Market Commentary
Category: Economic Reports (24 posts)
January 2015 News Letter for Mortgages and Commercial Real Estate
January 8, 2015 | Posted by: Francine Tracey
To view my January 2015 Newsletter cut and paste the following to your browser: http://marketing.remaxdesigncenter.com/94/148694/2427078 ... [read full post]
Category: Economic Reports
Economic Note April 29, 2014
April 29, 2014 | Posted by: Francine Tracey
Ottawa appears closer than previously thought to balance its budget, thanks to signs of an improving U.S. and global economies, and ongoing government spending restraints In its latest economic and ... [read full post]
Category: Economic Reports
Daily Market Comment by First National Financial
January 10, 2014 | Posted by: Francine Tracey
Market CommentaryDisappointing job numbers from both Canada and the U.S. today. The Canadian economy lost nearly 46,000 jobs in December. The surprising decline pushed the unemployment rate to ... [read full post]
Category: Economic Reports
The Happy New Year Economic Comment
December 31, 2013 | Posted by: Francine Tracey
Thanks again to Meini Ickert for his daily comment.....here's to a prosperous 2014 !! It’s official. The TSX, Dow and S&P500 will finish 2013 by hitting new highs as they advanced rig ... [read full post]
Category: Economic Reports
Daily Market Comment by First National Financial
December 27, 2013 | Posted by: Francine Tracey
U.S. markets were open yesterday and the Dow closed at another record high, it's 50th record high this year. Investors seem enthusiastic about decent holiday shopping numbers and a significant drop i ... [read full post]
Category: Economic Reports
This Week in Economic and Real Estate News - by MCAP Mortgage
December 16, 2013 | Posted by: Francine Tracey
The Week in Economic and Real Estate News - by MCAP Mortgage CMHC reported on November housing starts last week. Starts have trended down slightly but are following in line with the existing home mar ... [read full post]
Category: Economic Reports
Meini's Daily Comment Shared
December 13, 2013 | Posted by: Francine Tracey
Occasionally I like to share Meini Ickert's daily economic comment....he sums it up so nicely: It’s been a nasty week for equity markets with the TSX down 1.3% and the S&P500 off closer t ... [read full post]
Category: Economic Reports
Employment Dec 2013
December 9, 2013 | Posted by: Francine Tracey
Statistics Canada released employment data on Friday. The Canadian economy created 21,600 jobs in November, against economists’ consensus estimates of 12,500. The unemployment rate h ... [read full post]
Category: Economic Reports
GOOD NEWS Sept 24
September 24, 2013 | Posted by: Francine Tracey
GOOD NEWS alert....Home prices in urban US are on a tear, climbing 12.4% year-over-year through July, which is the fastest pace since Feb-06. Canadian July retail sales reversed June’s out ... [read full post]
Category: Economic Reports
A Flight of Capital To Safe Haven
September 19, 2013 | Posted by: Francine Tracey
In times of uncertainty, there is a flight of capital to low-risk investments. Particularly hard capital assets, like real estate. Vancouver markets have been the recipient of such capital flows ... [read full post]
Category: Economic Reports
Canadian 2nd Quarter Economic Report 2013
June 28, 2013 | Posted by: Francine Tracey
Summary courtesy of First National Financial... April real GDP growth came in with a lacklustre 0.1% increase, indicating Q2 will not match Q1. Even though it's the fourth monthly gain it' ... [read full post]
Category: Economic Reports
Job Market Growth Pushing Interest Rates Up
June 11, 2013 | Posted by: Francine Tracey
Today we are seeing 5-year mortgage rates tick up to as high as 3.09%. Why the sudden surge? Excellent job market reports from both the US and Canada... Some 175,000 jobs were created in ... [read full post]
Category: Economic Reports
Report on the Economy March 2013
March 20, 2013 | Posted by: Francine Tracey
The following is a summary of the latest economic report issued by TD Bank: • Canada’s economic growth slowed to a crawl in the second half of 2012, setting 2013 up for a sub-par annual av ... [read full post]
Category: Economic Reports
Bank Economist Predictions for 2012 - interest rates and market news
October 23, 2012 | Posted by: Francine Tracey
Summary Highlight of CIBC Economic Report October 2012 CIBC economists expect that both recent and projected efforts of central banks will be enough to avoid a full-blown global recession, and w ... [read full post]
Category: Economic Reports
Some POSITIVE news today...
October 16, 2012 | Posted by: Francine Tracey
Thanks to Meini Ickert, Executive Vice President of Mortgage Architects, for his daily blog about the economy...today I just had to reblog this... We’ve got green across the screen this morning ... [read full post]
Category: Economic Reports
Market indices Summary September 2012
October 1, 2012 | Posted by: Francine Tracey
(as at Friday close) Equity Market Indices:* Toronto S&P/TSX: 12,317. Down 0.5% 5-day; Up 3.0% YTD* New York S&P 500: 1,441. Down 1.3% 5-day; Up 14.6% YTD* New York DJIA: 13,437. Down 1.0% 5- ... [read full post]
Category: Economic Reports
Bank of Canada downgrades economic forecast moderately
July 18, 2012 | Posted by: Francine Tracey
TD Economics Data Release: Bank of Canada downgrades economic forecast moderately The Bank of Canada’s July Monetary Policy Report (MPR) provides details on economic factors the Bank took into ... [read full post]
Category: Economic Reports
Bank of Canada interest rate decision: What you need to know
June 18, 2012 | Posted by: Roar Solutions
Once again the Bank of Canada maintained interest rates at 1% Tuesday, staying the course despite confirming global financial turbulence is creeping ever closer to our shores, while housing and househ ... [read full post]
Category: Economic Reports
Construction Intentions Up in April
June 11, 2012 | Posted by: Francine Tracey
Construction intentions in B.C. rose 15.2% to $856 million in April, year over year, according to Statistics Canada numbers released today. The province saw a 54.8% rise in non-residential constructi ... [read full post]
Category: Economic Reports
The Global Economy: Fourth Quarter 2011
June 11, 2012 | Posted by: Francine Tracey
Canadian Market Overview Canada was considered to have one of the best investment climates in 2011, particularly in the commercial property market. Investment activity was strong, with uncertainty in ... [read full post]
Category: Economic Reports
The Canadian Economy: Third Quarter 2011
November 14, 2011 | Posted by: Francine Tracey
Summary and Conclusions: Low mortgage rate and high net migration to Canada will help sustain employment, GDP and the housing market. Of 255,900 net migration expected to land on Canadian ... [read full post]
Category: Economic Reports
The Global Economy: Third Quarter 2011
November 14, 2011 | Posted by: Francine Tracey
The Global Economy: Summary and Conclusions and Advice for the Wary: Global markets remain uncertain with North American markets showing indications that those economies will remain in ... [read full post]
Category: Economic Reports
Bank of Canada maintains overnight rate target at 1 per cent
May 31, 2011 | Posted by: Francine Tracey
Ottawa-The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1 per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent. ... [read full post]
Category: Economic Reports
Breaking News: Interest Rates Falling
May 24, 2011 | Posted by: Francine Tracey
Bank sets off round of falling fixed rates // It’s the kind of domino effect brokers like, with one lender moving to lower the rate on its five-year fixed followed by another and anot ... [read full post]
Category: Economic Reports