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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!

Saturday, October 29, 2016

Confidence remains steady but Canadians concerned over finances

Canadians are losing confidence in the strength of their personal finances and real estate prices.

The latest Bloomberg/Nanos Canadian Confidence Index shows that, while the overall measure remains steady, the levels of positivity for personal finances including mortgages and rising home prices, have weakened.

“Perceptions that Canadians have of their personal finances and the future strength of the Canadian economy remain net negative,” said Nanos Research Group Chairman Nik Nanos.

The overall index was at 56.35, slightly down from a week earlier but rougly midway between the peak and trough for 2016.

Positivity on personal finances was down to 13.84 per cent (from 13.95) expecting improvement in 6 months while those expecting real estate prices to be higher was down to 38.59 per cent (from 39.03).

“In the midst of downgrades to the outlook for the economy, any pickups in consumer confidence appear to be limited to lower-income/younger households, who are most likely responding to direct government subsidies, and to higher-income/older households, whose portfolios are most likely benefiting from the 25 per cent increase in the stock market since January”, said Bloomberg economist Robert Lawrie.

MBN

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