Adam Mills Team Real Estate Market Update – January 2015

January Newsletter Summary: December 2014 saw 640 homes sell in Ottawa, an increase of 5.1% from December 2013. The average sale price in December 2014 for a home in Ottawa was $345,449 an increase of 1.6% over November 2013. Average days on market in Ottawa is 68 across all property types.  Also Read “Tips When …
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TD/ Canada Trust Economic Highlights – Dec. 22

HIGHLIGHTS OF THE WEEK – Dec 22 United States Markets were in risk-off mode early in the week, with attention firmly centered on Russia. A sharp decline in the rouble galvanized the central bank into raising its policy rate to 17%. The central bank also warned of a sharp contraction of the economy in 2015 …
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TD/ Canada Trust Economic Highlights – Dec. 15

HIGHLIGHTS OF THE WEEK – Dec. 15 United States •       It was a crude week for markets, with the S&P500 and DJ30 falling by 2.8% and 2.7%, respectively. Oil was also pushed considerably lower, as growing inventories and downwardly revised OPEC and EIA demand forecasts weighed on the price of the barrel. •       In Europe, …
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Adam Mills Team Real Estate Market Update – December 2014

December Newsletter Summary: November 2014 saw 893 homes sell in Ottawa, an increase of 0.6% from November 2013. The average sale price in November 2014 for a home in Ottawa was $356,900 an increase of 0.4% over November 2013. Average “Days on Market” for a listing is currently 53 days in Ottawa. Average “Cumulative Days …
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TD/ Canada Trust Economic Highlights – Dec. 8

HIGHLIGHTS OF THE WEEK – Dec. 8 United States The good U.S. data keeps on rolling in, suggesting the American economy is gaining momentum and shrugging off the weakness in the rest of the world. November employment report showed U.S. payrolls expanding by 321k, the fastest pace since January 2012. Revisions added another 44k to …
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