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We’re all pretty familiar with at least some parts of Vancouver, now. After hosting the Olympic Games in February, Canada’s attention was focused on the country’s third largest for two solid weeks.
But although we enjoyed the stunning views and the thrilling medal wins, how much do we really know about Vancouver? And if you were [...]
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The Olympic Games were exciting for most Canadians – I’m sure we’ll still be talking about Sidney Crosby’s goal in years to come. But with the glow from the Olympic games beginning to fade, questions are beginning to arise about the Games’ lasting effect on Vancouver. Specificially, from a real estate perspective, the question that [...]
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Affordability levels in Manitoba remained in line with the long term averages, as provincial real estate activity picked up over the remaining months of 2009 according to the latest report released by RBC Economics.
The RBC Affordability measures for Manitoba, which capture the proportion of pre-tax household income needed to service the costs of owning a [...]
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Although the most recent Federal budget announcements were mostly met with approval by housing industry analysts, there were concerns that some calls to make housing more affordable were not heeded by Flaherty.
For instance, while the budget retained the first time homebuyers tax credit and the new ceiling on the amount homebuyers can pull from their [...]
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With the change coming to the housing market, home buyers might begin to find themselves looking at less expensive houses in order to purchase a home according to the new rules.
What might happen as we are nearing the period when interest rates rise, we will see Canadians stretching their budget; however what happens is that [...]
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Ottawa’s tighter mortgage rules, with a new harmonized sales tax in Ontario and impending rate increases should slow the Canadian housing market in the second half of the year, taking away any fears of a housing bubble notes analysts.
The Canadian Real Estate Association (CREA) reported Wednesday that resale home sales across Canada dropped 2.8% in [...]
