Original article: Francis Vailles, La Presse. Les mauvaises nouvelles se succèdent, mais la récession a aussi un aspect avantageux. Depuis quelques mois, le prix de l'essence et les taux d'intérêt ont chuté de façon draconienne, procurant de substantielles économies aux consommateurs. L'été dernier, les automobilistes payaient plus de 1,40$ le litre pour remplir leur réservoir. Hier, … [Read more...]
8 Sources of the U.S Financial Crisis – How it all began.
December 11, 2008 By 5 Comments
How this economic crisis that began in the United States, and how did it happened? Between all the information being distribute around, on the easy to find among all the information gleaned on the left and right on the subject. Yet, as a real estate professional, you certainly raise questions about this, as we pose to ourselves. Peter Langlois, senior economist at The Federation of Chambers … [Read more...]
Canadian Market News: Credit Crunch & Stock Market Effects
September 17, 2008 By 1 Comment
Canadians 'should not be too worried' - [Financial Post] Wall Street may be imploding while financial markets around the world are in retreat, but as far as most Canadians are concerned, it's business as usual. (...) Canadians need to be cautious in making financial decisions in the months ahead as the economic environment becomes more challenging. For instance, they … [Read more...]
Canadians consider buying a condo purely for investment purposes
May 8, 2008 By 3 Comments
Slightly more than one-third of Torontonians (34%) would consider owning a condo solely for investment purposes rather than as their primary residence. 8% have already made this kind of investment. By comparison, more than half (52%) of Vancouverites say they would buy a condo strictly as an investment, yet only 5% have actually done so. Among Montrealers, only 3% say they already own an … [Read more...]
Canadian Housing Market News Evening Recap
May 7, 2008 By Leave a Comment
Canadian Home Sales to Dip in 2008 and 2009, Real Estate Agency Says - Canadian Economic Press "Canada's resale housing market will cool in 2008 and 2009, with the number of homes sold expected to drop and the pace of price increases to slow, according to a forecast issued Tuesday by the Canadian Real Estate Association (CREA)." Read the complete article More evidence housing market cooling - … [Read more...]
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