is the best September on record.

Average selling prices in Durham Region were up 1.4% ($282,308) in September, from August’s $278,400, and up 5.5% from the $267,478 reported in September ‘08.

Originally posted here:
BEST SELLING SEPTEMBER ON RECORD