Thursday, December 13, 2012

Canada and specifically Ontario job numbers are impressive

TD Bank States

The Canadian economy added 59,000 jobs in November, following a lackluster performance in October. The unemployment rate fell to 7.2%, a drop of 0.2 percentage points, to the lowest level seen since June.

Regionally, employment growth was strongest in Ontario with 32,000 jobs added.

Overall, we expect employment to be fairly steady next year, increasing by an average of about 15,000 jobs per month, with the unemployment rate holding fairly steady.

For Ottawa real estate contact the Bennett Pros

Sunday, December 2, 2012

The Big Long

A new generation of investors is betting on United States of America’s housing market

Click here to read the complete article   Shares in home building companies are on the rise.  Warren Buffett is buying brick companies, home improvement companies and bought a real estate brokerage company.  Hedge Funds are pumping billions into housing markets.  Blackstone has $54 billion invested in real estate.