Mortgage Highlights Of The Week
January 27, 2012 by Dave, Cindy and Amanda Walker · Leave a Comment
HIGHLIGHTS OF THE WEEK United States * The Federal Reserve committed to keep rates on hold through the end of 2014 this week, while today’s Q4 GDP released underscored the fragility of the economic recovery. Unfortunately, further monetary easing isn’t what is going to provide the jolt the economy needs. * What’s holding the economy [...]
Housing Price Index – New and Improved – Jan. 2012
January 19, 2012 by Dave, Cindy and Amanda Walker · Leave a Comment
How will the new MLS® Home Price Index help you help your clients? The housing price index (HPI) has always been the best measure for home price trends and now it’s going to get even better. In February, CREA and five of Canada’s largest real estate boards, including FVREB, will launch a national index replacing [...]
Weekly Mortgage Update Jan 2012
January 18, 2012 by Dave, Cindy and Amanda Walker · Leave a Comment
Industry News Finance Minister Jim Flaherty says he stands ready to intervene in the housing market again, just as a mortgage price war breaks out among Canada’s major banks. Flaherty said Tuesday that he’s watching the market closely, although he has no plans to tighten the market again at this point. His comments came [...]
2011 Real Estate Market Showcases Regional Variation
January 5, 2012 by Dave, Cindy and Amanda Walker · Leave a Comment
News Release: January 4, 2012 2011 REAL ESTATE MARKET SHOWCASES REGIONAL VARIATION (Surrey, BC) – Overall, Fraser Valley’s real estate market in 2011 was below the 10-year average in property sales and above average in the number of new listings received, however, according to the president of the Fraser Valley Real Estate Board, results varied [...]
