Don’t listen to the naysayers, says the Conference Board of Canada, a double-dip isn’t in the cards.
Dire warnings of a return to recession fail to recognize one key factor, the board said: a slow recovery from this recession was expected.
Housing prices rose for the 15th straight month in July, but by the smallest margin in four months, according to a national index released Wednesday.
And for the first time in four months, prices failed to rise above the previous month’s in all of the six metropolitan areas measured in the Teranet-National Bank house price index.
September home sales in Greater Vancouver were consistent with activity experienced in the preceding two months across most categories.
Vancouver is one of five metropolitan areas in Canada that recorded sharp year-over-year increases in housing starts in August, according to figures released Tuesday by the Conference Board of Canada.
The Fight HST campaign will throw down another gauntlet Monday, as it spells out how the B.C. government can head off an effort to recall MLAs – and which elected representatives it will target if the governing Liberals do not accede to its demands.
Residents of a 21-storey condo in downtown Vancouver hope to find out soon when their homes will be safe again.
Hundreds were evacuated from the building late Friday, but returned a few hours later when smoke from a renovation project was cleared and a specialist in building hygiene issued the all-clear.
To understand the housing market and where it’s headed, it’s a good idea to take a close look at the big banks.
As providers of more than 60% of home loans in Canada they are major players, determining everything from who gets to be a buyer to what people can afford to pay.
Construction employment in the Lower Mainland-Southwest region decreased in August, according to Vancouver Regional Construction Association’s (VRCA) analysis of today’s Labour Force Survey from Statistics Canada.
So much for the housing market being crushed by rising interest rates.
The Bank of Canada cranked up its trendsetting overnight rate for the third time in four months on Wednesday and the impact will be felt by a wide range of borrowers. But home buyers? Not so much.
