Adam Mills Team Real Estate Market Update – April 2015

April Newsletter Summary: March 2015 saw 1,208 homes sell in Ottawa, an increase of 2.0% from March 2014. The average sale price in March 2015 for a home in Ottawa was $361,572 an increase of 0.7% over March 2014. Average “Cumulative Days on Market” in Ottawa is 83 (down from 99 in February and 119 …
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TD/ Canada Trust Economic Highlights – April 13

HIGHLIGHTS OF THE WEEK – April 13 United States Expectations for Fed policy continue to be the dominant theme in financial markets. In the topsy-turvy world of data-dependent monetary policy, the slowdown in job growth in March (to just 126k) was positive for risk sentiment, assuaging fears of an earlier liftoff for interest rates. The …
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TD/ Canada Trust Economic Highlights – April 6

HIGHLIGHTS OF THE WEEK – March 6 United States Data released by the BEA showed personal income grew a touch stronger than the consensus forecast in February, ris­ing by 0.4% m/m. Consumer spending was weaker though, with the headline measure posting only a modest increase of 0.1% m/m. The Conference Board’s Consumer Confidence index rose …
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TD/ Canada Trust Economic Highlights – Mar. 30

HIGHLIGHTS OF THE WEEK – March 30 United States Manufacturing purchasing managers indexes for March came in below expectations in Japan and China, but above expectations in Europe. The positive PMI release follows a string of other positive data out of Europe, increasing confidence for a much-awaited rebound in the euro area economy. Consumer price …
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TD/ Canada Trust Economic Highlights – Mar. 23

HIGHLIGHTS OF THE WEEK – March 23 United States The economic highlight of the week was the eagerly-awaited FOMC meeting. As expected, the central bank eliminated patience from its statement; however this was more than offset by a downgraded growth outlook and lower expectations on the future trajectory of the federal funds rate. Markets responded …
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Adam Mills Team Real Estate Market Update – March 2015

March Newsletter Summary: February 2015 saw 853 homes sell in Ottawa, a decrease of 1.7% from February 2014. The average sale price in February 2015 for a home in Ottawa was $358,206 an increase of 1.3% over February 2014. Average days on market in Ottawa is 67 across all property types. Also check out “The …
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