Posts Tagged ‘Economy’

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Low Rates Will Not Last

Share The Bank of Canada Governor Mark Carney is warning homebuyers against taking too much debt because the low interest rates will not be around forever. After releasing his quarterly economic review, Carney noted that people should be managing their finances in preparation for rates to return to a more normal level. Rates, as we [...]


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GTA Home Sales Higher in September

Share Existing home sales in the Toronto area show a 28% increase in September compared to the year before, according to the figures released on Monday, by the Toronto Real Estate Board (TREB). TREB notes that 8,196 homes have traded hands during the month. As you can see in the graph above, it was a [...]


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British Columbia Partnership for Social Housing Renovations

Share The Government of Canada and Government of British Columbia have announced on October 14th 101 renovation and retrofit projects totalling $177 million. This is cost shared under the Housing Renovation Partnership, a jointly funded program to renovate and retrofit social housing over the next two years; this will be creating an estimated 1,130 jobs. [...]


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What is the Moose Jaw Multiplex?

Share A current project occurring within Moose Jaw is the Multiplex project. Most people might already be informed of it; however there might be some people out there who have no idea what it is about. For that reason alone, I will be discussing what the Moose Jaw Multiplex project is about. The Multiplex project [...]


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House Funding Boosted in Alberta

Share The Government of Canada and the Government of Alberta are partnering on a joint investment. This investment is to build new and renovate housing to make it more affordable. From this investment, jobs will be creating, further strengthening the economy and improve the quality of life for residents of Alberta. Alberta Affordable Housing Program [...]


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Medicine Hat Downtown Deal No More

Share The on again and off again condo project in Medicine Hat is down again, and this time, for good. Despite the recovery deal that was supposed to give new life into Medicine Hat downtown core, however the plug has been pulled and the development lauded as the centrepiece of an improved Medicine Hat is [...]


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Mid-Month Report: TREB reports 27% increase in sales from previous Year

Share A couple of weeks ago, I wrote that the Toronto Real Estate Board reported the BEST JUNE ON RECORD in terms of sales.  The Toronto Real Estate Board has just released a Press Release with the numbers for the first 2 weeks of July – and we GTA REALTORS(R) are on course for reporting [...]


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