‘Worst is over’ in real estate
Filed Under Main Content · Tagged: Fourth Quarter, Housing Market, Real Estate, Times Colonist Victoria, Times Colonist Victoria Bc
Times Colonist, Victoria, BC. – The worst is over in the Canadian residential housing market, according to a new industry report that forecasts growth in the sector in the fourth quarter of the year…
‘Worst is over’ in real estate
How B.C.’s new tax will eat into your savings
Filed Under Main Content · Tagged: Homebuilding, Mutual Fund Industry, Negative Impact, Provincial Government, Times Colonist Victoria, Times Colonist Victoria Bc, Tourism Hospitality
Times Colonist, Victoria, BC – Other industries that expect to feel a negative impact from the blended tax, such as tourism, hospitality and homebuilding, have been hounding the provincial government for changes. However, the mutual-fund industry is focusing its efforts on changing policy at the federal level…
How B.C.’s new tax will eat into your savings
Victorians pay highest home costs
Filed Under Main Content · Tagged: Carrying Costs, First Quarter, Fixed Rate, Household Income, Property Taxes, Second Quarter, Times Colonist Victoria, Times Colonist Victoria Bc, Victorians, Year Mortgage
Times Colonist, Victoria, BC – But in Victoria mortgage carrying costs slipped to 56.6 per cent in the second quarter, just 0.1 per cent less than the first quarter of 2009. Those costs reflect the portion of pre-tax household income needed to cover a mortgage, excluding property taxes and utilities. The number is based on a 25-year mortgage at a five-year fixed rate, and 25 per cent down payment. …
Victorians pay highest home costs
Housing market to rebound this year and next
Filed Under Main Content · Tagged: Housing Agency, Housing Market, Second Half, Times Colonist Victoria, Times Colonist Victoria Bc, Victoria Bc Canada
Times Colonist, Victoria, BC – Canada’s housing market is expected to see a strong rebound in the second half of this year and into 2010, the federal housing agency said Thursday. …
