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Fears of Real Estate Bubble in Vancouver Are Apparently Overrated

By Allison Halliday | May 18, 2012
There has been a lot in the news recently about the possibility of a real estate bubble in the Canadian housing market, with Finance Minister Jim Flaherty warning that Canadians are taking on too much debt and that they could face problems once interest rates begin to rise.
International, Real Estate, US Real Estate

Average Canadian Home Costs Slightly More Than a Year Ago

By Allison Halliday | May 16, 2012
A report in the Globe and Mail shows the average Canadian home now costs slightly more than a year ago, at $375,810. According to figures from the Canadian Real Estate Association, prices are 0.9% higher than a year ago.
International, Real Estate, US Real Estate

Will the Humble ‘HemLoft’ Survive?

By Allison Halliday | April 27, 2012
A tree house in Canada recently hit the headlines, as its builder finally decided to share its existence with a well-known design magazine. Whether or not this was a good idea is somewhat debatable.
International, Real Estate, US Real Estate

BMO and the CREA Recommend House Hunters Plan Ahead

By Allison Halliday | March 19, 2012
With the spring house hunting season just around the corner, BMO Bank of Montréal and The Canadian Real Estate Association are recommending house hunters plan ahead. One of the first things to sort out is a mortgage, and a BMO mortgage specialist can visit you at work or home to help guide you through the […]
International, Real Estate, US Real Estate

Chinese Interest in Canadian Real Estate Is Still Strong

By Allison Halliday | March 1, 2012
Apparently Chinese investors are just as interested in purchasing Canadian real estate, with Toronto and Vancouver still forecast to be top of their list. According to a new report from Colliers International real estate services, around 20% to 40% of investors in these cities are from the Chinese mainland. Vancouver remains a perennial favorite, especially […]
International, Real Estate, US Real Estate

CREA Says Canadian Real Estate Prices Could Increase by up to 9.3% This Year

By Allison Halliday | February 14, 2012
The Canadian Real Estate Association thinks residential property prices could increase by as much as 9.3% this year due to a strong domestic economy and continued interest from international buyers.
International, Real Estate, US Real Estate

Canadian Real Estate Benefits From US Federal Reserve Policy

By Allison Halliday | November 15, 2011
Although the Canadian property market was affected by the global financial crisis, house prices didn't crash, and have now resumed their steady decade-long climb. With US interest rates at a 60 year historic low, the bank of Canada has been forced to keep its interest rates at an even lower level. When you combine these […]
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