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Average House Prices in Canada for the Second Quarter of 2008...

Purchasing a home can be a stressful experience for anyone, but especially for first-time buyers who may not be aware that there are a host of costs associated with buying a home other than the actual purchase price and real

By Don R. Campbell

Suddenly it seems everyone you meet at a summer BBQ is a real estate expert and they want to share with you all of their extensive knowledge about how the world will end.

If you have seen the Lotto commercial with the two snobby 'rich' people talking about what to wear at a BBQ and what to speak about you will understand that the ad is funny because it has a base of truth to it.

Grouped by city and residence type (condominium, detached, etc)

It's easy to spend thousands cultivating an idyllic lawn and garden. But a little ingenuity and patience will go a long way in keeping some green in your wallet.

House prices have soared in the last few years in B.C. What will happen next - will they continue to rise, flatten, decrease or crash? These questions are on everyone's mind - whether you're in the market or no.

Sophisticated Real Estate investors dig much deeper behind the curtain to discover the hidden gems in any market conditions.

This modern reference site (kinda like wikipedia) has a page with News from the National (American?) Association of Realtors.

The actual cost and payback for each project can vary, depending on both your home’s condition and overall real estate market values in your region of the country.

With all the foreclosures going on down in Florida and many other states this is probably a question that many Canadians will find interesting.

As stated on the CRA's "Home Buyers' Plan (HBP)" web-page:

EVENT ONE - Sub Area 3C

This event will give the public an opportunity to view and comment on proposed changes to the Official Development Plan for SEFC Sub-Area 3C. The draft amendments would increase the area’s maximum allowed heights, amend the optimum heights, and change the total allowed floor area.

Statistics Canada released detailed analysis of data from the 2006 Census on earnings and income on May 1st. Here is a summary of some of the key findings

1. Mortgage interest rates

Low interest rates allow a greater proportion of renters to become homeowners, which in turn can lead to an increase in home sales and therefore push prices higher. That said they don’t significantly increase mortgage costs (on a $100K mortgage a quarter % increase in rates only increases the payments by about $14).

FOR IMMEDIATE RELEASE
22 April 2008
CONTACT: Jeremy Harrison
613 782-8782

Bank of Canada lowers overnight rate target by 1/2 percentage point to 3 per cent