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For several years now I have been advocating that the Canadian real estate market was not behaving in correlation with the US market and that there was no bubble to burst here. Gloom and doom reporters have been trying their best to falsely create this situation here in Canada, to no avail.
I believe this reporter sums up the reality of the ...
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Engine behind the country's housing boom has been increasingly leveraged first-time buyersTAVIA GRANT
Wednesday, April 23, 2008 Canada may not have the sizable subprime market of the U.S., but the engine behind the country's housing boom has been increasingly leveraged first-time buyers.
Legions of first-timers are adding years of ...
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The Bank of Canada cut its benchmark interest rate on Tuesday by a half-percentage point to 3 percent, as expected, and signaled that further easing was required but suggested it might pause before cutting again.First time buyer's, those re-mortgaging and those still considering adding to their mortgage amounts will all feel some ease ...
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Yet another viewpoint on the comparisons between the US and Canada with regards to the the relationship between real estate and the financial sector.Enjoy ... Canadians have so far dodged the severe credit woes gripping the U.S., where the collapse of the mortgage market has triggered rising delinquency and foreclosure rates and left households ...
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