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Showing posts from January, 2017

Canadian House Price Growth Remains Elevated: CMHC Reports

January 26, 2017
by via CMHC News Releases — All Releases

Rising house prices make people wealthier on paper

GTA House Prices Spillover to Surrounding Centres

January 24, 2017
by via CMHC News Releases — All Releases

New Affordable Housing for Single Parents and Individuals

January 24, 2017
by via CMHC News Releases — All Releases

别指望加拿大联邦政府会赔偿洪水淹房子的损失

虽然近年来加拿大发生的洪水灾害越来越多,但许多房主并不担心他们没有洪水保险,因为他们相信发生洪水后联邦政府会为他们提供财政补偿。

不过专家们指出,那已经是几年前的老皇历了,如果现在发生洪水淹房子的灾害,联邦政府可能不会提供赔偿。

New Affordable Housing for Women and Children

January 23, 2017
by via CMHC News Releases — All Releases

New Affordable Housing Construction in Happy Valley-Goose Bay

January 23, 2017
by via CMHC News Releases — All Releases

What to ask when visiting a property

If it is an older property, when was it re-wired? If there are larger new items, such as a furnace, ask if the guarantee is transferable to the new owner Ask what general maintenance has been doneInquire about the property's running costsFind out the amount of the monthly gas and electricity bills

Home sales are not going to be as big of a boost to the Canadian economy this year as they were in 2016

The Canadian Real Estate Association released its latest batch of figures.

Mortgage insurance premiums on the rise for Canadians

Some by more than 10%

Affordable Housing for Families and Seniors Opens in Transcona

January 20, 2017
by via CMHC News Releases — All Releases

Transitional Housing Added to Farmhouse Shelter in Surrey

January 19, 2017
by via CMHC News Releases — All Releases

New Energy-Efficient and Affordable Housing Opened in Yarmouth

January 17, 2017
by via CMHC News Releases — All Releases

CMHC to Increase Mortgage Insurance Premiums

January 17, 2017
by via CMHC News Releases — All Releases

If you’re buying or selling a home, you’ll need a good lawyer

It makes sense to know how homes are priced.

Whether you plan on putting your home on the market someday soon, or you’re just interested in how much your property is worth from an investment perspective, it makes sense to know how homes are priced.

When a home goes on the market, there is an overwhelmingly high probability that it will sell for somewhere close to its market value.

Potential maintenance issues that may be coming up.

Will the roof shingles need to be replaced in a couple of years?
Is the furnace more than 15 years old?
Will the bathrooms need to be renovated in four or five years?

More Than $400 Million in Additional Funding to Support Affordable Housing in Quebec

January 16, 2017
by via CMHC News Releases — All Releases

USA Foreclosure proceedings dropped 14 percent from 2015 to 2016, hitting a 10-year low.

Foreclosure proceedings dropped 14 percent from 2015 to 2016, hitting a 10-year low.

Seattle-based Zillow is an online real estate database and marketplace company

Seattle-based Zillow is an online real estate database and marketplace company that works with Realtors and consumers to evaluate local property markets.

investing in a house is not a sure-fire way to build wealth.

Many Americans learned from the recession that investing in home ownership is not a sure way to build wealth.

The Great Recession is still having an impact on the U.S. housing market.

The Great Recession, which began in late 2007 and lasted for nearly two years, is still having an impact on the U.S. housing market. 
Since the bottom dropped out a decade ago, "new home starts" — used to describe when construction begins on a new home — have been sluggish.

Affordable, Supportive Housing Project Opens in Cape Breton

January 13, 2017
by via CMHC News Releases — All Releases

Canadian Housing Starts Trend Declined in December

January 10, 2017
by via CMHC News Releases — All Releases

Five-Per-Cent Decline in Housing Starts in Montréal CMA in 2016

January 10, 2017
by via CMHC News Releases — All Releases

Toronto Housing Starts Post Healthy 2016

January 10, 2017
by via CMHC News Releases — All Releases

Vancouver Housing Starts Set Record Year

January 10, 2017
by via CMHC News Releases — All Releases

Low condo fees are not particularly good news either as it may mean the condo board has not sufficiently funded for renovations.

Low condo fees are not particularly good news either as it may mean the condo board has not sufficiently funded for renovations.

The way Ontario condominium law is, you have little recourse if there are building problems in a new condo.

There are just too many problems with pre-buying a condo.
The way Ontario condominium law is, you have little recourse if there are building problems in a new condo.
Developers often present one version of what will be built (via prebuild drawings) and then deliver something else all together.

Too much humidity will propagate mold growth in the home, oftentimes without even being visible (i.e. insulation within walls).

Too much humidity will propagate mold growth in the home, oftentimes without even being visible (i.e. insulation within walls).

Canadian Real Estate Association predicts the average Canadian home price will drop by 2.9 per cent to $475,900 in 2017.

Canadian Real Estate Association predicts the average Canadian home price will drop by 2.9 per cent to $475,900 in 2017.

Toronto will remain the strongest housing market in the country in 2017.

Toronto will remain the strongest housing market in the country in 2017.

The economic policies of U.S. president-elect Donald Trump will affect Canadian housing market.

The economic policies of U.S. president-elect Donald Trump will affect Canadian housing market.

It becomes more difficult and expensive for home buyers in 2017.

It becomes more difficult and expensive for home buyers in 2017.

In the past 12 months Canada had a stunning array of housing policy changes.

In the past 12 months Canada had a stunning array of housing policy changes.

Canada’s housing market expected to cool down in 2017

Canada’s housing market expected to cool down in 2017