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Here is the release from BCREA Economics Now: Bank of Canada Interest Rate Announcement - October 25, 2011 As was universally anticipated, the Bank of Canada opted to hold its target overnight rate at 1 per cent this morning. Ongoing uncertainty in the
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The Canada Mortgage and Housing Corportation, or CMHC, is now offering another down payment option to Canadian home buyers. This product, called Flex Down, offers buyers a "wider range of sources for their down payment such as borrowed funds and
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Royal LePage's corporate charity is the Shelter Foundation which ... is the largest public foundation in Canada dedicated exclusively to ending violence against women and children. Royal LePage pays the costs of administration so that 100% of all
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This morning my broker emailed me an article from a Scotia Bank newsletter. The title of the article is "Canada's Mortgage Market is NOT like the U.S." and I found it very interesting to see the fundamental differences in our Canadian mortgage
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Wow it seems like some people somewhere think there is money in the Canadian web 2.0 real estate hills, but me, I don't get it. The examples are there in the U.S. with trulia and zillow but with zoocasa and househunting.ca (which is so bad it doesn't
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Canada has a new real estate search site and honestly I am not sure if we need one. Canada is VERY lucky to have a place in mls.ca (soon/eventually to disappear) and realtor.ca where you can find virtually every property for sale on the MLS in Canada.
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The day started off with some pretty good new in my inbox with an email from RBC letting me know that housing starts were up in August. As I have mentioned before I don't think monthly housing starts are too useful anyways, but up is always better
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As I mentionned a few months ago Vancouver was is the running to make it onto board of Monopoly Here and Now: The World Edition. As it turns out Vancouver, Montreal and Toronto all made it onto the board. Vancouver goes in the orange group, Montreal goes
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Vancouver real estate agent, blogger and friend of mine Larry Yatkowsky was mentionned in the Globe and Mail's Report on Business yesterday.Congratulations Larry! Larry is a great writer, go and check out his blog here . Matthew Collinge: Vancouver
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Last time the Bank of Canada (BOC) was expected to drop the overnight interest rate they did not . This time they were expected to leave it where it was at, and they did. Siting Three major developments are affecting the Canadian economy: the protracted
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I was pretty busy last week and didn't get the posts out about the big news that the 40 year mortgages and 0% down option will be eliminated on October 15th, 2008. I don't have too much to add to the discou rse on this. I have not worked with
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No time to write much about it (I'll update this later), but realtor.ca is now live. Go check it out! Matthew Collinge: Vancouver REALTOR®
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No time for any commentary on this today, but I thought you'd be interested. Everything below is from RBC Economics' monthly Economics Digest . You can comment below. ------ Housing market froth finally evaporating After yet another blockbuster
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Well, starting June 23rd, this form and ALL the info it asks for will be required by law in Canada for all real estate transactions. This is part of the Proceeds of Crime Money (Money Laundering) and Terrorist Financing Act which I am guessing was passed
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Straight from my Daily Economic Update from RBC (I wish they would quote the source of the stats. Maybe it is RBC itself.): The new housing price index was flat in April with the annual pace of increase slowing to 5.2% down from 6.1% in March. The house-only
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