Condo project hits the final stages
Filed Under Main Content · Tagged: Concrete, Condominium Development, Groundbreaking, Recession
The final bucket of concrete was poured Friday at the 834 Johnson St. condominium development — a downtown symbol of hope during the recession. It was followed by the groundbreaking for the luxury Sovereign project, also in the downtown core.
Condo project hits the final stages
Nine signs you can’t afford your mortgage
Filed Under Main Content · Tagged: Consumers, Financial Disaster, Globe And Mail, Imminent Bankruptcy, Jobs, Mortgage, Neighbours, Paycheque, Recession, Reducing Debt, Saving Money, Signs, Teetering On The Edge, Translate
The Globe and Mail- While plenty of individuals live from paycheque to paycheque, most consumers know they should be saving money and reducing debt. The recession has drummed that concept into everyone’s head as people have watched their neighbours and friends lose jobs and sometimes their home. Many people say that money worries keep them awake at night, but that doesn’t necessarily translate to imminent bankruptcy. How do you know when you are truly teetering on the edge of a financial disaster versus simply needing to do a little belt-tightening…?
Nine signs you can’t afford your mortgage – The Globe and Mail
Resale housing prices slip in capital region
Filed Under Main Content · Tagged: Bungalow, Central Ottawa, Condominium Apartment, Housing Market, Housing Prices, Neighbourhoods, Ottawa Citizen, Ottawa Housing, Quarters, Real Estate Values, Recession, South Ottawa, Survey
Ottawa Citizen- Prices slipped across Ottawa’s resale housing market in the third quarter of 2010, eroding some of the city’s big post-recession gains in real estate values, a survey shows.
The Royal LePage survey of three housing types in six neighbourhoods released Thursday showed average prices falling or stagnant in 14 of 18 examples.
Three of the four examples that showed increases between the second and third quarters of 2010 were modest, $1,000 rises that brought the average price of a condominium apartment to $321,000 in central Ottawa, a two-storey house to $316,000 in south Ottawa and a bungalow to $296,000 in Orléans…
Resale housing prices slip in capital region
Canada and household debt: Almost the worst among G7
Filed Under Main Content · Tagged: American Consumers, Assets, Canada Ranks, Canadian Families, Developed Countries, G7 Countries, Globe And Mail, Globe Mail, Household Debt, Interest Rates, Leverage, Recession, Scotia Capital, Snapshot, United States
The Globe and Mail- Much has been said recently about how Canadian families are ringing up huge amounts of debt, and consumers have been warned repeatedly that they may be in over their heads as interest rates rise. A snapshot of the developed countries by Scotia Capital today shows just where Canada ranks in terms of leverage: As a share of total household assets, Canadian families are carrying more debt than those in five of the G7 countries. Only the United States ranks higher, and American consumers are beginning to get their act in gear after the recession…
Canada and household debt: Almost the worst among G7 – The Globe and Mail
