Category: Family Living

Homes sell for under the asking price in the GTA. And rents in Canada fall for 11th straight month

TORONTO – In almost every neighbourhood in Toronto and the GTA, homes sold for below asking prices last month, according to a report by Wahi, a real estate analytics firm. “In August, the share of neighbourhoods in underbidding territory across the region matched a three-year high” said Wahi’s Josh Sherman. According to the report, released on September 4 (and available here), 98% of GTA neighbourhoods with at least five home sales during the month were underbid in August, up from 95% in July and 89% a year ago.

Inflation down: experts say it’s at 1.6% after the end of consumer carbon price

TORONTO – Statistics Canada is scheduled to release tomorrow its April consumer price index data. The new inflation reading comes two weeks before the Bank of Canada’s next interest rate decision, scheduled for June 4. And the forecast – made last Friday by economists at LSEG Data & Analytics – predicts that April inflation will fall to 1.6%. Same forecast comes from RBC’s experts: annual inflation will fall to 1.6% in April from 2.3% in March.

CORRIERE CANADESE / Effetto-dazi: aumentano i prezzi della spesa

TORONTO – Inizia a farsi sentire, e fa male, l’effetto più temuto della guerra commerciale scatenata dall’imposizione di dazi da parte del presidente statunitense Donald Trump: l’aumento dei prezzi della spesa. Infatti, dopo un primo periodo di stallo – dovuto prevalentemente al fatto che finora sugli scaffali e nei magazzini dei supermercati c’erano ancora merci importate prima dello “scoppio” della guerra commerciale – adesso si sta entrando “a regime” e l’inevitabile conseguenza è che con l’aumento dei dazi reciproci (quelli imposti dagli Usa e quelli “di ritorsione” canadesi) aumenteranno anche i prezzi… Read More in Corriere Canadese >>>