Breaking News

Canada's housing boom is over: Scotiabank
Thursday Nov 20 2008
Posted in: Breaking-News

Canada's longest housing boom since the end of World War Two has ended, Bank of Nova Scotia said Thursday, joining a growing crowd of observers at the funeral for soaring real estate prices.

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A third of Canadians see lower house prices: survey
Tuesday Nov 18 2008
Posted in: Breaking-News

The number of Canadians who now expect housing prices to fall has more than doubled since last spring, a survey by a mortgage brokers group has found.

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Why we really hire real estate agents
Monday Nov 17 2008
Posted in: Breaking-News

University study reveals hiring a real estate agent doesn't make economic sense

Home resales tumble 14%
Friday Nov 14 2008
Posted in: Breaking-News

Existing home sales fell 14 per cent in October from the month before, the largest month-over-month decline since June 1994.

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Vancouver condos prices to fall hardest
Thursday Nov 13 2008
Posted in: Breaking-News

Depreciation expected to exceed that of suburban houses, analyst says

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Homeowners' new reality: You're suddenly poorer
Wednesday Nov 12 2008
Posted in: Breaking-News

Average home values set to drop to below $300,000 threshold

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Rise in home prices slows to 2.1 per cent
Monday Nov 10 2008
Posted in: Breaking-News

The price of new homes in Canada increased by 2.1 per cent in September on a year-over-year basis, a slower pace than the 2.3 per cent advance in August but still slightly ahead of economists' expectations.

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One in five U.S. mortgage-holders underwater
Friday Oct 31 2008
Posted in: Breaking-News

Nearly one in five U.S. mortgage borrowers owe more to lenders than their homes are worth, and the rate may soon approach one in four as housing prices fall and the economy weakens, a report on Friday shows.

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B.C. HOUSING HEADS DOWNHILL
Thursday Oct 30 2008
Posted in: Breaking-News

Boom times are over for the province following explosive growth in demand, prices.

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Housing market 'alarms' Merrill
Tuesday Oct 28 2008
Posted in: Breaking-News

Merrill Lynch & Co. economists are becoming more “alarmed” about the Canadian housing market every day as their data suggest it is tracking the United States with a two-year lag.

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