Filed under: Financial Update, Industry News | Comment (0)
This is a great article that illustrates the effect external factors are having on our real estate markets in major Canadian cities. Overseas investors are snapping up properties in Canada’s largest cities, driving up prices and pushing ordinary Canadians out of the housing market, observers say.
Filed under: Industry News, Mortgage Rates | Comment (0)
By Mary Gazze, The Canadian Press Canada’s national housing agency says it expects home sales and construction activity will cool but remain healthy in the second half of the year, due to favourable economic conditions that push up demand for homes.
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This is a great article by Amy Fontinelle, Buying a home is a very emotional process, but if you allow those emotions to get the best of you, you may fall prey to a number of common home buyer mistakes. Since buying a home has many far-reaching implications – ranging from where you will live [...]
Filed under: Financial Update, Industry News, Mortgage Rates | Comment (0)
TSX -99.13 to 13,183.79 (Reuters) marked its seventh straight loss on Wednesday, falling to its lowest level since early January as fears over the global economy intensified and metal prices weakened. The index closed below its 200-day moving average for the first time since last August — a bearish signal for many investors