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Category Archives: Real Estate News
Canadian Real Estate Market
In its latest policy announcement the Bank of Canada continued to forecast a soft landing for Canadian real estate. That projection received some support from the latest CMHC figures for housing starts. The agency says the pace of construction slowed … Continue reading
Posted in Real Estate News, Uncategorized
Tagged Bank of Canada, Canadian real estate, housing starts, soft landing
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Housing Market Outlook Vancouver and Abbotsford
Housing Market Outlook Vancouver and Abbotsford An interesting read on CMHC’s Housing Market Outlook for Abbotsford and Vancouver in 2014. If you don’t want to read a lot of detail and just want the stats, scroll down to page 12 … Continue reading
Posted in Real Estate News, Uncategorized
Tagged Abbotsford, housing market, mortgage rates, Vancouver
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Fiscal Cliffs and All
Over the holidays, I had several people expressing concern about the looming fiscal cliff, while others commented that it was just the typical media hype and American political games, stirring everything up into a frenzy. One client asked me if … Continue reading
Posted in Bank of Canada, Interest Rates, Real Estate News
Tagged fiscal cliff, housing prices, interest rates rising
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No sharp dive in housing market says CIBC economist, Benjamin Tal
For those of you sitting on a pre-approval, or a rate hold, waiting for the market to dive lower before making an offer on your dream home, be aware of some factors that may not see your wishes come to … Continue reading
Real Estate & Market Commentary
Canada Mortgage and Housing Corporation is adding its voice to those announcing a slowdown in Canada’s housing market. The Crown corporation’s third quarter market review projects “measured” growth through the rest of this year and into next. CMHC sees a … Continue reading
Residential Market Update
Canada Mortgage Bonds: Canada Housing 5 year – 1.82% Market Commentary: As we settle into the dog days of summer a chill has settled over real estate in Canada’s two hottest markets. The anecdotal reports over the last couple of … Continue reading
Residential Market Update
With historic low interest rates being enjoyed by all, the market watches each Bank of Canada announcement for clues to when the inevitable will happen. Rising interest rates are not “if” it will happen, but “when.” Although some pundits believe … Continue reading
September Newsletter: Back to School and News for Home Buyers!
The September issue of @Home with Winona is now posted under the Newsletter tab. This month’s articles include: 1 Local Housing Markets Across Canada Remain Affordable 2 Set your child up for success this school year 3 Checklist for condo … Continue reading
Posted in Real Estate News, Tips, Verico @ Home newsletter
Tagged affordable housing, condo buyers, housing market, newsletter, Vancouver
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BCREA – Moderate Growth in Housing Demand in 2012
Vancouver, BC – August 25, 2011.The British Columbia Real Estate Association (BCREA) released its 2011 Third Quarter Housing Forecast Update today. BC Multiple Listing Service® (MLS®) residential sales are forecast to increase 3.8 per cent from 74,640 units in 2010 … Continue reading
Market Commentary – Residential Market Update
The first full month since Ottawa tightened mortgage rules is in the books. While it’s still early on, the move appears to be having an effect. But is it the desired effect? The August numbers show a 6% drop in … Continue reading →