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GTA, Ontario, Canada
A New Sales Record Has Been Achieved By The Jackie Goodlet Team Who Work Out Of The Whitby Office And Specializes In High End Resale And New Home Sales. According To Broker Dave Pearce The Jackie Goodlet Team Wrote More Transactions Than Anyone Else In The 30 Year History Of Our Firm. Their 255 Transactions Had A Total Volume Of More Than $185,000,000 (185 Million). With Over 25 Years Experience In The Business The Jackie Goodlet Team Has Acquired A Wealth Of Knowledge In All Areas Of Real Estate Including Resale, New Builds, Cottages, Lease, Condos, Vacant Land, Investment And Commercial Properties. With Exceptional Negotiating Skills We Are Confident We Can Save You Time And Money On All Your Real Estate Endeavours. We Look Forward To Hearing From You And Your Referrals Are Always Welcome And Rewarded!

Monday, August 21, 2017

Big Six prepare for earnings season

Canada's big six banks will report third quarter earnings over the next two weeks and profits are expected to rise due to the strength of the Canadian economy.

Analysts will be watching the impact of the housing market and rising interest rates on the lenders’ profits. The slowdown in home sales growth in Toronto will be a particular concern due to its impact on mortgage portfolios.

The first of the banks to report earnings is RBC Wednesday followed by CIBC Thursday with Scotiabank, BMO, National Bank and TD reporting next week.

Although smaller margins and mortgage volume may be a concern most analysts are expecting credit quality to remain high.

MBN

We hope you are finding our Blog informative and enjoyable to read while keeping you up to date with the ever changing real estate market.

Please feel free to contact me via Direct/Text or e-mail at any time and my team will be pleased to assist you, family members and friends with all your real estate needs. Referrals are always welcome!

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