More Than A Promise To Sell Your Home

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 ...

CIBC Work Markets released a report this week forecasting 100 bps of Bank of Canada rate increases by the end of next year, which would essentially take back most of the rate cuts we have seen this year. This has implications for potential borrowers who may be less willing to take on risk or a little stretched in their debt coverage ...

CIBC Work Markets released a report this week forecasting 100 bps of Bank of Canada rate increases by the end of next year, which would essentially take back most of the rate cuts we have seen this year. This has implications for potential borrowers who may be less willing to take on risk or a little stretched in their debt coverage ...

Some positive news from south of the border that may calm some of the unfounded fears of a real estate related crash that the Canadian media has been implanting in Canadian consumers for months now.    JEANNINE AVERSA and MARTIN CRUTSINGER Wednesday, May 07, 2008 WASHINGTON — The worst of the credit crisis may ...

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 ...

Further to the local real estate market statistics posted here yesterday, a Royal LePage Real Estate Services' House Price Survey reports that home-price increases moderated in the first quarter, but remained solid due to a strong economy, high immigration levels, and relatively low interest rates. In Toronto, Canada's largest ...

March statistics are now published for the Oakville/Milton real estate market.  With a full quarter of 2008 statistics now available for analysis it would appear that to date we could safely say the Oakville/Milton real estate market remains healthy, perhaps not frothy, but certainly healthy.  Units sold are up slightly from this ...

Today's market may not appear to present the same level of sizzle as demonstrated a year or so ago however the froth has not disappeared altogether . We’ve been involved in several multiple offer situations since the new year, particularily in the $300K to $400K price range and strange enough in the $1M+ price range. So ...