STOREYS: Scotiabank Economist Calls Out Bank of Canada for “Overreaching” as Home Prices Continue to Soar

So far, real estate activity reported for the month of March is proving to be — as expected — staggering. Last month, 15,652 home sales were recorded throughout the GTA, a whopping 97% increase from the 7,945 homes sold in March 2020…And while COVID, of course, has been a major player in upticks of both market activity and costs, Scotiabank Head of Capital Markets Economics Derek Holt says the Bank of Canada should take some responsibility for the soaring prices residential real estate is seeing right now.   READ MORE...


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Mississauga Real Estate Board
3450 Ridgeway Dr #1
Mississauga, ON L5L 0A2, Canada
Phone: 905.608.6732
Fax: 905.608.9988