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Author Archives: Zenar
CMHC sees stability in housing market
Canada’s hot housing market is due for a soft landing that stabilizes prices, sales and new construction over the next two years, the Canada Mortgage and Housing Corp. said Monday. The national housing agency’s first-quarter 2012 report appears to underplay … Continue reading
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Banks pull back on low rate mortgages
Canada’s major banks pulled back on historic-low mortgage offers this week by raising their posted rates. But that doesn’t mean the deep discounting seen over the last month has necessarily ended. Several of the banks are still unofficially offering deep … Continue reading
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House prices dip, but no crash in sight
Toronto house sales are slowing, but economists are not predicting a crash in the real-estate market. The latest statistics from the Canadian Real Estate Association, released Monday, show that Toronto house prices dipped about 2.4 per cent in December over … Continue reading
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Lower Fixed Mortgage Rates Expected as Lenders Fight for Business
Canadian consumers could see lower fixed mortgage rates this month as competition heats up and lenders look to build their mortgage pipeline for the year, says RateSupermarket.ca’s Mortgage Rate Outlook Panel for January 2012. via Lower Fixed Mortgage Rates Expected … Continue reading
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Canadian home prices will rise again in 2012, but slower than last year: LePage
Canadian home prices will continue to go up in 2012, although at a slower pace than they did last year, according to one of the country’s largest real-estate sales organizations. Royal LePage, which franchises brokerages across the country, predicted Thursday … Continue reading
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10 Things To Keep In Mind When Buying A House
Buying a home is a trying and complicated process. It often strains relationships and puts an enormous amount of stress on buyers physically, mentally and financially. That’s why the folks at the Boston Globe have put together this list of … Continue reading
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Two Thirds of Homeowners Don’t Shop at Renewal
The below is an article that I came across based on a research study done by Manulife Bank. The study shows that many people are willing to pay more on their mortgages. Survey Details: The Manulife Bank of Canada polled … Continue reading
Canadian real estate in the “middle of the pack” globally
Canada’s housing market is maintaining a strong presence and in the 13th year of a housing boom, average prices for homes in many Canadian cities continue to rise, according to a new report on global real estate trends. The report … Continue reading
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Toronto real estate market favours sellers
Canadian housing numbers released Thursday suggest that the market is getting tight and inching closer to a sellers’ market as sales and prices jumped again in November. Figures released by The Canadian Real Estate Association (CREA) shows that sales activity … Continue reading
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Buying a Home? CMHC Offers Range of Tips and Resources
Buying a home is one of the biggest financial decisions you will make. Canada Mortgage and Housing Corporation CMHC offers a variety of publications, calculators and tools to help you make informed and responsible homebuying decisions. To assist you in … Continue reading
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