Vancouver – A few more steps in the affordability direction – Greater Vancouver Real Estate Market Update April 2012
Owning a home became more affordable in this country for the second consecutive quarter in the fourth quarter of 2011.
Tagged: RBC
BMO extends 2.99% mortgage offer until April – Metro Vancouver Real Estate News March 2012
The rate wars are over. Oops. Better hold that thought
February housing starts up 24% year-over-year – Metro Vancouver Real Estate Market Update 2012
Canada Mortgage and Housing Corp. (CMHC) reported a 24% increase in housing starts in the Vancouver Census Metropolitan Area (CMA) in February compared with the same month a year ago.
Home affordability eases, but ‘ownership bar’ still high – Vancouver values down from ‘worst levels ever’ – Real Estate Market Update March 2012
Home affordability in Metro Vancouver remains a major problem, but it’s getting a bit better.
Banks move to bump up mortgage rates
Some Canadian banks are hiking their variable mortgage rates, seeking to pump up its profit margins as it becomes evident that interest rates will remain low for some time to come.