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Île-des-Sœurs,March 4, 2010 – February 2010 sales in Montréal Metropolitan Area hit the same level as sales in February 2008, which was just before the last recession. According to the Greater Montréal Real Estate Board’s...
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The Bank of Canada's Key Interest Rate is at its Lowest Level On April 21, the Bank of Canada announced a one-quarter of a percentage point cut to its key interest rate, bringing the rate to 0.25 per cent. The Monetary Policy Report indicates that...
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Sales in the Montréal Metropolitan Area decreased by only 6 per cent in April 2009 compared to April 2008, the month that broke all records. The median price of condominiums increased by 5 per cent, while that of single-family homes remained stable,...
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CANADIAN REAL ESTATE MARKET RELATIVELY RESILIENT DURING FIRST QUARTER Only modest house price declines despite predictions of double digit depreciation TORONTO, April 8, 2009 – Consistent with current economic trends, Canadian residential real estate...
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