Top 3 Findings from the Engel & Völkers Mid-Year 2021 Market Report
- At August 6, 2021
- By Nancy
- In Economy / Infos / Real Estate
Engel & Völkers has released their Canadian mid-year real estate market report, a residential property analysis highlighting notable trends, changing buyer and seller preferences, economic factors, and more. We have put together our top three takeaways from the report that we believe are indicative as to what we can expect from the second half of […]
Read More»What January’s Statistics Can Tell Us About the 2021 Real Estate Market
- At February 5, 2021
- By Nancy
- In Economy / Real Estate
The Ottawa Real Estate Board (OREB) just released the key real estate statistics for January 2021. Even with so much uncertainty around the Canadian economy, one thing has stayed constant: the strength of the Ottawa real estate market. Here are three key findings from OREB’s news release: Home prices remain on the rise. This has […]
Read More»More than 1.4 million boomers across Canada expect to buy a home in the next five years!
- At August 9, 2018
- By Nancy
- In Economy / Infos / Real Estate
A recent article published by Royal LePage advised the following; – 17% of Canadian baby boomers are planning to purchase a new home in the next five years. – 56% of boomers consider their local housing market unaffordable for retirement. – 9% of boomer parents do not expect their kids to move out until after […]
Read More»Sliding interest rates just in time for Spring Buyers
- At March 27, 2014
- By Nancy
- In Economy / Infos
You may recall last year that former finance minister Jim Flaherty quickly intervened when one of the major chartered banks dropped their mortgage rates below 3%. It was an unusual step but not all that surprising when reports over many months from then Bank of Canada Governor, Mark Carney were indicating that Canadian’s were carrying […]
Read More»Mortgage Financing and The Self Employed
- At March 24, 2014
- By Nancy
- In Economy / Infos
Mortgage Financing has become more and more complicated over the last 2 years after new rules were introduced by the nation’s bank regulator in the summer of 2012. According the Marjo Johne in today’s article on mortgages in the Globe and Mail, Guideline B-20 was introduced into the system as part of a more rigorous […]
Read More»How is the Ottawa Real Estate market doing?
- At March 12, 2014
- By Nancy
- In Economy / Real Estate
There is so much information in the press on a regular basis about the Canadian real estate market and how it is behaving. I have read numerous reports about real estate markets in Toronto and Vancouver and as recently as today March 11th, 2014 in the Globe and Mail Report on Business, on the condo […]
Read More»Math makes mortgage management easy
- At March 6, 2014
- By Nancy
- In Economy / Real Estate
Today in the Globe and Mail’s Report on Business, Rob Carrick, the personal finance writer, had some valuable advice for home buyers and created the Real Life Ratio and chart. He argues that when financial institutions award your mortgage financing they do not know necessarily what your future plans look like. Yes, they review with […]
Read More»Economic News & Home Prices
- At February 5, 2014
- By Nancy
- In Economy
Reports about the nation’s economy lately seem to be focused on the topic of inflation or the lack thereof. The Bank of Canada has been aiming to have the annual rate of inflation hit about 2% and we are currently experiencing a rate of 1.2%. This means that prices are not rising at a rate […]
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