Moderate growth eases concern of crash in housing market - Canadian Real Estate Association Canada’s real estate market is growing at a snail’s pace, reinforcing hopes the housing sector will glide to a soft landing instead of crashing. Worries over the economy have dampened demand in some resale housing markets, but the prospect of low interest rates for at least another year is luring buyers and helping create an equilibrium in most parts of the country. Globe and Mail Thu Jan 19 2012 |
Our love affair with home ownership might be doomed Meet Ben Rabidoux. He’s a friend who has been trying to warn Canadians about the love affair we have with home ownership. Mr. Rabidoux is an analyst with M Hanson Advisers, a U.S. research firm that caters to institutional investors. His website, TheEconomicAnalyst.com, provides easy to digest graphs that essentially explain themselves, but he also weaves together a sobering new reality we may soon be facing. Globe and Mail Thu Jan 19 2012 |
Strong market means house prices to rise in major cities - Royal LePage Canada's housing market will continue to be strong this year, with rising property values expected in all major markets, real estate brokerage firm Royal LePage said Thursday. The company's forecast called for prices across to country to rise 2.8 per cent by the end of 2012, after stronger gains last year. Even pricey housing markets in Metro Vancouver and Toronto - where standard two-storey homes averaged $1.1 million and $629,188 .. Vancouver Sun Mon Jan 16 2012 - Moneyville |
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