Browse by Tags
All Tags »
Real Estate »
Finances (RSS)
Île-des-Soeurs, January 19, 2010 –Québec’s provincial real estate market performed well in 2009, with sales increasing by 3 per cent over 2008 for a total of 79,185 MLS ® sales transactions, according to the Québec
Read More...
OTTAWA - Canadian home resales improved 41.5 per cent year over year to 42,288 units in October, a record for the month, according to the Canadian Real Estate Association . The national average price for homes listed on the Multiple Listing Service also
Read More...
OTTAWA (Reuters) - Canada's economy will pull out of its worst recession since the early 1990s this quarter, the Bank of Canada said on Thursday, and the world economy has likely averted a worst-case scenario and is bottoming out. "With the economy
Read More...
Île-des-Sœurs, July 7, 2009 MLS ® sales in the Montréal Metropolitan Area increased by 14 per cent in June 2009 compared to June 2008, the second consecutive monthly increase, reported the Greater Montréal Real Estate Board.
Read More...
OTTAWA (Reuters) - Sales of existing homes in Canada jumped 31.5 percent in the second quarter from the first and saw their first year-over-year quarterly increase since before the peak of the financial crisis, the Canadian Real Estate Association said
Read More...
Indexes vary Alia McMullen Financial Post CREDIT: Justin Sullivan, Getty Images CREDIT: Teranet, Andrew Barr, National Post CREDIT: The Canadian Real Estate Association, Andrew Barr, National Post The Canadian housing market is beginning to look like
Read More...
To stimulate economic growth and encourage Canadians to invest in improvements to their homes, Budget 2009 proposes to introduce a temporary Home Renovation Tax Credit (HRTC). The HRTC will provide meaningful tax relief to help Canadian homeowners make
Read More...
The Home Buyers’ Plan (HBP) allows first-time home buyers to withdraw amounts from a Registered Retirement Savings Plan (RRSP) to purchase or build a home without having to pay tax on the withdrawal. Budget 2009 proposes to increase the HBP withdrawal
Read More...
Budget 2009 proposes to introduce a new non-refundable tax credit based on an amount of $5,000 for first-time home buyers who acquire a qualifying home after January 27, 2009 (i.e. the closing is after that date). The credit for a taxation year will be
Read More...
The recent budget has some great incentives to help stimulate the housing sector! These apply to both 1st time purchasers as well as available grants for renovations. We are attaching the highlights as posted from the Canadian Government website so that
Read More...
By Brenda Bouw, The Canadian Press VANCOUVER, B.C. - Record low interest rates are spurring more Canadians to refinance mortgages to consolidate debt, a trend that is expected to grow as Ottawa moves to loosen lending conditions and encourage spending
Read More...
The government has earmarked $15 million to nudge Canadians with RRSPs into buying homes. Now you can withdraw $25,000 tax free from your RRSP to buy or build a first home - up from $20,000. The Home Buyers’ Plan (HBP) The Home Buyers' Plan
Read More...
Published: Jan. 26, 2009 at 9:07 AM TORONTO, Jan. 26 (UPI) -- Political changes in Canada and the United States showed a rise in optimism among Canadians in the real estate market, a survey published Monday said. The Royal LePage Real Estate Services
Read More...
by Tobi Cohen, THE CANADIAN PRESS Thursday, January 22, 2009 MONTREAL - Homebuyers are being urged to read the fine print and to recognize the potential consequences of tying their mortgage to a grossly inflated secure line of credit - an increasingly
Read More...
Derek Abma, HouseHunting Published: Tuesday, January 06, 2009 OTTAWA - View Large One of the country's leading real estate companies is projecting a further decline in Canada's resale real estate market in 2009. Photograph by : Joe Raedle, Getty
Read More...