Share The Frontier Centre for Public Policy released some interesting statistics about Canada’s housing market yesterday. According to their data, Vancouver is the most unaffordable market for homes in Canada, and it also more unaffordable than every other market in the English-speaking world. It ranked even higher than New York and London. The group determines [...]
Share In the latest report by RBC Economics Research, we found that affordability had increased across the country. For the province of Alberta, this is no exception. Affordability has increased, however you can take one positive fact from all of this, and that is the reason for affordability to have increased is due to the [...]
Share Atlantic Canada continues to have the most affordable housing markets in Canada, after experiencing relatively modest increases in homeownership costs during the 3rd quarter noted the latest quarterly housing report released on November 25th, 2009 by RBC Economics. The RBC Affordability measure for Atlantic Canada captures the proportion of pre-tax household income needed to [...]
Share The cost of homeownership in Canada has become more expensive in the third quarter according to a report by RBC Economics Research. Royal Bank of Canada (RBC) noted that this has not happened since the spring of 2008, and that was due to a slight rise in mortgage rates and higher property values. The [...]
Share Global real estate markets are showing tentative signs of growth in stabilizing according to the Global Real Estate Trends report, released on October 1st by Scotia Economics. Scotia Economics believe that the improving sentiment in global residential real estate markets is sustainable. According to the report, the firming of prices is evidence of growing [...]
Share By the end of this year, Toronto home prices are expected to be higher according to a forecast by the Canada Mortgage and Housing Corporation (CMHC). With an improving economy, it means that average home prices will reach $384,120 by the end of 2009, which will be up 1.1% from 2008 noted the federal [...]
Share As you may already know from the previous articles, FlexHousing is the form of housing that involves the best of everything; you can adapt your home to suit your changing needs. Any home can be a FlexHouse; it can be a high-rise condominium, townhouse, or single detached home. FlexHousing is the approach to designing [...]
