Blog by Graham Kirby
Source: Canada Mortgage and Housing Corporation
After an active 2011, multiple starts are expected to moderate while single starts will level off. For 2011, housing starts came in at 193,950 units. Looking ahead, starts are forecast to be 190,000 for 2012 and 193,800 for 2013.
Sales of ...
Greater Vancouver housing market trends near long-term averages as spring market approaches
Closer alignment between home buyer and seller activity helped bring greater balance to the Greater Vancouver housing market in February.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver reached 2,545 on ...
After several class-action suits and numerous consumer complaints, the federal government has gone some way towards protecting consumers wishing to pay down their mortgage.
Federally regulated financial institutions (Lenders) are now required to clarify their prepayment and penalty terms when a partial or total pay down is requested and must continue to do so on an annual basis.
Whether you are buying or selling, one of the first steps in the process is to check the condition of the Real Estate market as it applies to the purchase or sale of your home. We do this by analyzing MLS statistics.
One of the most important statistics is the sales to active listings ratio (SALR). This will tell you if it is a balanced, seller’s or buyer’s market.
October’s sta ...