The answer would be NO. However, certain facts surrounding the construction industry that surfaced lately in the media, are hard to ignore. Building houses is a lucrative business and there is a fierce competition. The small players go out of…
Polls
The Canadian mortgage market
by Vasko DeLev • • 0 Comments
A sober recapitulation Just released report by Will Dunning, the Chief Economist of Canadian Association of Accredited Mortgage Professionals (CAAMP), sheds light on the state of the mortgage business in 2011. Titled “Confidence in the Canadian Mortgage Market” the report…
What’s your builder’s profit margin?
by Vasko DeLev • • 0 Comments
Do higher home prices translate into higher profit for the construction companies? I’ve been always curious what does a builder make from selling a new home. There must be lots of variables here like location, the size of the home,…