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Economics in One Lesson: The Shortest and Surest Way to Understand Basic Economics
Henry Hazlitt (Paperback) Three Rivers Press 1988-12-14
Release date: 1988-12-14
Condition: New
Notes: BRAND NEW FROM PUBLISHER! 100% Satisfaction Guarantee. Tracking provided on most orders. Buy with Confidence! Millions of books sold!
ISBN13: 9780517548233
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$14.00
$10.99
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Showtime for Canada's West Coast: BMO
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Also on the housing front, Canadian home sales figures were released today showing existing home sales increased 2.7 per cent in May from a year ago – the first increase in a year.
"Sales have been dinged, but hardly hammered by the new stricter mortgage rules that took effect mid-March, with average prices up 8.6 per cent year over year, similar to gains in the three prior months," said Douglas Porter, Deputy Chief Economist, BMO Capital Markets. Vancouver reported an average price of $831,555, up a staggering 25.7 per cent year over year. The full report can be viewed at: http://www.bmonesbittburns.com/economics/econofacts/20110615a/econofacts.pdf .
Furthermore, BMO Bank of Montreal released results from a survey showing that nearly one in five Canadians (16 per cent) have been caught in a bidding war during the home buying process, with homebuyers willing to pay 9 per cent above the asking price. Regionally, British Columbians are most likely to have experienced a bidding war (25 per cent), followed by home buyers in Ontario, the Prairies and Atlantic Canada.
