Tagged: Low Interest Rates

10 Reasons to Buy a Home

10 Reasons to Buy a Home

If you are still unsure, however, whether or not homeownership is the move for you, be sure to read these ten reasons to buy.

Housing market to see ‘greater stability’

Housing market to see ‘greater stability’

Not a single Canadian city will see house prices fall in 2011, according to a market forecast by Re/Max, as low inventories prop up prices.

Is now a good time to buy a home?

Is now a good time to buy a home?

If you’re tired of renting and have always wanted a home you could call your own, but thought the opportunity was just beyond your reach because of economic factors, here are some things to consider if you are thinking about taking the home ownership plunge.

Canadian mortgage debt tops $1-trillion for first time

Canadian mortgage debt tops $1-trillion for first time

The Canadian residential mortgage market crossed the $1-trillion threshold for the first time this year as higher prices forced many to borrow heavily to finance their new homes and low interest rates encouraged many more to refinance.

Home sales remain steady in Greater Vancouver

Home sales remain steady in Greater Vancouver

Greater Vancouver home sales have remained steady over the past four months, indicating stability in the residential housing market. With the MLS sales to active listing inventory ratio indicating a buyers’ market, properties appropriately priced are selling.

House price or interest rate: Which is more important?

House price or interest rate: Which is more important?

Two housing market shifts encourage potential homebuyers to call real estate agents: drops in housing prices and low interest rates. But deciding which factor is more important than the other can make a difference in monthly payments, the ability to move if your home value drops and HOA fees.

Canadian housing prices indicative of balanced housing market

Canadian housing prices indicative of balanced housing market

Canada’s housing market, while no longer red-hot, remains on steady ground, according to a report by Royal LePage.

Housing market factors indicate stability in recent months

Housing market factors indicate stability in recent months

September home sales in Greater Vancouver were consistent with activity experienced in the preceding two months across most categories.

Buyer’s market conditions continue in Greater Vancouver

Buyer’s market conditions continue in Greater Vancouver

Conditions in the Greater Vancouver housing market continued to favour buyers in August. Since April, prices have edged down slightly as the number of sales and the number of properties coming on to the market have been declining.

The Real Estate Board of Greater Vancouver (REBGV) reports that the number of residential property sales in Greater Vancouver totalled 2,202 in August 2010. This represents a 36 per cent decline from the 3,441 sales in August 2009, the second highest selling August ever recorded, and a 2.4 per cent decline compared to July 2010.