Adam Mills Team Real Estate Market Update – June 2016

June Newsletter Summary: May 2016 saw 1,921 homes sell in Ottawa, compared to 1,926 in May 2015 (5-yr average is 1,864); The average sale price in May 2016 for a home in Ottawa was $406,063 an increase of 0.6% over May 2015; Average complete days on market in Ottawa is 80 across all property types. …
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TD/ Canada Trust Economic Highlights – June 6

HIGHLIGHTS OF THE WEEK – June 6th United States • The weak May payrolls data acts to overshadow the otherwise positive week for the U.S. economy. • May car sales along with a strong April report for consumer personal income and expenditures added further comfort that the U.S. economy was bouncing back from a weak …
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TD/ Canada Trust Economic Highlights – May 30

  HIGHLIGHTS OF THE WEEK – May 30th United States • Markets kicked the week off in good spirits. Sentiment was boosted by a fresh batch of positive U.S. housing data, a rise in oil prices to the $50/barrel ‘sweet-spot,’ and news that Greece struck a deal with its international creditors. • Sales of new …
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TD/ Canada Trust Economic Highlights – May 25

HIGHLIGHTS OF THE WEEK – May 25 United States • After last week’s blockbuster retail sales report, the positive data stream continued for the U.S. economy with reports on housing, industrial production, and consumer prices all suggesting a constructive tone. • Alongside upward revisions to previous months, the robust data indicated that first-quarter growth was …
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TD/ Canada Trust Economic Highlights – May 17

HIGHLIGHTS OF THE WEEK – May 17th United States • Retail sales rose a robust 1.3% in April. Spending was lifted by rebounding auto sales and higher gasoline prices, but core sales also performed well, up 0.6% on the month. • First-quarter growth was likely not as bad as originally anticipated and appears to have …
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Adam Mills Team Real Estate Market Update – May 2016

May Newsletter Summary: April 2016 saw 1,714 homes sell in Ottawa, compared to 1,567 in April 2015, an increase of 9.4% (2nd best April on Ottawa history). The average sale price in April 2016 for a home in Ottawa was $403,603 an increase of 0.2% over April 2015. Average complete days on market in Ottawa …
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