No Rate Hikes Until 2013

  No rate hikes until 2013: BMO By Eric Lam, Financial Post BMO Capital Markets pushed its rate hikes forecast back to 2013 on Tuesday, citing continued serious economic risks both home and abroad. The new forecast pushes the expected time frame for the Bank of Canada to raise its benchmark interest rates back from [...]

News Release October 4, 2011

News Release: October 4, 2011 MORE LISTINGS, FEWER SALES KEEPING LID ON HOME PRICES IN THE FRASER VALLEY (Surrey, BC) – Property sales on the Fraser Valley Real Estate Board’s Multiple Listing Service® (MLS®) in September were the third lowest for that month in the last decade, while new listings for September ranked the second [...]

Canadian debt levels no cause for alarm, economist says

September 20, 2011 by Dave, Cindy and Amanda Walker · Leave a Comment 

Canadian debt levels no cause for alarm, economist says roma luciw Globe and Mail Blog Posted on Monday, September 19, 2011 6:40PM EDT A report that showed Canadian household debt levels have topped U.S. ones should be taken with a grain of salt, according to one economist. In a note released Monday, National Bank of [...]

Canadian Housing Market Immune To Global Turmoil In August, CREA Finds

September 17, 2011 by Dave, Cindy and Amanda Walker · Leave a Comment 

Canadian housing market immune to global turmoil in August, CREA finds A real estate agent puts up a “sold” sign in front of a house in Toronto Tuesday, April 20, 2010. THE CANADIAN PRESS/Darren Calabrese Michelle McQuigge, The Canadian Press, On Thursday September 15, 2011, 4:09 pm EDT By Michelle McQuigge, The Canadian Press TORONTO [...]

Summary: The Bank of Canada’s Changing Language

The Bank of Canada’s changing language – CBC.CA On Wednesday September 7, 2011, 4:51 pm EDT Watching the Bank of Canada’s language on the economy change over the past year is like seeing a healthy, upbeat person gradually come around to the idea that a serious illness is overtaking them. A year ago, the central [...]

Buying A Vacation Property – What You Need To Consider…

Buying a vacation property – what you need to consider Owning a vacation home – whether for summer, winter, or year-round use – is a dream shared by many Canadians. With the loonie in good shape and U.S. vacation properties currently at bargain prices, more Canadians are looking southward for their dream retreat. In 2010, [...]

Vancouver No Longer The World’s Most Livable City

There are plenty of reasons Vancouver no longer the world’s most livable city Brian Hutchinson  Aug 30, 2011 – 9:00 PM ET | Last Updated: Aug 30, 2011 8:22 PM ET Vancouver has lost its title as the world’s most livable city, but we soldier on. What has changed, really, since the last survey? We’ve experienced [...]

B.C.’s Home Sales, Property Values To Slow As Job Growth Ebbs: BCREA

B.C.’s home sales, property values to slow as job growth ebbs: BCREA VANCOUVER – Slower job growth in British Columbia’s economy will mean slower increases in home sales and property values through to 2012, the B.C. Real Estate Association said Thursday. And by the end of 2012, the association expects the high-flying prices in some [...]

Royal Bank & BMO Increase Its Five Year Variable Mortgage Rates

Royal Bank, BMO increase its five-year variable mortgage rates Sunny Freeman, The Canadian Press, On Tuesday August 23, 2011, 8:01 pm EDT By Sunny Freeman, The Canadian Press TORONTO – Royal Bank of Canada (TSX:RY) is raising its variable rate mortgages for homebuyers in a move that reflects higher costs of borrowing in the bond [...]

Understanding House Prices – What Factors Affect The Value Of A Home?

Understanding house prices What factors affect the value of a home? Location: Real estate people always say “Location, location, location.” That’s because the area you live in will be the biggest factor affecting your home’s price. It’s smart to buy a home where housing prices are likely to increase. Also, the people who may buy [...]

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