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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!

Thursday, February 2, 2017

Construction up, real estate down in latest GDP

Homebuilding continues to play its part in boosting the Canadian economy but there has been a drop in other sections of the real estate sector, data from Statistics Canada reveals.

The overall GDP figure for November 2016 was a rise of 0.4 per cent, the fifth consecutive month of gains for the economy. Manufacturing industries were the largest part of the gains.

For construction, there was a 1.1 per cent rise in output for the sector with residential construction up 2.0 per cent. This was mainly due to alterations and improvements while repair construction was up 2.8 per cent, the highest rise since 2007.

The real estate and rental & leasing sectors declined by 0.2 per cent. This was the first decline since May 2012 and includes a 6.2 per cent drop for real estate agents and broker activities, following changes to mortgage rules introduced in the previous month.

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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