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Homes Sales Dependent on Low Interest Rates

Feb 10, 2010 8:30 -

The Canadian Real Estate Association (CREA) has revised its forecast for home sales for the year bringing it upward, and it is now citing better economic conditions.
CREA forecasts 527,300 sales this year, up 13.3% from 2009 levels. The previous forecast called for a 7% increase. The national average home price is forecast to rise 5.4% [...]

CMHC Reports January Starts Continue to Rise

Feb 8, 2010 17:47 -

The Canada Mortgage and Housing Corporation (CMHC) released its January 2010 housing start data today that suggests that Canada is returning to a more healthy economic footing.
In January 2010, the seasonally adjusted annual rate for new home construction was 186,300 units. This is slightly up from the December 2009 rate of 176,100 units. The revised [...]

New Homes or Resale Homes Part 3

Aug 27, 2009 10:48 -

This will be the last section to this series, to recap; I touched upon Location, Amenities, Size, Technology, Efficiency, and Maintenance.
Interiors
New homes are literally like a blank slate. You pick everything, from paint colors, flooring, window coverings, cabinetry, etc. You customize everything to your heart’s desire, and within your budget.
Resale homes can either do it [...]

New Homes or Resale Homes Part 2

Aug 26, 2009 11:50 -

Continuing the series, I will get into further detail on what you should consider when purchasing a home.
Last time I spoke about three points to consider, Location, Size and Amenities.
Here are a few more considerations you should be taking before you settle on a house to buy.
Technology
In New homes you will find yourself in a [...]

 

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