Posts Tagged ‘owning a home’

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RBC Economics: Manitoba’s Housing Affordability Stays Relatively Stable


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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 help keep [...]


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RBC: Canadian Homeownership Becomes more Expensive


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The cost of homeownership in Canada has become more expensive in the third quarter according to a report by RBC Economics Research.
Royal Bank of Canada (RBC) noted that this has not happened since the spring of 2008, and that was due to a slight rise in mortgage rates and higher property values.
The RBC index measures [...]


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British Columbia Resale Market Value Increase Due to Improved Housing Affordability


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The rally seen in British Columbia’s (B.C.) resale housing market this spring and summer reflects the significant decline in the costs of owning a home in B.C., according to the latest housing report released by RBC Economics on Sept. 9th.
There have been cumulative declines in homeownership costs over the past 5 quarters have been the [...]


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Questions to Ask Before you Renovate


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Before attempting a home renovation, there are several questions you should be asking yourself.
1. Is the Renovation Practical?
The type of renovations you should not be questioning is maintenance renovations, as they are not a choice as it comes with owning a home and protection your investment. You should be questions lifestyle renovations and some retrofit plans.
Be [...]


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Am I rich yet? … Patience is a virtue!


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For some first time buyers, seeing the value of owning your own home is clouded, in part, by the efforts and costs of buying property.
There are many considerations to study when buying a property and a real estate professional can help you secure “the right property for you”.
Buying property is a long term investment so [...]


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