Biggest Gain in Home prices Since 2009
Filed Under Main Content · Tagged: Canadian Real Estate, House Prices, Housing Price Index, National Bank, Real Estate Magazine, Resale Prices, Rose, Teranet
Canadian Real Estate Magazine
National house resale prices rose for a seventh consecutive month in June. Biggest jump recorded since August 2009, according to Teranet – National Bank Housing Price Index See full story on this topic »
Bubble talk re-ignites debate about what’s next for Vancouver housing market
Filed Under Main Content · Tagged: Bank Canada, Bank Interest, Bank Of Canada, Boom, Canadian Real Estate, Debate, House Prices, Housing Market, Interest Rates, Property Values, Trendsetting, Vancouver
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.”
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
Filed Under Main Content · Tagged: Bank Canada, Bank Interest, Bank Of Canada, Boom, Canadian Real Estate, Debate, House Prices, Housing Market, Interest Rates, Property Values, Trendsetting, Vancouver
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.”
Bubble talk re-ignites debate about what’s next for Vancouver housing market
House price cool-down expected
Filed Under Main Content · Tagged: Bmo Capital Markets, Cool Html, Economist, Greater Victoria, House Price, House Prices, Pace
The report by Re/Max showed house prices climbed an average of 6.82 per cent every year from January 2000 to December 2010, a pace of growth that BMO Capital Markets economist Robert Kavcic described as unsustainable. The Greater Victoria rate during that period was 7.8 per cent.
