Share Canada Mortgage and Housing Corporation (CMHC) announced 22 new grants to improve housing affordability got Canadians. These grants total $99,700 and shall be awarded under CMHC’s Affordability and Choice Today (ACT) Initiative. ACT has been in operation since 1990, and it provides grants of up to $5,000 to teams of municipalities and private or [...]
Share Quebec’s homeownership costs were pushed upward for the first time in more than a year during the third quarter of 2009 due to an invigorated housing market noted the latest quarterly housing report released on November 25th, 2009 by RBC Economics. The RBC Affordability measure for Quebec captures the proportion of pre-tax household income [...]
Share Manitoba’s housing market remains relatively affordable despite a rise in homeownership costs for the first time since 2008, according to the latest quarterly housing report released on November 25th, 2009 by RBC Economics. The report by RBC Economics noted that the expected resurgence in Manitoba’s economy, along with an upswing in job growth should [...]
Share Pushed by a stronger housing resale activity, the cost of owning a home in Saskatchewan became slightly more expensive in the third quarter, according to the latest housing report released on November 25th, 2009 by RBC Economics Research. Robert Hogue, senior economist at RBC noted that with steady and substantial improvements over the past [...]
Share People who are looking to relocate to Vancouver have to be willing to put down a good bit of money. According to a survey by Coldwell Banker, the average 2,200 square foot, move up home in the downtown core is $1,262,000. Vancouver came in the tenth spot in the annual comparison of executive homes [...]
Share There have been moderate changes in Manitoba’s housing affordability over the second quarter. It suggests that it is at a turning point, according to the latest housing report which was released on September 9th by RBC Economics. Senior Economist at RBC, Robert Hogue noted that the resale activity ramped up in the spring and [...]
Share On September 9th, RBC Economics released its latest housing report which revealed that Housing Affordability has improved considerably in Saskatchewan since early last year as the RBC Affordability measures improve once more in the 2nd quarter between 0.4% – 1.4%. Affordability measures retreated since their peak in early last year, as a result, homebuyers [...]
