Former Bank of Canada governor David Dodge spoke out this week saying that as the reality is house prices are more likely to go down rather than up in the next few years that the Finance Minister and Bank of …
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The head of ING DIRECT, Canada’s 6 largest mortgage lender, has said he hopes that the Finance Minister doesn’t change the mortgage rules as there is too large a threat they could not only slow down, but kill the housing …
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The Globe and Mail reported today that the Bank of Canada appears confident that the hot national housing market will slow down before a bubble forms. The housing market has been on the central bank and the Finance Minister’s radar …
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The British Columbia Real Estate Association (BCREA) released their December housing sales report today entitled, “December Home Sales Second Highest on Record 2009 – In Like a Lamb, Out Like a Lion”. They reported that MLS residential sales increased 132% …
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July 2010 could mean higher mortgage rates and higher taxes given the BOC’s plan to remove their freeze on interest rates and the introduction of HST
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