ADAM MILLS REALTY TEAM

Adam Mills Team Real Estate Market Update – March 2016

March Newsletter Summary: February 2016 saw 911 homes sell in Ottawa, compared to 850 in February 2015. The average sale price in February 2016 for a home in Ottawa was $384,432 an increase of 1.2% over February 2015. Average days on market in Ottawa is 109 across all property types. Also Read About the Toronto […]

TD/ Canada Trust Economic Highlights – March 7

HIGHLIGHTS OF THE WEEK – March 7 United States • Stronger than expected data out of the U.S. supported this week’s risk-on bias in global financial markets. Nonfarm payrolls took center stage at the end of the week adding 242k jobs in February. • Expectation for further stimulus out of the Eurozone and China appeared […]

Referral Mortgages.com Article – March 2

First-Time Buyers Will Survive The New Rule The days of buying near-million-dollar homes with 5% down are officially over. The new minimum equity rules for purchases between $500,000 and $1 million began Monday. The regs now require 5% down on the first $500,000 and 10% down for the remaining portion. As before, purchases of $1 […]

TD/ Canada Trust Economic Highlights – March 2

HIGHLIGHTS OF THE WEEK – March 2 United States • Global markets see-sawed in recent days but ended the week on a relatively upbeat note as the oil price rally boosted equities and risk sentiment. • Global sentiment is also being shored up by Beijing, with Chinese authorities arguing that the government has plenty of […]

TD/ Canada Trust Economic Highlights – Feb 22

HIGHLIGHTS OF THE WEEK – Feb 22 United States • Risk assets were in demand again this week after several weeks of being shunned. Global markets will close up this week and U.S. Treasuries sold off although low yields still signal market unease. Oil is holding on to last week’s rally as the dollar weakened […]

TD/ Canada Trust Economic Highlights – Feb 17

HIGHLIGHTS OF THE WEEK – Feb 17 United States • The risk-off sentiment was palpable through much of the week, as equites and oil sold off, while safe heaven assets rallied. Markets have recovered some ground on Friday, following better-than-expected retail sales report which helped to dissuade fears about the health of the U.S. economy. […]