New Homes Drop in Size in the U.S.
In the U.S., for the first time in 27 years, the average size of a new home has dropped, according to the National Association of Home Builders. The square footage of an average home dropped from 2,520 to 2,480 in 2009. This is the first fall in size since 1982.
The reason for this drop in [...]
EQuilibrium Housing Demontration Initiative Goals
Recently on RealtyKitchen.com you will find articles pertaining to the EQuilibrium Housing Demonstration Initiative. They particularly talk about what it consist of and what has happened so far.
What you will find today is what goals of EQuilibrium Initiative are and how it will better Canadian Housing for the future.
The first goal is to develop a [...]
Don’t Take Your Realtor® For Granted!
Before I got into real estate sales, I use to think that a Real Estate Sales Representative was a well dressed, person who made a lot of money showing people homes and doing well, I don’t know, what else did they do? Now that the shoe is on the other foot, I see things quite [...]
OREA Says Harmonized Taxes Will Cost $2,000 per Sale
The Ontario Real Estate Association (OREA) says the provincial government’s plan to harmonize the GST and PST will add over $2,000 to the cost of a real estate transaction, hurting the resale home market and prolonging the housing industry’s recovery from the current economic downturn.
“Now is not the time to be erecting barriers to homeownership,” [...]
Government Imposed Costs Contribute to High House Prices
Government-imposed costs on new single-detached houses in Calgary remain among the lowest across the country as a percentage of the selling price.
The latest numbers, released in a report by Altus Group Economic Consulting, commissioned for Canada Mortgage and Housing Corporation, reveal that Calgarians pay 7.9% of the cost of their new home to government, the [...]
Canada’s Government Introduces Financial Help for First-Time Home Buyers
Ottawa, Ontario, February 2, 2009… The Honourable Jean-Pierre Blackburn, Minister of National Revenue and Minister John Baird, Canada’s Minister of Infrastructure, Transportation and Communities and Member of Parliament for Ottawa West – Nepean, highlighted key initiatives from Budget 2009: Canada’s Economic Action Plan that will benefit first-time home buyers.
Canada’s Economic Action Plan supports the [...]



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