Share 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 [...]
Share 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. [...]
Share 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 [...]
Share 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 [...]