A few reports lately paint a glorious picture of Calgary. It is a prosperous city, with booming housing and high income earners. What else do you need? Calgary is second only to Paris after posting its best ranking ever in…
Real Estate
First time home buyers rely on big down payment
by News Feed • • 0 Comments
These statistics are surprising. The first time home buyer is not any more the one who hardly can scrape 5% down. The average first-time home buyer in Canada is 29 years old and expects to be able to pay a…
Montreal: Housing falling off the cliff?
by Vasko DeLev • • 1 Comment
If anyone is talking about inflated home prices, Vancouver, Toronto and Calgary are the names of the cities thrown around. A few days ago, however, Ben Rabidoux published a report on the health of the Canadian housing market and unveils…
Up or Down?
by Vasko DeLev • • 0 Comments
Recently a friend of my was laid off from her management position in the retail sector. Two weeks later her husband lost his government job. Wow! Both, however, sound upbeat saying “No problem… we will relax for a few weeks…
Who said real estate in BC is too expensive?
by Vasko DeLev • • 0 Comments
Everybody says so! Of course, Vancouver is pricey. But still there are homes in BC for sale even under $100K. Vancouver Sun did a simple search on Realtor.ca for cheap homes and came out with 14 homes. The Canadian Real…
Squeaky clean home does not mean squeaky clean air
by Ivan Delev • • 0 Comments
Recently I watched a well-made French documentary. The program clarified some of the latest research related to the sources of indoor air pollution and its effect on our health. If you take a brief glance at the World Health Organization…
What is happening with the Canadian real estate?
by Vasko DeLev • • 1 Comment
The main story is that sales are dropping. Home buyers are hesitating, or just waiting for the spring to enter the market. CREA reported a Canada wide decrease in sales by almost 16% compared to a year ago, even as…
Condo: Is it your cup of tea?
by Vasko DeLev • • 0 Comments
Twenty years ago condos did not have the same appeal as they have now. Modern design and sleek marketing campaigns are pushing condos these days as the ultimate choice for young professionals and retired couples. After all, there is certain…
Sell Canada, Buy Japan
by Vasko DeLev • • 0 Comments
Everyone is an expert these days. Just mention “housing” and you will hear all kinds of forecasts and wild prognosis. It will go up, it will go down, it will stay flat… You will hear countless of variations. There are,…
Worth reading
by Vasko DeLev • • 0 Comments
2012 RRSP: Two more days to act If you have not done anything so far for your RRSP, you have only two more days to act. What to do with your RRSP money is a matter of personal decision, but…