February 2011 - Posts

23 February 2011
Home Unit Sales to Climb Eight Per Cent in 2011
Vancouver, BC - February 23, 2011. The British Columbia Real Estate Association (BCREA) released its Housing Forecast for the first quarter of 2011 today. BC Multiple Listing Service® (MLS®) residential sales are forecast to increase 8 per cent Read More...
21 February 2011
Fight HST to Boycott So Called “Independent” Panel on HST
PORT COQUITLAM – (Monday, February 14, 2011) – Fight HST, the group that lead the successful petition to repeal the HST, will not be making a submission to the self described “Independent” Panel on the HST says Lead Organizer, Read More...
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21 February 2011
Canada Bucks Inflation Trend
Friday, 18 February 2011 Contrary to expectations, inflation in Canada actually fell in January, according to the recent Consumer Price Index released by Statistics Canada. Most other nations around the world are working hard to curb rising inflation; Read More...
21 February 2011
CMHC Answers Back
This week CMHC has taken a stand, reacting to weeks of buzz and criticism after the release of a report by CD Howe which recommended that government involvement in mortgage insurance be scaled back and that more private players be invited onto the field. Read More...
21 February 2011
TD Report Shows Most Financially Vulnerable Provinces
There has certainly been an expression of concern across the country from policy makers, lenders and analysts alike about the connection between household debt and rising interest rates. But now, analysts are looking at different regions to examine the Read More...
14 February 2011
January Sales Statistics for the Columbia Valley
are now available at http://statistics.rockieswest.com Read More...
14 February 2011
Housing Market Continues Normalization Trend
Vancouver, BC - February 14, 2011. The British Columbia Real Estate Association (BCREA) reports that Multiple Listing Service® (MLS®) residential sales in the Kootenays were down 3 per cent to 102 units compared to January of last year. In the Read More...
10 February 2011
CREA Boosts Annual Resale Housing Forecast
Published February 8, 2011 CREANEWS.CA OTTAWA - February 8, 2011 - The Canadian Real Estate Association (CREA) has revised its 2011 forecast for home sales activity via the Multiple Listing Service ® (MLS ® ) Systems of Canadian real estate Boards Read More...
05 February 2011
Labour Force Survey - February 4, 2010
Canada added an astounding 69,500 jobs in January, the strongest job growth since April of last year. However, an expanding workforce pushed the national unemployment rate up 0.2 points to 7.8%. BC lost jobs for the second consecutive month, shedding Read More...
01 February 2011
2010 Ends and 2011 Begins On Positive Note For Canadian Real Estate
Thanks to low interest rates, and the knowledge that they can't stay there forever, 2010 ended well for Canadian Real Estate, and more of the same is expected for 2011, according to the Royal LePage House Price Survey and Market Survey Forecast released Read More...
01 February 2011
Forecast For The Canadian Property Industry In 2011
PropertyWire,Ca's journalist, Heather Wright, has conducted exclusive interviews with Phil Soper, President of Royal LePage, Robert Hogue, Senior Economist with RBC and Jeffrey Schwartz, Executive Director of Consolidated Credit Counseling Services Read More...
01 February 2011
Canadians Showing Restrained Optimism
According to a new poll released by Economic Club of Canada/POLLARA, Canadians are showing a restrained optimism in terms of the economy. The poll shows that, although there is an increase in confidence on economic growth, Canadians are less positive Read More...
01 February 2011
GDP Growth - January 31, 2011
The Canadian economy expanded by 0.4 per cent in November, easily beating consensus expectations of 0.3 per cent. Growth in November was boosted by the mining, oil and gas sectors as well as a strong Christmas shopping season which boosted retail trade Read More...