Rebound continues in Canada’s housing market- Ask a Vancouver Mortgage Broker

TARA PERKINS – REAL ESTATE REPORTER Home sales continued to be strong in a number of major cities in November, with preliminary local data indicating that the country’s housing market is still rebounding. The number of homes that changed hands by way of the MLS system in greater Toronto last month came in 13.9 per cent […]

Survey focuses on two generations of buyers – Ask a Vancouver Mortgage Broker

By Jean Sorensen The millennials (known also as the children of baby boomers born between 1972-1992) and the post Second World War baby boomers (born 1946-1965) are making the greatest impact on the real estate industry today. “Both the boomers and the millennials want move-in ready homes,” says Century 21 Real Estate Canada president Don […]

What first-time buyers really need: affordable housing prices – Ask a Vancouver Mortgage Broker

What first-time buyers really need: affordable housing prices DIANNE NICE The Globe and Mail  While mortgage brokers are pressing the federal government to bring back 30-year mortgages and give first-time buyers a bigger tax break, Globe and Mail readers are not convinced that easing mortgage rules is the answer to the problem. When the Globe and Mail […]

Toronto home resales sink in February as rebound proves elusive

TARA PERKINS – REAL ESTATE REPORTER The Globe and Mail Sales of existing homes in the greater Toronto area were 15-per-cent lower in February than a year ago, the local real estate board said Tuesday. There were 5,759 sales during the month, down from 6,809 in the same month during 2012. However, the Toronto Real Estate […]

How Will the Baby Boomers Affect the Future Housing Market? – From your Vancouver Mortgage Broker

How Will the Baby Boomers Affect the Future Housing Market? – From your Vancouver Mortgage Broker The baby boomers are the largest single generation alive today. They are aging but they are still very affluent. Many forecasters believed that they would eventually leave their larger homes and that this might result in the creation of […]

Aging Boomers spur housing needs by 2030

Garry Marr Sep 8, 2011 A new study from the Conference Board of Canada predicts that by 2030 about 80% of new housing demand will be consumers in their golden years. It will bring a new wave of homes that are very low maintenance, like condominiums or seniors residences. At the same time the shift […]

ROYAL LEPAGE: TOP 10 TIPS FOR SELLING YOUR HOME THIS SPRING

TORONTO, May 11 /CNW/ – Spring is upon us and the housing market is set to enter its busiest time of the year. With winter a mere memory and lots of sunshine on the way, many potential homebuyers will be out and about looking for the perfect home to suit their needs and budget.  If you’re […]

Rate of Home Price Appreciation Stabilizes after Post-Recession Recovery

Home values continue to rise, according to Royal LePage TORONTO, April 12, 2011 – The Royal LePage House Price Survey released today showed the average price of a home in Canada increased between 3.5 and 4.3 per cent in the first quarter of 2011, compared to the previous year, as markets continued their post-recession recovery. […]

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