Canadian Highlights The Bank of Canada left the overnight rate on hold at 1.25% at its meeting this week. Its announcement was more upbeat on global growth but still cautious on the potential impact of trade disruptions. The Bank downgraded (slightly) its expectations for near-term economic growth, but upgraded its outlook for inflation. It also …
Read More
Below is a quick snapshot of the Ottawa Real Estate Market and a link to our full newsletter. April Newsletter Summary: March 2018 saw 1660 homes sell in Ottawa, compared to 1,478 in March 2017, an increase of 12.3%; The average sale price in March 2018 for a home in Ottawa was $447,561 an increase …
Read More
Below is a quick snapshot of the Ottawa Real Estate Market and a link to our full newsletter. March Newsletter Summary: February 2018 saw 979 homes sell in Ottawa, compared to 1,002 in February 2017, a decrease of 2.3%; The average sale price in February 2018 for a home in Ottawa was $429,600 an increase …
Read More
February Newsletter Summary: January 2018 saw 712 homes sell in Ottawa, compared to 644 in January 2017, an increase of 7.2%; The average sale price in January 2018 for a home in Ottawa was $427,487 an increase of 8.8% over January 2017; Average complete days on market in Ottawa is 83 days across all property types. Also …
Read More
Below is a quick snapshot of the Ottawa Real Estate Market and a link to our full newsletter. January Newsletter Summary: December 2017 saw 771 homes sell in Ottawa, compared to 711 in December 2016, an increase of 8.4%; The average sale price in December 2017 for a home in Ottawa was $434,098 an increase of …
Read More
Carbon Neutral Footprint & The Adam Mills Team! We're really excited to announce that as a company, the Adam Mills Team continues to be carbon neutral. That means we have taken the time to calculate our carbon footprint (the impact we’re having on our environment just by doing the everyday business of selling real estate). Once …
Read More
Below is a quick snapshot of the Ottawa Real Estate Market and a link to our full newsletter. December Newsletter Summary: November 2017 saw 1239 homes sell in Ottawa, compared to 992 in November 2016, an increase of 24.9% The average sale price in November 2017 for a home in Ottawa was $418,354 an increase …
Read More
Highlights of the Week – December 4/17United States• The prospect of corporate tax cuts led both the Dow Jones Industrial Average and the S&P 500 to record highs this week, with financial stocks outperforming substantially.• Economic data was supportive, with third quarter real GDP being revised up to 3.3% annualized, as business investment came in …
Read More
Highlights of the Week – November 27 United States• In a quiet week for markets, there is plenty to be thankful for in the U.S. economy. In 2017 growth has accelerated and unemployment is at a 17-year low. The economy is showing signs of rebounding from the impacts of the devastating hurricanes.• Fed Chair Janet …
Read More
Highlights of the Week – November 20 United States• It was an eventful week across financial markets, with a plethora of economic data, Fed speeches, and political developments keeping investors busy.• Domestic economic data was robust and beat expectations. Following on hurricane-induced weakness previously retail sales, housing starts and industrial production get a significant boost …
Read More