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…
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…
Toronto, Vancouver and Calgary have released their statistics for the first month of 2013. Those in the real estate business know that January is perhaps the slowest month of the year. Add the unusually cold weather this winter and you…
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…
Information is power. It saves time, it helps make a sound decision and reduces the moments of frustration, when you are confronted with a problem. To say that there is not enough information for home buyers would be grossly inaccurate. …
Houses-for-sale internet sites is the first place people go to when searching for a home. So what’s wrong with that? Nothing. You save time and money. In one hour you can flip through so many houses, that it would take…
CAAMP (The Canadian Association of Accredited Mortgage Professionals) released their annual survey of the mortgage industry in Canada. Authored by Will Dunning, the CAAMP’s chief economist, the report paints a detailed picture of the our mortgage industry. Pouring through the…
Buyer’s vs. Seller’s Market There is a lot of talk in the media: ‘Sky is falling in Canadian Real Estate’. The market is going to ‘crash’, etc, etc. The consensus is that the Canadian economy and bank system are more…
The most common question in the history of real estate. Everyone wants to know, so I’ll tell you…It’s great! As great as you want it to be that is… Being an investor or any type of home buyer takes patience…
Toronto real estate market: August marked a deep decline in the number of sold homes, but the price keeps climbing… High household debt keeps economists talking about the lurking danger to the Canadian economy. The credit agency, Moody, said…
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…