Canada has emerged as one of the world's strongest economies, having deftly side-stepped the global financial crisis thanks to conservative bank lending policies and strict regulation. With a predicted growth of 6.1 percent, a buoyant residential market and a near full recovery in employment, Canada is likely to be the first of the industrialized nations to return to surplus. See the following article ...
Posted by Tatiana Tisser
on March 21, 2012
Home sales continue to show strength in Florida, and Canadians are doing their fair share, according to a new analysis by the National Association of Realtors.
The strength of the Canadian dollar, lower pricing in the U.S. housing market and perceptions in the Great North that America's economy is rebounding are all driving the buying, the association said.
The NAR's Profile of International ...
Posted by Tatiana Tisser
on March 21, 2012
National resale housing activity in Canada improved in February after having declined in January and increased 1.4% month on month, according to the latest statistics from the Canadian Real Estate Association (CREA).
Actual, not seasonally adjusted, activity was up 8.6% from February 2011 levels and the number of newly listed homes climbed 1.9% from January to February. The national sales to new ...
Posted by Tatiana Tisser
on March 20, 2012
OTTAWA — Canada’s government will make it tougher for many homebuyers to get mortgages this year as it grapples with an overheated property market, according to analysts in a Reuters poll, who also ruled out the prospect that prices could suddenly crash.
Ten of 14 economists and strategists surveyed last week in Reuters’ first poll on the Canadian housing sector answered “yes” ...
Posted by Tatiana Tisser
on February 21, 2012
It’s an old adage that if you want something done right, you do it yourself. But DIY comes with its own set of pros and cons, and each should be weighed carefully.
When it comes to selling real estate yourself, the cons can include liability risks. Often such risks are unintentional oversights, but it doesn’t change the consequences. Working with a REALTOR® can help reduce these risks. ...
Posted by Tatiana Tisser
on February 12, 2012
A mild winter and lack of snow in parts of Ontario seems to have had a positive effect on vacation property sales, real estate agents say.
With the exception of this weekend, there's virtually no snow in the Greater Toronto Area and that appears to have people thinking about summer and a getaway north of the city.
Huntsville real estate agent Susan Brown said she's sold four cottages ...
Posted by Tatiana Tisser
on February 12, 2012
(Reuters) - For decades, the two-island nation of St. Kitts and Nevis exported sugarcane to keep its economy afloat. When sugar prices fell, St. Kitts began to sell an even sweeter commodity: its citizenship.
For $250,000, a foreigner can buy full rights as a citizen there. The transaction can take as few as three months and applicants need never visit the nation's sandy shores.
The allure? ...
Posted by Tatiana Tisser
on February 12, 2012
Price increases in three major Canadian housing markets pushed the Canadian Real Estate Association's home price index higher in January following declines in each of the two previous months.
The index rose 0.27 per cent from December, driven by stronger results in Montreal, Toronto and Vancouver.
The gains were offset by softer sales in Calgary and B.C.'s Fraser Valley region, the other two markets ...
Posted by Tatiana Tisser
on February 7, 2012
TORONTO, March 30 (Reuters) - Canadian resale home prices rose for a second straight month in January, led by gains in the Vancouver area, according to a report on Wednesday.
The Teranet-National Bank Composite House Price Index, which measures price changes for repeat sales of single-family homes in six metropolitan areas, showed overall prices were up 0.4 percent in January from December.
Posted by Tatiana Tisser
on April 1, 2011