The Canadian economy grew 0.4% in November 2017 according to newly-released figures from Statistics Canada.

Seventeen of the 20 main sector groups gained with manufacturers seeing their industry’s largest growth in 3 years.

The real estate industry also proved a strong driver of economic growth with real GDP gaining 0.4% driven by a 4% growth in the output of real estate agents and brokers offices.

It was the fourth straight month of gains for real estate agents as sales in Ontario and Alberta increased, but the gain was tempered by the Ontario Fair Housing Plan implementation.

The finance sector also gained, up 0.3% in the month, stalling four months of decline in the sector.

For construction, there was a 0.1% rise in GDP in November 2017 but the residential sector was down 0.2% along with repair construction. Non-residential gained 0.9%.

Are you looking to invest in property? If you like, we can get one of our mortgage experts to tell you exactly how much you can afford to borrow, which is the best mortgage for you or how much they could save you right now if you have an existing mortgage. Click here to get help choosing the best mortgage rate

More market watch: