Month: May 2021
May 17, 2021
Category: About Sherry Articles Media Reporting on Sherry
Housing Market Slowed in April as Renewed Lockdown Took Its Toll
Starting to See A Slowdown In Canadian Housing Today, the Canadian Real Estate Association (CREA) released statistics showing national existing home sales fell 12.4% nationally from March to April 2021. Over the same period, the number of newly listed properties fell 5.4%, and the MLS Home Price Index rose 2.4%. While home sales fell month-over-month in April, largely due to…
May 7, 2021
Category: About Sherry Articles Media Reporting on Sherry
Weak April Jobs Report Reflects Canadian Lockdown
Canada’s Jobs Recovery Impaired by Third-Wave Virus Restrictions This morning, Statistics Canada released the April 2021 Labour Force Survey showing a major deterioration in the jobs market following the third-wave Covid containment measures. Employment fell by 207,100 (-1.1%) in April, and the unemployment rate rose 0.6 percentage points to 8.1%. Employment declined in both full-time (-129,000; -0.8%) and part-time (-78,000; -2.3%) work. The number…