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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, November 16, 2015

Central bank snapshot

Following the stronger than anticipated gain in employment in October, expectations for the US Federal Reserve to raise fed funds at its December meeting increased, according to data compiled by Royal Bank of Canada.

Employment increased by 5.0%, reflecting continued steady domestic spending activity for the final quarter of the year.

Although the Federal Reserve is close to reducing policy stimulus, the Bank of Canada (BoC) and Bank of England (BoE) are likely to keep the policy rate steady for the rest of the year.

On the other hand, the European Central Bank (ECB) is ready to extend policy support, and is expected to announce a cut to the deposit rate and a rise in the quantitate easing program during its December meeting.

According to the MSCI, world stock markets are taking the projected rise in fed funds quite well, with the index losing only 0.8% this month, so far. This was but a fraction of the 7.8% increase posted October.

The US dollar continued to move up, and it is expected to appreciate even more as the Federal Reserve implements the first rate hike and continues to reduce policy stimulus at a gradual pace.

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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