TORONTO - One of the country's big banking groups has issued a report saying that a cooling in Canadian house prices may not be all bad news.
The CIBC World Markets says the slowing...
Blog & News: News Media Reports
Canadian home sales higher or steady in most major cities in 2012: Vancouver Sun
MISSISSAUGA, Ont. - The latest real estate outlook from ReMax says Canadian home sales increased or held steady in much of the country this year despite tighter financing and economic uncertainty abroad....
Boomers warned using home sale to fund retirement could backfire - Financial Post
About a third of Baby Boomers plan to sell their home to fund their retirement, according to a study that questions whether buyers will dry up as that massive segment of the population downsizes.
...
No U.S.-style housing crash for Canada - Globe and Mail
While many concerns stem from the Canadian housing market, it will not see an American-style crash, a new Canadian Imperial Bank of Commerce report says.
House prices will likely fall north of the...
Metro Vancouver housing starts strong despite slowing sales - Vancouver Sun
Number of units being built year-to-date more than 10 per cent higher than 2011
Construction is going strong in Metro Vancouver, even though home resale prices are dropping slightly and sales activity is...
Vancouver showing 'clear reduction in buyer demand' - Financial Post
Vancouver’s real estate board says there have probably been “some reductions” in prices in some of its hottest markets, acknowledging the country’s most expensive city to buy a home...
B.C. property prices a lesson for provinces - The Globe and Mail
The slumping real estate market is illustrative of the effect it has on the economy as homeowners feel a negative 'wealth effect'
The slump in British Columbia's real estate market serves as a cautionary...
''You can't burst a bubble that wasn't there' - The Province
Sagging home sales and flat prices have prompted speculation that the “housing bubble” might be
about to burst — a prospect that immediately catches the attention of British Columbians....
Metro Vancouver prices remain high as home sales slow - Vancouver Sun
Metro Vancouver realtors saw their second-slowest August for residential property sales since 1998,
but prices are relatively stable, the region’s main real estate board reported Wednesday.
...
Average B.C. home price to dip 7.8 per cent:economist - Vancouver Sun
The average price of homes sold in B.C. is forecast to fall 7.8 per cent this year, but that doesn’t mean
the price of a typical home will drop, the B.C. Real Estate Association’s chief economist...
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