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    Economic & Real Estate News

    Sep 22

    House-hunters can expect to spend 21% more on a new home!

    By ClientFirstMortgages Economic & Real Estate News
    BMO Fall Home-buying Report The report states that nearly half of prospective buyers increase price to $483,397 and shift to…
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    Sep 17

    Taking a closer look at the mortgage statistics of Canada.

    By ClientFirstMortgages Economic & Real Estate News
    For most Canadians, the following narrative is well known. You graduate from school, land your first job, get married, buy…
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    Sep 08

    Economic and Real Estate news of the week.

    By ClientFirstMortgages Economic & Real Estate News
    Bank of Canada is leaving its key overnight lending rate at 1%. The last change to the Bank rate was…
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    Sep 03

    Taking a look at housing affordability in BC.

    By ClientFirstMortgages Economic & Real Estate News
    Affordability improves, yet still historically strained according to the RBC quarterly report. Housing activity was quite brisk in British Columbia…
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    Aug 20

    Wood for high rise buildings?

    By ClientFirstMortgages Economic & Real Estate News
    In 2009, BC passed legislation requiring wood to be considered as the primary building material in all the publicly funded…
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    Aug 11

    Thinking of buying a condo as an investment?

    By ClientFirstMortgages Economic & Real Estate News
    CMHC released results of a survey of condominium owners in Vancouver and Toronto last week.  The results show that 83%…
    Read More
    Aug 07

    Economists puzzled over ‘humdrum’ Canadian growth

    By ClientFirstMortgages Economic & Real Estate News
    Not too long ago, Canada was the envy of the post-recession world. Remember the quick-out-of-gate economic recovery, and all those…
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    Jul 14

    Economic and Real Estate news of the week.

    By ClientFirstMortgages Economic & Real Estate News
    CMHC reported on June housing starts last week, which showed no slowing in homebuilding quite yet. The annualized rate of…
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    Jul 10

    June results from major Real Estate Boards

    By ClientFirstMortgages Economic & Real Estate News
    Low interest rates continue to fuel strong buyer demand. The spring market unofficially ended last month and Canada’s three most…
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    May 20

    Economic and Real Estate News for the week

    By ClientFirstMortgages Economic & Real Estate News
    The Canadian Real Estate Association releases April resale data last week which reflected a market which was up from last…
    Read More
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