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Nero pointed out this article in the Globe and Mail about the Big Six Canadian banks urging the government to tighten up mortgage rules to control runaway speculation in the Canadian real estate market. Just to be clear, these are the same banks th...
aggregated: 1 day 8 hours ago | 4 views
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This should come as a surprise to no one, but this province leads the nation when it comes to concern over personal debt according to an RBC report.RBC chief economist and senior vice-president Craig Wright said much of the debt concern centres aroun...
aggregated: 6 days 7 hours ago | 6 views
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It s a little self-indulgent, but then, the filming of the CW show, Life Unexpected, is literally across the street from my place; I don t know if a post about it is indulgent or unavoidable.The people across the way basically got their house overhau...
aggregated: 1 week 4 days ago | 14 views
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The Conference Board of Canada is predicting perfect stability in the local real estate market for the year ahead. They see the Metro Vancouver real estate market as currently hot, but not overheating and predict that it likely won t overheat as 2...
aggregated: 2 weeks 9 hours ago | 16 views
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The Vancouver Real Estate Anecdote Archive (VREAA) has been doing a great job of collecting anecdotes from the great Vancouver housing bubble for a while now, and many reader here will be familiar with that site. VREAA is now running a series calle...
aggregated: 2 weeks 1 day ago | 8 views
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According to this article on househunting.ca, the Canadian desire to own a home was the key to the quick recovery in the real estate market. While low interest rates were a principal factor driving home-buying activity, no one can discount the value ...
aggregated: 2 weeks 6 days ago | 12 views
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The Bank of Canada has announced that it will not raise interest rates to address concerns of a Canadian housing bubble. Unfortunately for those counting on a .25% base rate, that doesn t mean rates will stay low indefinitely, just that they won t ...
aggregated: 4 weeks 4 hours ago | 20 views
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Ok, this is all getting a bit weird. First we heard from bank economists, Flaherty and the PM the general message tended towards caution: don t buy what you can t afford, make sure you can handle rising interest rates, we ll keep an eye on the Ca...
aggregated: 4 weeks 1 day ago | 39 views
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The Chinese economy is on fire, with some calling it healthy growth and some calling it a bubble, particularly in the Real Estate market where a building boom has coincided with rapidly rising prices. Property prices in Beijing are now higher tha...
aggregated: 5 weeks 1 day ago | 57 views
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Don sent in this link to Helmut Pastrick of Central One Credit Union expressing concern about Flaherty s recent talk of clamping down on the easy mortgage money. Concern over a Canadian housing bubble has Flaherty, Harper and Carney musing about wa...
aggregated: 5 weeks 5 days ago | 48 views
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Disney picks Vancouver over Seattle. Which is funn...
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