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Yukon Territory Real Estate Blogs
The Funhouse Mirror [29 views]
The national average home price was down in March from where
it stood last year. But home prices are not declining. Confused? Average prices are affected by changes in the mix of sales,
so year-over-year price comparisons can be like looking in a funhouse ...
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National real estate price correction not likely until 2013 at the earliest The Royal LePage House Price Survey and Market Survey Forecast released today showed the average price of a home in Canada increased between 3.6 and 6.1 per cent in the fourth ...
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THE CANADIAN HOUSING MARKET GOING FORWARD[115 views]
Stricter mortgage insurance rules have taken some steam out of the Canadian housing market. Home sales fell 0.5% in August, a fifth contraction in the past seven months, while home price pressures eased. However, the impact has not been overly dramatic ...
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CREA BOOSTS ANNUAL RESALE HOUSING FORCAST[251 views]
Sales in the second half of 2010 rebounded faster than CREA had previously expected. Many home buyers recognize that the still record low interest rates represent a once-in-a-lifetime opportunity. At the same time they also are conscious of the fact that ...
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The Government announced some adjustments to the rules for mortgages as follows: Reduced the maximum amortization period to 30 years from 35 years for new mortgages. Lower the Maximum amount Canadians can borrow in refinancing their mortgages to 85% from ...
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I get asked this question quite often so here is the answer and I might add it is the same for a freehold property as well as a condo. Answer: With the changes from CMHC, the minimum amount of your downpayment depends very much on your employment situation ...
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