Bubble talk re-ignites debate about what’s next for Vancouver housing market

The boom in Canadian real estate has “resulted in the largest rises in house prices ever seen in Canada,” the firm says. “And the trigger of an increase in the Bank of Canada’s trendsetting interest rates could result in a 25-per-cent drop in property values.”

Read more: http://www.vancouversun.com/business/Bubble+talk+ignites+debate+about+what+next+Vancouver+housing+market/5026729/story.html#ixzz1RAGNkHV3

Bubble talk re-ignites debate about what’s next for Vancouver housing market

Bubble talk re-ignites debate about what’s next for Vancouver housing market

The boom in Canadian real estate has “resulted in the largest rises in house prices ever seen in Canada,” the firm says. “And the trigger of an increase in the Bank of Canada’s trendsetting interest rates could result in a 25-per-cent drop in property values.”

Read more: http://www.vancouversun.com/business/Bubble+talk+ignites+debate+about+what+next+Vancouver+housing+market/5026729/story.html#ixzz1QmekpvQ9

Bubble talk re-ignites debate about what’s next for Vancouver housing market

Overheated housing market to cool: Bank of Canada governor

The bank governor dropped no further hints on when the Bank of Canada may begin to increase its key trendsetting overnight interest rate, but his remarks were in keeping with warnings he has made that Canadians’ levels of indebtedness leave them vulnerable to higher rates.

Read more: http://www.vancouversun.com/business/Overheated+housing+market+cool+Bank+Canada+governor/4955869/story.html#ixzz1PSWmQNUT

Overheated housing market to cool: Bank of Canada governor

Expect Canada’s first 2011 rate hike in July: poll

The Bank of Canada is widely expected to make its first interest rate hike of 2011 in July, as it balances rising economic growth against tame inflation and a high-flying Canadian dollar.

Read more: http://www.canada.com/business/Expect+Canada+first+2011+rate+hike+July+poll/4577563/story.html#ixzz1IsdD3FqI

Expect Canada’s first 2011 rate hike in July: poll

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