Helping homeowners direct...will this avoid foreclosures?
Many people incorrectly believe that all of the bad news about homeowners defaulting on their mortgages mostly relates to the United States. Although there are obviously a lot of people who are losing...
View ArticleWhen Will the Frozen BC Market Finally Defrost?
In this week's Globe and Mail, the title “B.C. Housing Market in Deep Freeze” caught my eye. To me, deep freeze is not such a terrible thing. For example, say I bake a really delicious pie, and I can’t...
View ArticleWho are the super-buyers we can depend on to keep the market afloat?
The general consensus seems to be that the Canadian Real Estate Market is still one of the least disastrous markets worldwide. However, this doesn’t mean that this is a secure market. Sale prices are...
View ArticleWhat Do You Get for $1,000,000?
Imagine a million dollar home.Did you imagine a palatial estate, with sprawling, manicured grounds, a pool and guest house? Or did you think of a glamourous apartment, in the trendiest part of town,...
View ArticleVancouver Housing Affordability Worries Economists
The Royal Bank of Canada has raised serious concerns that for most people housing is simply too expensive in Vancouver. On Monday, RBC released its quarterly report on housing and affordability....
View ArticleCanadian Home Prices Rise, Despite Expectations
The price of a new house in Canada rose slightly, prompting more and more people to worry that Canadian homes may be overvalued. According to Statistics Canada, the housing price rose 0.2% in...
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