National home sales continue surging, prices rise amid falling interest rates: CREA [Investment Executive - News]
Cabot Corporation (CBT)
Last cabot corporation earnings: 2/3 04:16 pm
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Source: Investment Executive - News
A total of 37,855 homes changed hands last month across Canada, compared with 30,042 in November 2023, following a 30% year-over-year increase of sales in October. “We’re starting to see a little bit of consumer confidence make its way into the marketplace,” said Mike Heddle, a broker for Royal LePage State Realty in Hamilton, Ont. “With lightening in the Bank of Canada’s interest rate policy, I think that’s bringing a little bit of confidence to some of those first-time buyers and maybe ‘move-up’ buyers.” The Bank of Canada’s half-percentage-point cut last week marked the fifth consecutive time it has lowered its policy rate since June, bringing it to 3.25%. The association said rising home sales activity was driven by gains in Greater Vancouver, Calgary, Greater Toronto and Montreal, along with some smaller cities in Alberta and Ontario. The national average sale price for November rose 7.4% compared with a year earlier to $694,411. “Not only were sales up again, but with mark
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CBT
Earnings
- 11/4/24 - Miss
CBT
Sec Filings
- 12/17/24 - Form 4
- 12/17/24 - Form 4
- 12/17/24 - Form 4
- CBT's page on the SEC website