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Please browse the articles below: Jul 30, 2010 Slower economic expansion upon us
Slower economic expansion is upon us judging by data released Friday that indicated U.S. GDP posted its weakest pace of three-month growth in nearly a year,... Jul 29, 2010 (House) Prices highest in Vancouver
Vancouver house prices led Canada in May with a 17.1-per-cent year-over-year increase, according to the Teranet-National Bank composite house-price index,... Jul 29, 2010 MORTGAGES: Variable may not longer be the best mortgage
Fixed rates are falling fast so do your homework. Not that there are a lot of people buying houses these days, but the answer to the age-old question of... Jul 28, 2010 INTEREST RATES: Almost "inevitable" interest rates will rise: Bank of Canada deputy govenor
The pace of Bank of Canada rate moves remains uncertain, but it is "almost inevitable" that interest rates will rise over time, outgoing Deputy Governor... Jul 28, 2010 MORTGAGES: Variable may no longer win
Not that there are a lot of people buying houses these days, but the answer to the age-old question of whether to go long or short on your mortgage is... Jul 27, 2010 INTEREST RATES: Bank of Canada and Interest Rates: Higher Is Not Always Bad
On Tuesday, the Bank of Canada raised its key lending rate from 0.50 per cent to 0.75 per cent.
Interest rate policy is often divisive, pitting borrowers... Jul 27, 2010 INTEREST RATES: With rates low, is it time to reconsider your mortgage?
With mortgage rates low and more likely to go up than down, some borrowers may want to think long and hard about whether they want a long and hard -- fixed,... Jul 26, 2010 Condo's aimed at minimum-wage earners
Developer cut perks to make new housing affordable: No parking. No fancy finishes. No costly marketing program. No speculators. No one who isn’t willing to... Jul 25, 2010 City versus the Burbs
Box in the sky -- or house in the 'burbs? For many young couples in Vancouver today, that's the million-dollar question (or, more accurately, the $600,000... Jul 23, 2010 INTEREST RATES: Rate-hike future clouded
The Bank of Canada may have let the cat out of bag on interest rates Thursday, analysts say, when it indicated that "gradual" hikes are forecast to keep... Jul 23, 2010 MORTGAGES: Mortgages are about more than just the rate
With interest rates still near all-time lows, despite the recent increases in the Bank of Canada's overnight target rate, it may be time to rethink... Jul 23, 2010 Developers push wave of pre-sales into slow market
Metro Vancouver developers may have got ahead of themselves with the number of housing projects they are pushing into the pre-sale marketing phase, says a... Jul 22, 2010 INTEREST RATES: Bank of Canada tips its hand on rates
The Bank of Canada may have let the cat out of bag on interest rates Thursday, analysts say, when it indicated that “gradual” hikes are forecast to keep... Jul 21, 2010 INTEREST RATES: Bank of Canada boosts benchmark rate
The Bank of Canada raised its benchmark policy rate Tuesday by 25 basis points to 0.75 per cent, even though it scaled back its growth outlook on the belief... Jul 21, 2010 INTEREST RATES: Expect another rate hike soon
"The Bank of Canada is like a poker player with a pair of jacks -- not sure it has the winning hand, but comfortable throwing in another quarter-point chip... Jul 20, 2010 INTEREST RATES: Bank of Canada raises key overnight interest rate 0.75%
The Bank of Canada raised its benchmark policy rate Tuesday to 0.75% even though it scaled back its growth outlook on the belief budget cutting among... Jul 19, 2010 Real estate note
Despite warnings from market watchers, mortgage rates remain at historic lows, at least for now. And while lenders expect upward pressure in coming weeks,... Jul 19, 2010 Canada expected to follow US as economy slows
The mighty U.S. economy is slowing again, and with it Canada’s chances of escaping the global downdraft.
A sudden plunge Friday in a closely watched... Jul 19, 2010 INTEREST RATES: Bank of Canada poised to raise interest rates
Mark Carney is likely to raise borrowing costs for the second straight time Tuesday, while continuing to sound a cautious tone as belt-tightening in Europe,... Jul 19, 2010 INTEREST RATES: Bank of Canada expected to boost interest rate
Analysts predict repeat of June’s increase
Two major announcements bookending the coming week’s economic news will provide a clearer snapshot of the... Jul 17, 2010 HST: HST blues
A growing family, particularly one with a bunch of boisterous teenagers, takes up quite a bit of space. A home that once had plenty of room for you and the... Jul 17, 2010 ECO: Prefab, eco-friendlly, and -- round American homebuilder cuts no corners
An American homebuilder specializing in eco-friendly, circular prefabs is making inroads in Canada. Deltec Homes, of Asheville, N.C., has shipped its... Jul 17, 2010 Non-residential building climbs 1.2%
Investment in non-residential building construction reached $10.1-billion in the second quarter of 2010, up 1.2% from the previous quarter, Statistics Canada... Jul 16, 2010 Housing prices post year's first drop
First-time buyers disappeared from the usual bustling spring real estate market and homeowners opted to stay put rather than risk losing money on a sale,... Jul 16, 2010 Drop in home sales
Existing home sales continued their rapid decline last month, with 70% of markets showing a drop in sales in June from May, the Canadian Real Estate... Jul 16, 2010 Home sales on downward slide
Home sales in B.C. tumbled 23 per cent last month, the B.C. Real Estate Association says.
