Bank of Canada holds rates steady at 1%

On October 25, 2017, the Bank of Canada announced it was keeping its trend-setting overnight lending rate on hold at 1%. The rate rose by 0.25% in July and again in September. Since then, the Bank has cautioned that future interest rate increases depend on whether economic data suggest that inflation is starting to percolate.

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Victoria Real Estate Market Slowly Stabilizing after a Record Breaking 2016

November 1, 2017 

A total of 664 properties sold in the Victoria Real Estate Board region this October, 9.7 per cent fewer than the 735 properties sold in October last year.


"As expected, we saw fewer sales than this time last year,"

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