Thursday 31 October 2013

Happy Halloween!

To get into the spirit of the spook-tacular holiday, here are Top 10 Trivia Questions for Halloween:

Tuesday 29 October 2013

Flaherty to discuss further changes with developers

OTTAWA — The Canadian government has no plans for now to clamp down on the housing market even though prices are rising again, Finance Minister Jim Flaherty said on Monday, but he pledged to investigate whether the price uptick looks to be more than temporary.

Monday 28 October 2013

Why no rate hike means variable mortgages are safe again

A signal from the Bank of Canada that it is not raising its key lending rate any time soon, coupled with the likelihood of falling mortgage rates, could be enough to keep the latest housing rally going.

Thursday 24 October 2013

Risk of price bubble in some US markets falls back

Image The risk of a real estate price bubble in some overheated markets in the United States is receding with the latest analysis report from Zillow suggesting that fewer markets are at risk of becoming unaffordable.

Monday 21 October 2013

Corporate Canada ready to spend in 2014 on signs of improved U.S. economy: CIBC

TORONTO – Spending by Corporate Canada is expected to ramp up in 2014 as global economies, particularly the U.S., continue to show signs of improvement, says a report by CIBC Economics.

Wednesday 16 October 2013

More Jobs and Lower Unemployment

Canada added 11,900 jobs in September and the unemployment rate dropped to an almost five-year low of 6.9 percent, largely because fewer youths were looking for work, Statistics Canada said on Friday.

Friday 11 October 2013

No Bank of Canada rate hike till 2016?

In the span of a week, two banks have pushed back their forecasts of a Bank of Canada rate hike to 2016.

Wednesday 9 October 2013

Property sales and price forecasts for 2013 and 2014 in Canada

National residential property sales in Canada have improved more quickly than anticipated and as a result the Canadian Real Estate Association has updated its forecasts for 2013.

Tuesday 8 October 2013

How to avoid condo board breakdowns

When a condominium community goes to war, everyone loses. The owners lose trust in the board of directors’ ability to manage the condominium. Necessary repairs go undone. Not enough money is collected to pay for future repairs. Nothing gets accomplished, and the value of the units declines. 

Thursday 3 October 2013

B.C., Alberta lead country in savviest and richest investors

The old directional adage "Go West young man" seems to be truer today than ever and is no longer restricted just to men. A couple of recent BMO Bank of Montreal studies show that British Columbia and Alberta are home to some of the savviest and highest net worth investors in the country.

Wednesday 2 October 2013

Prime property prices in Dubai up by almost 12% so far in 2013

Image Prime residential property prices in Dubai have been rising since the beginning of 2012 and have increased by 11.9% in 2013 so far, according to the latest index.