Residential sales through the Multiple Listing Service in the... Jul 16, 2010 BC is homebuyer's territory
Active listings sit at the highest levels since March 2009 economist says......
When Maple Ridge's Monika Novosadova went house hunting this spring, she... Jul 15, 2010 Home sales continue to drop
Existing home sales continued their rapid decline last month with 70% of markets showing a drop in sales in June from May, according to the Canadian Real... Jul 14, 2010 China's latest export: home buyer
Half a world away, a handful of Chinese citizens are feverishly planning a Canadian real-estate shopping excursion.
A farmer, an engineer, a furniture... Jul 14, 2010 Canadians top foreign buyers of US properties
Canadians bought more U.S. properties than the citizens of any other country in the last year, although financing was a hurdle for many of them.
A study... Jul 14, 2010 INTEREST RATES: Recovery report points to rate hike
Canada's frothy economic recovery fueled an import surge in May, boosting the country's modest trade deficit and suggesting another interest rate hike may be... Jul 10, 2010 High marks for Canada's real estate market
Canada may no longer be the most transparent housing market in the world, but it's close, according to a biannual survey of 81 countries.
Canada came in... Jul 10, 2010 Resales dip in June, 23%
Having just started my term as Toronto Real Estate Board (TREB) president, I am excited to write my first article for National Post. This comes at an... Jul 10, 2010 June drop in housing starts signals moderate levels for rest of year: CMHC
Housing starts fell in June to 189,300 units, down 3.1% from May Canada Mortgage and Housing Corp. reported yesterday. May's starts, initially reported at... Jul 9, 2010 New home prices rise
New-home prices in Metro Vancouver continued to rise in May, according to Statistics Canada's new-housing price index, but with buyers feeling less urgency... Jul 8, 2010 Home prices will ease
I think what’s happening now is that there are still buyers out there, but they’re being a little more cautious, a little more price sensitive.....says... Jul 7, 2010 Drop in home sales may be sign of peak
Existing home sales dropped sharply in Canada's two most expensive markets, a further indication that the real estate market may have peaked.
The Toronto... Jul 7, 2010 House prices and sales to decline across Canada: Real Estate Market Survey
House prices continued to climb higher across Canada in the second quarter of 2010, but sales and prices are expected to fall in the coming months, according... Jul 7, 2010 BC building permit values soar to new high
B.C. has recorded one of the country's largest increases in the value of building permits over the past year, according to a Statistics Canada report... Jul 7, 2010 MORTGAGES: More lenders lower mortgage rates
Canadian Imperial Bank of Commerce announced Tuesday a reduction in its mortgage rates.
It’s benchmark five-year closed rate was to decline 10 basis... Jul 6, 2010 First-time buyers in BC more likely to buy a condo than a house
And they do their financial homework.
First-time homebuyers in British Columbia are opting for condominiums, not houses, unlike their counterparts in much... Jul 6, 2010 Housing market holds steady in June
Metro Vancouver's housing market experienced steady activity in June despite sales that were 30 per cent lower than the same time last year, according to the... Jul 3, 2010 Real estate numbers are transitory, but value is forever
Real estate news can mean different things to different people. A headline announcing either a dramatic drop or a wild increase in real estate sales will... Jul 2, 2010 Home prices rise
Home prices in some of Canada's biggest cities rose 0.8% in April, said the latest Teranet-National Bank house-price index released on Wednesday. That... Jul 2, 2010 Home ownership comes with hassles - and with tax breaks
Some people have the worst kind of luck. I think about my friend Janice. She bought a home seven years ago and has had nothing but mishaps since.
In 2003,... Jul 2, 2010 HST: Mo' money, the same problems: The higher cost of living compared
The HST means many higher costs for British Columbia consumers. Here’s how an average day may break down before and after the HST.
My day: June 1, 2010... Jul 1, 2010 Home prices keep rising, but contraditions lie ahead
Home prices in some of Canada's biggest cities rose 0.8 per cent in April, according to the latest Teranet-National Bank house-price index released... Jun 29, 2010 Buyers take control with Okanagan slow to recover
The shine is off Okanagan real estate, with a buyer's market returning to the sun-drenched region and some developers not only delaying projects but dropping... Jun 29, 2010 BC a draw for China's rich real estate tourist
Chinese interest in Vancouver-area real estate is so strong that it's fuelling a market for real estate tourism, with groups of wealthy travellers scheduling... Jun 28, 2010 Wealthy Chinese put house hunting on Vancouver vacation itinerary
Mainland Chinese interest in Metro Vancouver property is so strong that it's fuelling a market for real estate tourism, with groups of wealthy travellers...
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