BMO Capital Markets and Sal Guatieri

Sal Guatieri: "Spring has come early for both Toronto and Vancouver," said Sal Guatieri, a senior economist at BMO Capital Markets, according to CTV. "I would expect the spring market to be quite hot in both cities -- but that will be the exception across the country, not the norm." - Rock-bottom interest rates, a scarcity of supply and growing demand from millennials and wealthy immigrants have fuelled a strong start to the spring real estate season in Toronto and Vancouver. Both cities experienced growth in sales volumes and prices during the first two months of the year, Guatieri said. (www.immigrantscanada.com). As reported in the news.