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Canadian home sales rise 3.6 per cent in May over April

Canadian home sales rise 3.6 per cent in May over April

… housing related jobs across the country, about 35,000 of them in the GTA alone, according to a recent report by veteran housing economist Will Dunning, who analyses the market on behalf of the Canadian Association of Accredited Mortgage Professionals.
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Canadian Housing Market Remains on Track for Soft Landing: BMO Economics

Existing home sales rose for the third month in a row in May, posting a 3.6 per cent seasonally adjusted gain from the prior month and down just 2.6 per cent from the robust readings of a year ago – just before the new mortgage rules hit. “The …
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Fixed Rates Move Up and Variable Rates Look Better By Comparison (Monday …

Five-year fixed-mortgage rates moved higher last week as lenders continued to respond to the recent run up in Government of Canada (GoC) bond yields, which have risen from a low of 1.13% on May 1, 2013 to a high of 1.63% on June 12, 2013.
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