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01 July 2011
Home Sales to Rise 5 Per Cent This Year
BCREA 2011 Second Quarter Housing Forecast Vancouver, BC - June 30, 2011. The British Columbia Real Estate Association (BCREA) released its 2011 Second Quarter Housing Forecast today. BC Multiple Listing Service® (MLS®) residential sales are forecast Read More...
15 June 2010
BCREA Housing Forecast - Second Quarter 2010
Housing Market Push and Pull: Economic Growth Versus Affordability Vancouver, BC - June 7, 2010 . The British Columbia Real Estate Association (BCREA) released its Housing Forecast for the second quarter of 2010 today. BC Multiple Listing Service® Read More...
06 June 2009
Bank of Canada holds interest rates steady
Canadian Real Estate Association Published June 5, 2009 Overnight rate stays at 0.25 per cent The Bank of Canada held its benchmark overnight lending rate steady at 0.25 per cent at its setting on June 4 th , 2009. The trend-setting Bank rate, which is Read More...
08 May 2009
Canadian Housing Market Shows Some Spring In Its Step
Scotia Bank Real Estate Trends Adrienne Warren (416) 866-4315 adrienne_warren@scotiacapital.com May 5, 2009 - Canada's housing market is showing signs of emerging from its winter hibernation. The Canadian Real Estate Association reported a healthy Read More...
15 April 2009
Affordability Drives Home Sales Higher
Vancouver, BC – April 15, 2009. British Columbia Real Estate Association (BCREA) reports residential sales dollar volume on the Multiple Listing Service® (MLS®) in BC declined 35 per cent to $2.3 billion in March, compared to the same month Read More...
16 October 2008
Home Prices Down; Affordability Improves
Vancouver, BC – October 15, 2008. British Columbia Real Estate Association (BCREA) reports residential sales dollar volume on the Multiple Listing Service® (MLS®) in BC declined 39 per cent to $2.1 billion in September, compared to September Read More...
07 October 2008
Royal LePage - Canadian Average House Prices Inch Up In Q3
TORONTO, October 6, 2008 – Home prices in Canada’s resale real estate market continued to grow modestly through the third quarter in most major cities, according to a House Price Survey report released today by Royal LePage Real Estate Services. Read More...
07 October 2008
Why the Canadian housing market is not set to melt down
Globe and Mail Update September 25, 2008 While the “best days” for Canada's real estate markets may be over, comparing the Canadian outlook to the U.S. housing meltdown is off base, two Bank of Nova Scotia economists say in a new report. Read More...
30 September 2008
REALTORS® welcome Conservative Party’s first-time homebuyers tax credit
Published September 18, 2008 CREA OTTAWA – September 16 th , 2008 – REALTORS® welcomed today’s announcement by the Conservative Party of a proposed tax credit for first-time homebuyers for intended application against closing costs Read More...
10 July 2008
Ottawa revamps mortgage rules
KEVIN CARMICHAEL © The Globe and Mail Wednesday, July 09, 2008 OTTAWA — The federal government says it will no longer guarantee 40-year mortgages, one of a handful of measures aimed at guarding against a U.S.-style housing bubble. The Finance Read More...
07 June 2008
Consumer confidence continues to slide in May
Reflecting rising fuel and food prices, national consumer confidence posted its third consecutive monthly decline in May 2008, dropping to its lowest level in more than a decade. Confidence fell in every region in May, with the largest decline in Ontario. Read More...
04 May 2008
Doom and gloom not in cards for Canadian real estate market: analyst
Despite the recent drop in home sales, Canada's housing market should remain buoyant during the rest of this year, but developers face more difficulty securing loans for projects, analysts say. A recent Canadian Real Estate Association (CREA) report Read More...
14 March 2008
Home affordability at worst point since 1990: RBC
Housing affordability in Canada ended last year at its lowest level since 1990, Royal Bank said Friday. In its quarterly outlook on the cost of owning a home, the bank said affordability eroded in every quarter of 2007 as house prices rose on the strength Read More...