canadian housing market: After the boom, the bust - 05/31/08 08:24 PM
The housing market in UK follows the US and has been in decline for a few months. Below is an article from Larry Elliott at The Guardian published on Friday May 30 2008:
Any suggestion that Britain's overblown, over-hyped and over-valued property market is due for a soft landing after the … (0 comments)
The lowering of Canada's interest rate by 0.5% last week is good news to home owners. CBC News reported on March 05, 2008: "Interest rate cut good news for home buyers, association says"
The Bank of Canada's decision to cut interest rates Tuesday is unlikely to trigger a flurry … (2 comments)
canadian housing market: Single-family Home Reaching 9.9 Months Inventory! - 02/27/08 06:02 PM
There are more bad news on the housing market in the US. Inman News reported on Wednesday, February 27, 2008 that the inventory of single-family homes reached the highest level since October of 1981.
Inman News
The for-sale inventory of new single-family homes bloated to its highest level in 27 years … (3 comments)
canadian housing market: Solid 10 Years Residential Real Estate Growth - 02/22/08 02:57 PM
Residential real estate markets across Canada
post solid gains over past decade, says RE/MAX
Pent-up demand, population growth, tight inventory levels, and the longest economic expansion since World War II collectively fueled one of the best decades on record for residential real estate in Canada , according to a report … (0 comments)
canadian housing market: Canadian Housing Market Outlook for 2008 - 02/15/08 11:44 AM
After 5 years of surge in housing demand and price gains, experts are projecting a more moderate housing market for 2008. The following article was published on Tuesday, February 12, 2008 by Alia McMullen, Financial Post.
Housing affordability is likely to improve this year as house-price growth eases and falling … (5 comments)
canadian housing market: The Danger of the US Going into a Recession - 01/22/08 03:01 PM
The following is an excerpt by The Globe and Mail on the move by the Bank of Canada cutting interest rate by one-quarter point.
The U.S. Federal Reserve announced its surprise massive interest rate cut of three-quarters of a percentage point about an hour before the Bank of Canada officially … (0 comments)
canadian housing market: Canadian economy loses 18,700 jobs in December - 01/11/08 01:30 PM
Grant Surridge, Financial Post Published: Friday, January 11, 2008: The Canadian economy surprised observers by losing 18,700 jobs in December, as the strong loonie continues to weigh on the country's manufacturing sector.Agriculture lost 23,000 jobs, while the transportation and construction sectors posted relatively strong gains.Small and medium-sized businesses account for 60% of … (0 comments)
;)
Links;)
Archives
The housing market in UK follows the US and has been in decline for a few months. Below is an article from Larry Elliott at The Guardian published on Friday May 30 2008:
