Canadian housing market had strong finish to 2009
Filed Under Main Content · Tagged: Commercial News, Daily News, Existing Home, First Quarter, Housing Market, Interest Rates, Late Spring, Low Mortgage, Mortgage Rates, New Home Construction, New Home Purchase, News Canada, Prelude, Residential Resales, Second Half
Daily Commercial News-
The housing market in Canada has been stronger in the second half of 2009 than was widely anticipated. That has been particularly true for residential resales.
The first quarter of 2009 was nearly disastrous for the existing home market, but all of that turned around in late spring and early summer. Record low mortgage rates have done the trick.
Potential homebuyers know that they are not likely to ever see interest rates this low again.
As for new home construction, it is worth remembering that an existing home sale is often a prelude to a new home purchase.
Canadian housing market had strong finish to 2009 – Daily Commercial News
New home construction stalls
Filed Under Main Content · Tagged: Canada Mortgage And Housing, Canada Mortgage And Housing Corp, Construction Victoria, Greater Victoria, New Construction, New Home Construction, New Residential Construction, Times Colonist Victoria
Times Colonist, Victoria – New residential construction in Greater Victoria starts plunged 84 per cent to just 30 new builds last month from January 2008, Canada Mortgage and Housing Corp. said yesterday….
Canada Mortgage and Housing Corporation: BC Housing Starts Above Average in 2008
Filed Under Main Content · Tagged: Bc Housing, Canada Bc, Canada Mortgage And Housing, Canada Mortgage And Housing Corporation, Columbia Housing, Marketwire, Nbsp, New Construction, New Home Construction, Press Release, Urban Areas, Victoria British Columbia
Market Wire (press release) – USA VICTORIA, BRITISH COLUMBIA–(Marketwire – Jan. 9, 2009) – New home construction in British Columbia was above average in 2008. Housing starts in urban areas …
Canada Mortgage and Housing Corporation: BC Housing Starts Above Average in 2008
