Subscribe
Viewing All Posts. 52 Posts Found.
Page: 1 2 3 4 5 6   Previous | Next

Young Canadians increasingly upbeat about home ownership, survey suggests

More young Canadians believe owning a home is a very good investment, according to those who responded to a new RBC home ownership survey. The poll, conducted online between Feb. 4 and 14, found 86 per cent of Canadian respondents aged 25 to 34 believed owning a house or condo is a solid investment. That’s up from 78 per cent in 2013, a year when many believed rising mortgage rates would soon ...

Canadian home sales jump in March as buyers come out of hibernation

Canadian home sales jump in March as buyers come out of hibernation Sales of existing homes in Canada jumped in March from February as the winter deep freeze ended and home buyers started to come back into the market, the Canadian Real Estate Association said on Tuesday. The Canadian Real Estate Association says the number of homes sold last month was up 4.9% compared with the same month last year, ...

REGULATOR SET TO RELEASE NEW MORTGAGE RULES

Globe and Mail Canada's financial regulator is close to releasing a new set of standards for Canada's mortgage insurers, one that the real estate industry is worried may chill the market.  The Office of the Superintendent of Financial Institutions (OSFI) has been working on the guidelines since 2012, after it released a similar set of mortgage-lending standards for banks.  The standard ...

The Spring home-buying season is coming into bloom

Members of the Ottawa Real Estate Board sold 1,126 residential properties in March through the Board's Multiple Listing Service® system, compared with 1,160 in March 2013, a decrease of 2.9 per cent.  "Sales picked up month over month, with 256 more properties switching hands in March than in February," says Randy Oickle, President of the Ottawa Real Estate Board. "That's a 29.7 per cent ...

The Spring home-buying season is coming into Bloom

The Spring does seem to be coming awake. The President of the Ottawa Real Estate Board reports on the March 2014 numbers. The numbers that really had effect is probably the ones on the thermometer. Now that the weather is finally moving above zero there may be a fast track to those trying to avoid the increases announced for CMHC fees. So if we take a look at the numbers I think the steady pricing, ...

Don't be fooled into mortgaging your home to buy stocks

Financial Post Investors seem to have completely forgotten about the concept of risk thanks to a prolonged period of ultra-low interest and stock markets setting new highs. In particular, such an environment has a tendency to bring out the worst pieces of investment advice, such as taking out a mortgage to buy stocks. One would think warning signs would flash when non-investment professionals such ...

10 WAYS TO TAKE CARE OF YOUR SEPTIC SYSTEM

A suffering septic system can be costly to you and the environment. Here's how to keep yours in good shape By Emma Woolley   THIS MAY HAVE COME FROM THE COTTAGE LIFE.COM SITE BUT IT IS GOOD ADVISE FOR ALL PROPERTY OWNERS WITH SEPTIC SYSTEMS. You don't have to own a cottage to have a septic system. Be aware that rural properties, even estate lots are NOT on city services ...

Lending rates dip for spring!

The spring real estate market is warming up and the banks are already competing for new business.  It has been broadcasted that many lenders are offering 5 year fixed mortgages for less than 3% to qualified home buyers this spring!  What a great oportunity to get into the real estate market. As a Licensed Mortgage Broker and Licensed Realtor, I'm in a unique position to help new home buyers ...

Bidding wars

Real Estate Council aims to ease bidding wars Real Estate Council of Ontario has launched a new public education campaign aimed at curbing bidding wars by warning buyers not to be overly influenced by emotion when purchasing a home. The regulatory body has no plans, however, to probe whether the practices of the realtors it regulates are contributing to the escalating problem of bidding wars, especially ...

Conference Board: Housing market crash unlikely

Conference Board: Housing market crash unlikely The Conference Board isn’t buying the notion that Canada’s housing market will suddenly crumble, saying the most likely outlook is for a modest decline nationally and in some specific markets. The Ottawa-based think-tank argues in a comprehensive new look at real estate in Canada that the conditions for a crash simply don’t exist, despite ...
Viewing All Posts. 52 Posts Found.
Page: 1 2 3 4 5 6   Previous | Next