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Builders take cautious approach this spring

The Whig Standard 16.04.2009
Atlantic Canada's housing markets resisting downturn but cracks are beginning to show, says RBC Economics

Atlantic Canada's housing markets remain stable against the general housing downturn, but some cracks are finally starting to show according to the latest housing report released today by RBC Economics.

Builders take cautious approach this spring

CONSTRUCTION: Housing starts decline more than 30% in first quarter

Calgary-area rural real estate follows city lower

Mario Toneguzzi, Calgary Herald 16.04.2009

Speed of home building drop surprises economists

Garry Marr The Vancouver Sun 16.04.2009
Calgary-area rural real estate follows city lower

The town and country and rural residential housing market is mirroring what's happening in the city during the first quarter of this year.

Speed of home building drop surprises economists

New home construction fell for the sixth consecutive month in February, a pace even most economists didn’t anticipate. The only bright spot is the sudden contraction could keep prices in check.

Canada Mortgage Rates Not Likely to Fall, Soper Says

Sean B. Pasternak Bloomberg 16.04.2009

Canada's housing market shows signs of life

Jamie Sturgeon Financial Post 16.04.2009
Canada Mortgage Rates Not Likely to Fall, Soper Says

Mortgage rates in Canada, which have plunged by almost 50 percent in the last year, aren’t likely to fall further, said Phil Soper, chief executive officer of Brookfield Real Estate Services Fund.

Canada's housing market shows signs of life

Rock-bottom interest rates combined with some relief from Ottawa to pull the housing market out of its tailspin, industry experts said Wednesday - temporarily, at least.

Auctions to help developers

MYKE THOMAS Calgary Sun 10.04.2009
Canada Mortgage Rates Not Likely to Fall, Soper Says (Update1)

April 14 (Bloomberg) -- Mortgage rates in Canada, which have plunged by almost 50 percent in the last year, aren’t likely to fall further, said Phil Soper, chief executive officer of Brookfield Real Estate Services Fund.

Auctions to help developers

At the height of the Calgary housing boom, sellers entertained multiple offers, builders put wannabe buyers on waiting lists and MLS listings stayed on the market for less than a week.

Office tower market stalling, say real estate giants

Garry Marr The Vancouver Sun 10.04.2009
Office tower market stalling, say real estate giants

Nobody is selling real estate and few are buying it, so how do you value it?

Canadian Real Estate Market Relatively Resilient During First Quarter

Consistent with current economic trends, Canadian residential real estate prices declined during the first quarter, according to a quarterly House Price Survey released today by Royal LePage Real Estate Services Ltd. As the market correction unfolds, year-over-year home prices were lower, as was expected. Increased buyer activity at the end of March suggests that spring will bring its typical increase in unit sales activity as buyers target summer moves.

When a house is not a home

Harold Levy The Star 09.04.2009
When a house is not a home

An 89-year-old man has been left both heartbroken and betrayed after his North York bungalow was stolen from him in the rising wave of title fraud

Alberta budget hikes homeowner's property tax bill

Calgary homeowners will be paying even more in property taxes in the wake of Alberta's deficit budget.

Calgary housing starts plummet

The Calgary Sun 09.04.2009
Commercial real estate executives predict 'very bad year' for their industry

Commercial real estate is in for "a very bad year" characterized by high-profile bankruptcies among commercial property owners, executives say.

Calgary housing starts plummet

Residential construction in Calgary all but evaporated in March as 90% fewer foundations were poured than one year ago.

Canada housing starts jump, but more gloom seen

David Ljunggren Reuters UK 08.04.2009
Canadian housing starts jump in March

Canada's housing starts rose in March, a sign that builders have begun putting more stakes in the ground, according to new statistics released Wednesday.

Canada housing starts jump, but more gloom seen

Canadian housing starts rose an unexpectedly strong 13.7 percent in March, breaking a six-month losing streak, but analysts said the recovery is likely to be temporary.

Housing market shows signs of resiliency

Tony Wong The Star 07.04.2009
Commercial real estate executives predict 'very bad year' for their industry

TORONTO — Commercial real estate is in for "a very bad year" characterized by high-profile bankruptcies among commercial property owners, executives say.

Housing market shows signs of resiliency

There are signs of hope in the Greater Toronto Area for the key spring existing home market as sales have started to recover from a steep sales downturn.

 
Canadian Banks Cut Mortgage Rates

A number of large Canadian banks announced over the weekend a cut on their mortgage rates. The simultaneous reductions took effect Saturday.

 
 

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