Buyers catch a break as house prices dip

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From:  vaughanblog.com
A cooling house market, confirmed in sales figures released yesterday by the Toronto Real Estate Board, means the pendulum has swung in favour of buyers.In September, home sales in Toronto dropped 11 per cent to 2,546, compared with the same month in 2007 - a record sales year. Click to read complete article Read Full Story
Canada close to buyer’s market, but not a bust: CIBC

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From:  vaughanblog.com
… provinces,??? the Canadian Real Estate Association said in its latest monthly market report, showing new listings falling 5.4% in August. … Click to read complete article Read Full Story
My nest egg, my bunker, my home

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From:  vaughanblog.com
It takes every bit of willpower not to feel frightened about what is going to happen to the one asset many of us counted on Click to read complete article Read Full Story
City soars on business stage

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From:  vaughanblog.com
If you’re searching for a place to relocate or start a company, head to Toronto - then head north.Vaughan placed higher than its southern neighbour in Canadian Business magazine’s latest Best Canadian Cities for Business ranking.The city above placed 12th of 40, while Toronto sat near the bottom of the list at 33. Click to read complete article Read Full Story
Canada’s housing bubble could soon burst: Merrill Lynch
Written on - Published to Merrill Lynch Shootout (golf)
From:  vaughanblog.com
Canadian households are nearing the financial tipping point that Americans reached two years ago, which plunged their housing market into the deepest recession since the Great Depression, a senior Bay Street economist warned Wednesday. Click to read complete article Read Full Story
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PM Harper, after taking away 40-year mortgage, looks to give out …

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From:  vaughanblog.com
… more affordable for first-time homebuyers to get into the real estate market through a tax credit that would deliver up to $750 to cover dreaded closing costs. … Click to read complete article Read Full Story
PM Harper, after taking away 40-year mortgage, looks to give out …

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Written on - Not yet published to a wikizine
From:  vaughanblog.com
… more affordable for first-time homebuyers to get into the real estate market through a tax credit that would deliver up to $750 to cover dreaded closing costs. … Click to read complete article Read Full Story
PM Harper, after taking away 40-year mortgage, looks to give out $750 to new homebuyers

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From:  vaughanblog.com
… to make it to get into the real estate market through a tax credit that would … on Oct. 15 — the day after Canadians go to the polls and deliver a … Click to read complete article Read Full Story
Sun Life, CIBC among firms exposed to ailing U.S. lenders

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From:  vaughanblog.com
… A handful of Canadian companies have declared exposure to the problems … the weight of $60 billion in soured real estate holdings and a tight a credit market. … 40 per cent of the company. ), Canada’s largest telecom company, fell nearly five per … Click to read complete article Read Full Story
House prices need to fall 10% more: BMO

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From:  vaughanblog.com
Canadian housing prices need to fall nearly 10% further to bring them back into line with incomes, a major investment firm warned Thursday. Click to read complete article Read Full Story

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