604homesblog

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 Euro-zone continues to weigh heavily on the Bank's ...

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 lender cash-back incentives." They advertise this product as having the following ...

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 money and effort goes toward helping local shelters and supporting violence-prevention programs. ...

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 market vs. the U.S. They authors break down the differences into four categories which ...

 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 deserve a review, or a link) there are no signs of a great Canadian real estate ...

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. There is no equivalent in the U.S. and possibley not any where else in the world. In this US ...

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 news than down, well not always, but in this case... As we all know the Vancouver real estate ...

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 where you would expect to find Boardwalk, and Toronto goes into the magenta group. ...

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 REALTOR®