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Canada Building Permits Fall to Lowest in Seven Years

Theophilos Argitis Bloomberg 06.04.2009

The data deficit in real estate

Globe and Mail 06.04.2009
Canada Building Permits Fall to Lowest in Seven Years

Canadian building permits declined for a fifth straight month in February, the longest streak since 1990, led by fewer plans for commercial and government construction

The data deficit in real estate

Transparency would be an asset of great value to Canada as the country faces perplexing policy issues on home ownership and mortgage lending in the current recession. As things stand, however, the severity of the problems in question is largely a matter of anecdote and guesswork.

Property insurance: Do you know what's covered?

Gordon Powers MSN Finance 02.04.2009

Moose Jaw Avoids Property Tax Increase

Patrick Book News Talk 650 02.04.2009
Property insurance: Do you know what's covered?

You want to protect the roof over your head and everything under it. Sometimes though, improper insurance coverage get's in the way.

Moose Jaw Avoids Property Tax Increase

The provincial government has saved residents of Moose Jaw from a property tax increase.

No summer place in the cards for many

Derrick Penner The Vancouver Sun 02.04.2009

Cash crunch rescales Calgary's Bow tower

NATHAN VANDERKLIPPE The Globes and Mail 02.04.2009
Sales in many of B.C.’s resort-oriented markets have slowed considerably from 2008, when transaction levels dropped considerably.

Home equity and investment losses sap capital that once poured into B.C. resort homes

Cash crunch rescales Calgary's Bow tower

CALGARY -- The developer building the symbol of Calgary's economic resurgence is scaling back its plans in the wake of the city's suddenly declining fortunes.

Auto, construction pain spreads

HEATHER SCOFFIELD The Globes and Mail 02.04.2009

Finding the upside of the homes market

Ray Turchansky The Vancouver Sun 02.04.2009
Auto, construction pain spreads

Canada's output continues to shrink, but 'milder monthly retreats' are ahead, economist predicts

Finding the upside of the homes market

Government trying to make mortgages easily available while preventing foreclosures

Calgary's industrial RE market to stabilize: Colliers

Mario Toneguzzi, Calgary Herald 01.04.2009

Delek Real Estate loses NIS 1.98b

Globes Online 01.04.2009
Calgary's industrial RE market to stabilize: Colliers

Calgary’s industrial real estate market remains active and is expected to remain stable over the next six to 12 months despite the current global economic turmoil, says a report by Colliers International

Delek Real Estate loses NIS 1.98b

Delek Group Ltd. (TASE: DLEKG) subsidiary Delek Real Estate Ltd. (TASE: DLKR) today published its consolidated financial report for the fourth quarter and full year of 2008. Yitzhak Tshuva's real estate arm posted a net loss of NIS 1.98 billion in 2008, compared with a net profit of NIS 608.7 million in 2007. The net loss attributable to majority shareholders was NIS 1.64 billion in 2008, compared with a net profit attributable to majority shareholders of NIS 308.2 million in 2007.

Homeowners find gold by going green

Denise Deveau, Canwest News Service Financial Post Magazine 31.03.2009

Ontario Cuts Business, Personal Taxes, Sees Deficit

Doug Alexander Bloomberg 30.03.2009
Mark Raes, with son Oliver, discovered he was eligible for a furnace replacement rebate during a home energy audit.

It seems like governments and financial institutions alike are doing what they can to keep homeowners thinking green. From rebate programs to new mortgage offerings, financing a home purchase or renovation can be a wonderful opportunity to cash in on your green intentions.

Ontario Cuts Business, Personal Taxes, Sees Deficit

Ontario plans to cut business and personal income taxes by C$15 billion ($12 billion) over three years in a bid to pull the economy out of recession, leading to the biggest budget shortfall in the province’s history.

Residents seek discounts on property assessments

Unhappy homeowners have until tomorrow to request change

Energy-efficient housing made more affordable

As the price of energy continues to rise, homebuyers are becoming more conscious of the energy efficiency of their potential home. Today, more options exist to buy an energy efficient abode than ever before. The growing demand for energy efficiency has led home-builders to accommodate these requests by building more R-2000 standard homes

Lenders seek Ottawa's aid as thousands risk losing their homes

GREG MCARTHUR AND JACQUIE MCNISH The Globes and Mail 27.03.2009

Commercial vacancy rates creep upwards

Peter Kovessy Ottawa Business Journal 26.03.2009
Lenders seek Ottawa's aid as thousands risk losing their homes

As many as 25,000 Canadian homeowners who consistently met their mortgage payments could lose their homes unless Ottawa or other financial players help supply capital to the struggling subprime lending market.

Commercial vacancy rates creep upwards

The overall commercial vacancy rate in Ottawa rose to 5.1 per cent in the first quarter of 2009, up from 4.9 per cent a year earlier, according to brokerage firm CB Richard Ellis.

Insurance Bureau of Canada reminds Manitoba residents to protect their belongings: Overland flooding not covered by insurance

With recent forecasts calling for above average spring run-off Insurance Bureau of Canada is reminding Manitoba's homeowners to protect their belongings against overland flooding.

Canada home prices fall 2.4 pct in January

Canadian home prices fell 2.4 percent in January from a year earlier, reinforcing views that the property market was cooling, according to the a report issued on Wednesday.

 
Canada mortgage purchase plan may wind down - CMHC

Canadian banks have less need of a government program to buy up to C$125 billion ($103 billion) in insured mortgages, based on the results of the latest auctions, a senior official at the government's housing agency said on Tuesday.

 
 

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Disclaimer: The information presented and opinions expressed herein are those of the authors and do not necessarily represent the views of Estates Report and/or its partners.