Month: July 2021
Dr. Sherry Cooper once again joined Dominion Lending Centres President, Eddy Cocciollo, for In Conversation to discuss the latest economic updates, housing markets, and COVID-19.
July 15, 2021
Category: About Sherry Articles Media Reporting on Sherry
Canadian Home Sales Continued Their Slowdown in June
The Slowdown In Canadian Housing Continued in June Today the Canadian Real Estate Association (CREA) released statistics showing national existing home sales fell 8.4% nationally from May to June 2021, marking the third consecutive monthly decline. Over the same period, the number of newly listed properties fell 0.7%, and the MLS Home Price Index rose 0.9%, a marked deceleration from previous months….
July 14, 2021
Category: About Sherry Articles Media Reporting on Sherry
Bank of Canada Tapers Bond-Buying Again
Bank of Canada ‘On the Vanguard’ of Unwinding Stimulus The Bank of Canada raised its inflation forecast in the newly released July Monetary Policy Report (MPR), making it one of the most hawkish central banks in the world. The Bank announced its third action to reduce its emergency bond-buying stimulus program by one-third. The central bank was…
July 9, 2021
Category: About Sherry Articles Media Reporting on Sherry
Canadian Jobs Market Rebounds in June As Lockdown Eases
Canada’s Jobs Recovery Resumed in June As Lockdown Began to Ease This morning, Statistics Canada released the June 2021 Labour Force Survey showing employment rose 230,700 (1.2%) in June, rebounding from a cumulative decline over the previous two months of 275,000. Total hours worked were little changed. The national unemployment rate fell 0.4 percentage points to 7.8%. Jobs…