Sales tumbled 47% from a year ago, while new listings were down 40.9%, according to data from the Toronto Regional Real Estate Board
Home sales in Greater Toronto and the Vancouver market each fell 47% in February from a year earlier ...The Bank of Canada will keep its key interest rate on hold at 4.50% for the rest of this year, according to economists polled by Reuters, who said the bank was more likely to sound a hawkish tone on March 8 than dovish as inflation remains a worry.
It expects a decline in residential investment and weakness in consumer spending in the first half of the year, while businesses reduce their inventoEven as City of Ottawa officials look into dozens of hectares that have been clear-cut without a permit at the future suburb of Tewin, one neighbour says heavy equipment continues to do loud overnight work behind her house. Shannon Anderson said she first filed a noise complaint with the city Feb.
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