A fresh dose of the local market. Three times a week.
On the topic of Micro Condos in Canada and the United States, Radio Canada made a documentary covering the different condo markets in the cosmopolitan cities of Montreal Vancouver and San Francisco. It shows us the differences between our (montreal) micro-condos and what they have to offer in space and layout in comparison to the ones in San Francisco, for example. A snapshot of the … [Read more...]
The year isn't over yet, but you can definitely expect new Market forecast coming this month, telling us how the year did so far and what to expect for 2010. This is the first we're publishing here. The report was done by RE/MAX. More reports coming soon. As economic stability returns to Canadian markets, housing performance expected to accelerate in 2010. The RE/MAX Housing Market Outlook for … [Read more...]
Canada's housing market shows every sign of having bounced back from its recessionary bottom, with both the number and price of homes rising for the third straight month in April. The Canadian Real Estate Association said homes sales soared 11.2 per cent on a seasonally adjusted basis from March, the biggest jump in five years, and with 34,838 units trading hands, the highest level in seven … [Read more...]
Missed opportunity of what could have been a great Development. The Holborn Group stopped its 60-storey Ritz-Carlton project in downtown Vancouver after only 62 of the 123 units were sold. The $500-million luxury hotel and condominium project featured a 20-storey hotel topped by 40 storeys of condos. "The development would have been the second-tallest building in the city and was scheduled to … [Read more...]
10 Questions to Ask a Seller’s Agent Before You Hire Them - Vancouver Reflections Is a 40-Year Mortgage Hazardous for your Financial Health? - Move Smartly Underground contractors can cost you everything - St. John's Real Estate Blog How long should it take to sell? - Toronto Real Estate Intelligence Variable rate versus fixed rate mortgages, what is the way to go? - Mississauga Real … [Read more...]
Market Blog - Just bought a house? Don't read this - Globe & Mail Market Blog. Homeless crisis grows while Canada prospers - The Vancouver Sun. 'Cooling' the watchword in Canadian real estate - CBC News.ca. Slide ends housing boom - National Post Has the housing boom gone bust? - Calgary Herald Low inflation gives Canada wiggle room on rates, analysts say - Canada.com A little … [Read more...]
Housing markets on shaky ground. [ Report on Business Globe & Mail ]"Canada is in better shape than many other countries and home prices here aren't expected to drop this year.But that doesn't mean home owners should expect, or want, to see the big gains of past years." Voices: 40-year mortgages [ The Star.com ] "It should be against the law for banks to offer (and CMHC to insure) 40-year … [Read more...]
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