Blog by The Schacter Team
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Buyers Market in Vancouver
August 25th, 2010HST cooling housing market: Realtors
August 5th, 2010
Garry Marr, Financial
Post
· Thursday, Aug. 5, 2010
TORONTO -- Almost half of its real estate agents say the main
reason for the cooling housing market is the harmonized sales
tax, according to a survey from Royal LePage Real Estate
Services.
The company conducted an online-only poll of its realtors at the end of July - almost a month after the HST went into affec ...
Government introduces greater flexibility in renting
August 3rd, 2010New Langley homes will be more competitive
July 16th, 2010Published:
July 01, 2010
2:00 AM
The Fraser Valley will offer buyers of new homes savings, now that
the Harmonized Sales Tax (HST) has gone into effect, according to
the Fraser Valley Real Estate Board.
Deanna Horn, board president, said "Since the majority of new townhomes and apartments, as well as select, new single-family homes in our region sell for less than $525,000, the new housing ...
National Housing Price Index up for 11th straight month
July 8th, 2010
OTTAWA - Housing prices rose for the eleventh straight month in
May, advancing 0.3 per cent compared to the month before and in
line with analyst expectations, Statistics Canada reported
Thursday.
The gains were led by Regina, where prices advanced 3.4 per cent, and Toronto and Oshawa, where prices rose 0.7 per cent.
Prices fell in Kitchene ...
Real estate numbers are transitory, but value is forever
July 7th, 2010The only 'news' that matters: the metropolitan population increases 50,000 annually
Real estate news can mean different things to different people. A headline announcing either a dramatic drop or a wild ...
Healthy increase in starts
June 10th, 2010Huge hikes in Vancouver area while national figures falter
Housing starts across the Vancouver area showed healthy increases in May, posting a year-over-year jump of 150 per cent, according to Canada Mortgage and Hous ...
Banks See A 2.75% Rate Hike In 19 Months
April 15th, 2010
Canadian Mortgage
Trends,
Apr.
10 '10
Businessman Consulting Glowing Crystal Ball Economists at the Big 5
banks worked overtime this week, polishing their rate forecasts and
fielding calls from reporters.
It seemed every major media outlet in the country ran stories on where interest rates are headed.
Here's what the "prophets'" predict rates will do by the end of next year (2011):
* BMO ...
Home prices up by 19%
April 14th, 2010The average house price in B.C. climbed 19 per cent to $504,312 in the first quarter of this year from the same period in 2009, the B.C. Real Estate Association said. Residential sales across the province on the Multiple Listing Service system rose 64 per cent to 18,284 units during this period, it said Tuesday.
Assoc ...