Tennille's Blog

SUMMARY OF SALES IN M5M IN 2007* Throughout 2007 there has been steady activity in this area, with May being the busiest month.  Overall there was an average of 35 homes sales / month for 2007.   Detached homes that have sold in M5M in 2007 have an average of 3+1 bedrooms and 3 bathrooms.  They s...

The tax changes outlined in the federal government's economic statement will bring significant savings to new homebuyers, but will also benefit existing homeowners. According to government calculations, the reduction in the GST rate from seven per cent to five per cent will save a family purchasi...

New home construction will drop in 2008 in part due to higher housing prices and mortgage carrying costs. That's the word from Canada Mortgage and Housing Corporation's (CMHC) fourth quarter Housing Market Outlook, Canada Edition report. Housing starts will reach 227,530 units in 2007, an increas...