Daily Archives: February 8, 2011

Housing starts flatline; Remax discusses past real estate performance; CREA updates 2011 housing forecast; China raises interest rates

Housing starts flatline CMHC released their January 2011 housing starts data today.  Seasonally adjusted housing starts were virtually unchanged from December 2010 numbers, but down significantly from both the 12 month average and last January’s numbers. From BMO: It’s worth … Continue reading

Posted in Economy, Real Estate, Social trends | Tagged , , , , , , , , , , , , , , , , , , | 3 Comments

Employment numbers rocking!; Building permits rise on new Ontario condo projects; Big banks begins hiking rates; Ignatieff warns on housing market risks

Employment numbers decidedly above expectation Expectations of 20,000 new jobs added in January were fully blown out of the water by the 69,000 new jobs added by the Canadian economy.  Very impressive stuff. If we dig beneath the surface we … Continue reading

Posted in Economy, Real Estate | Tagged , , , , , , , , , , , , , , | 16 Comments