First Time Home Buyers Worried About Mortgage Approval
RBC survey reveals that first time home buyers are worried about getting mortgage approval and being able to afford down payment.
Read moreHousing Starts Dip as Real Estate Market Slows Down
Economists say that despite homes being overvalued, larger household debt, and lesser housing starts, Canadian housing market is not at a serious risk.
Read moreCanadian Housing Stats for the Month of May are In
Sales dropped but what does that mean for the average Homebuyer?
Read more‘Conservative’ Canadian Mortgage Marked Praised
Canada’s housing markets have remained robust, avoiding the steep declines in housing prices that have resulted in a continuing wave of foreclosure. The influential Washington Post lauded a more conservative Canadian mortgage market than that in the United States.
Read moreNew US Home Sales Fall Off a Cliff Last Month
Per an Associated Press article in the Globe and Mail, US home sales “collapsed” in May, with sales tumbling a staggering 33%. This is due to the government’s stimulative tax credit – part of the recovery package – expiring.
Read moreCanada Touted as an Uncommon Pillar Of Economic Strength?
Amidst Global Economic Turbulence, Canada Remains Relatively Stable. An article in the Globe and Mail today by Michael Babad touts Canada’s economy as uncommonly stable and sound.
Read moreCanadian Home Owners Experience the Wealth Effect
As Canada Housing Prices Rise So Do Our Spending Habits. Statistics Canada recently revealed that average the average net worth of Canadian households has risen by almost one and a half percent (1.3% to be exact).
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