Prices Drop on Canadian Homes in March
The fact that the average price of a home in Canada fell slightly in March should be good news to those still thinking that Canada is in a housing bubble. But, while mortgages in smaller cities (such as Sudbury mortgages) may be going down, the stats are still slightly skewed by those major Canadian cities…
Read moreIt’s All About Girl Power in Toronto!
As you walk down the Toronto sidewalks you’ll see just as many women these days hustling about in their business suits and texting and talking away on cell phones. But women have done more than just show that they can dominate the business world just as well as their male counterparts – they’ve taken over…
Read moreMark Carney Concerned about some of Canada’s Condo Markets
Bank of Canada governor, Mark Carney, had a busy week this week. First he announced that the Bank would keep interest rates at their historic lows – for now; also saying that given improvements in the Canadian and global economies, the Bank will most likely start to raise them sooner than expected. Then on Thursday…
Read moreWhich Provinces are Most and Least Likely to Participate in Bidding Wars?
No one wants to be caught in a bidding war when they’re trying to buy their dream home. As the price of the home increases with each offer, so does the level of frustration on the part of the buyers trying to win the war. But according to a new BMO Home Buying Report that…
Read moreAtlantic Canada not Gobbling Up Condos like Rest of Country
While the TD Canada Trust 2012 Condo Poll (a survey we talked about just this morning) showed some interesting results about how Canadians think condo living is worth the fees that come along with it, there’s one area of the country that’s not falling under the condo’s spell – and that’s Atlantic Canada. While condo…
Read moreLarge Majority of Condo Owners say Extra Fees are Worth It
Condos are pretty cute little things; and usually, pretty modern too. These are just two of the features that condo owners or soon-to-be condo owners love about these multi-unit dwellings. But what about the worst feature that comes with every condo unit – the fees? While condo owners obviously don’t love them, a new report…
Read moreOttawa Housing Starts Down, but Still Going Strong
Those who are looking for an Ottawa mortgage on a brand new house might find that there are fewer pickings than there have been in the past year. The good news is, considering that the past year has shown record starts, the numbers in the nation’s capital are still very good! According to a report…
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