Tagged: Statistics Canada

CREA lowers home sales and price forecasts

CREA lowers home sales and price forecasts

Housing activity in the country is slowing down after a busy first half, especially in British Columbia, Alberta and Ontario where prices are expected to fall in the coming months.

Canada building permits soar on single-family units

Canada building permits soar on single-family units

The value of Canadian building permits issued in September soared 15.3 percent from August, well above market expectations, on both residential and nonresidential building intentions, Statistics Canada data showed on Friday.

Building permit values down in August

Building permit values down in August

Total building permit values in the Abbotsford region declined in August, according to the Vancouver Regional Construction Association’s analysis of today’s Statistics Canada building permit report.

Regional construction job numbers slip in August

Regional construction job numbers slip in August

Construction employment in the Lower Mainland-Southwest region decreased in August, according to Vancouver Regional Construction Association’s (VRCA) analysis of today’s Labour Force Survey from Statistics Canada.

Bank of Canada

Bank of Canada boosts overnight lending rate

Bank of Canada governor Mark Carney raised the overnight lending rate a quarter percentage point on Wednesday morning, in line with most analysts’ expectation.

Carney raised the trend-setting rate from 0.75 per cent to an even 1 per cent.