Wednesday, 29 February 2012

Stop moving so much, it’s ruining you

 He’s moving again, buying another house — his third in about seven years. Or should I say a good friend of mine has once again thrown away a huge chunk of his money.

Tuesday, 28 February 2012

Saskatchewan construction sets record employment growth

REGINA, Feb. 27, 2012 /CNW/ - Saskatchewan is leading other provinces in construction employment growth, and though it has attracted more new workers than most provinces, industry leaders say meeting labour needs over the next decade remains a challenge.

Monday, 27 February 2012

New Cuban law will create a property market for first time since 1959

Buying and selling property is to be allowed in Cuba with new rules coming into effect next week although exact details are unclear.

Friday, 24 February 2012

Rising debt putting retirement on hold

OTTAWA — Years of rising consumer debt are coming home to roost, forcing Canadians to rethink traditional plans to retire by age 65.

Tuesday, 21 February 2012

Mortgage fraud on the rise

MONTREAL — Consumer credit company Equifax uncovered roughly $400-million worth of mortgage fraud in Canada last year, an “eyeopening” number industry experts estimate represents only a fraction of the cheating taking place in the country’s real estate market.

Monday, 20 February 2012

Property sales in Canada fall for the first time in months

Residential property sales in Canada fell 4.5% from December last year to January 2012, the biggest monthly fall since July 2010, the latest figures from the Canadian Real Estate Association (CREA) show.

Tuesday, 14 February 2012

Singapore real estate agents pessimistic about 2012

Property developers in Singapore say that they are pessimistic about the outlook for the real estate market in 2012 as some analysts forecast a 5 to 10% drop in property prices this year.

Monday, 13 February 2012

RRSP can house a mortgage

You've made your 2011 RRSP contribution a full two weeks ahead of the Feb. 29 deadline. Congratulations! But what did you invest in? GICs? Stocks? Bonds?

Thursday, 9 February 2012

Canadian banks call truce in easy-money mortgage battle

The bonanza of dirt-cheap mortgages offered by some of the country’s biggest lenders in recent weeks has been shut down sooner than expected, as banks pull their offers in the face of higher funding costs and concerns over dwindling profit margins.

Tuesday, 7 February 2012

Condos attracting a lot of buyers in the Philippines

Property investors, many of them from overseas, are continuing to buy in the Philippines despite rising prices, experts point out.

Monday, 6 February 2012

Greece tiptoes closer to the cliff

Watching Greece is like watching an amateur tight-rope walker with no net beneath him. He may make it, he may not. His fall would be fatal.

Wednesday, 1 February 2012

CMHC backing fewer loans

Canada Mortgage and Housing Corp. is cutting back on mortgages it insures as the Crown corporation edges closer to a $600-billion cap imposed on it by the federal government, the Financial Post has learned.