Victoria homes buyers, builders, owners and realtors will find out this Friday how the province will move away from the harmonized sales tax. ...
Posted In: Real Estate News
Worried about a housing bubble and burst impacting Canadian real estate markets? Expect a slow cooling suggests a leading bank economist, as markets correct and affordability concerns are addressed. In early January, BMO Capital Markets chief economist Sherry Cooper asserted th...
Posted In: Victoria Real estate
How low can rates go? For many Victoria homeowners and Victoria real estate purchasers, it’s never looked more attractive to lock in their mortgage rate for five years. However, recent news that the U.S. Federal Reserve won’t be hiking rates until the end of 2014 should make ho...
Posted In: Victoria Real estate
Real estate optimism springs eternal in Victoria and this optimism was buoyed by December 2011 sales stats recently released by the Canadian Real Estate Association. According to the association, sales of existing homes in Canada rose 1.8 per cent in December from the previous month, and ...
Posted In: Victoria Real estate
While the real estate market started out sluggish in 2011, by mid-summer unit sales had stabilized. In December, annual sales for single family homes, townhomes and manufactured homes had increased, while condominium sales decreased by 15% compared to December 2010. "This may be the ...
Posted In: Real Estate News