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Monthly Archive
Latest News
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BC Home Sales Forecast to Increase by 2.1% in 2012 and 2.7% in 2013
01 February 2012 1:22 PM | No Comments -
Total Homes For Sale Drop by -15.6% in British Columbia December 2011
25 January 2012 4:44 PM | No Comments -
British Columbia Average Home Prices Decline -3.7% in December 2011
24 January 2012 12:11 AM | No Comments -
Residential Home Sales in British Columbia Decline -25.8% December 2011
20 January 2012 12:57 AM | 1 Comment -
Housing Starts in Metro Vancouver Decline -28.9% in December 2011
16 January 2012 2:28 PM | No Comments
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Recession Archive
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Canadian Banks Thrive During Great Recession with Low Interest Rates
ByKris Cyganiak- May 24, 2011 | No CommentsThe Great Recession that was ignited by the worst financial crisis since the Great Depression took a huge toll... -
Canadian Government introduces New Mortgage Rules for 2011
ByKris Cyganiak- January 18, 2011 | No CommentsOn Monday, January 17, 2011, Jim Flaherty, Minister of Finance along with Christian Paradis, Minister of Natural Resources announced... -
10 Key Differences Helped Canada Avoid a US Style Mortgage Crisis
ByKris Cyganiak- November 22, 2010 | 1 CommentIt has been said that the NINJA (no income no job no assets) mortgages that were offered by United... -
Canadian Interest Rates in September 2010 Still Low by World Standards
ByKris Cyganiak- September 7, 2010 | No CommentsWhen Mark Carney and the Bank of Canada raised the Canadian benchmark interest rate 25 basis points to 0.50%... -
BC Third Quarter 2010 Home Sales Forecast Continued Price Increases
ByKris Cyganiak- August 9, 2010 | No CommentsOn July 30, 2010, the British Columbia Real Estate Association (BCREA) released its Housing Forecast Update for the third... -
Canada’s June Job Growth Increases Calls for Interest Rate Hike
ByKris Cyganiak- July 12, 2010 | No CommentsThe Canadian economy posted significant jobs growth in June 2010, stunning many economists and sending the Canadian dollar up... -
US Housing Market – Heading for Double Dip Recession
ByKris Cyganiak- June 22, 2010 | No CommentsContinued hope that the US will come out of its current recession in the second half of 2010 seem... -
Canadian Interest Rates – Will Not Increase Further in 2010
ByKris Cyganiak- June 8, 2010 | 7 CommentsWith the recent announcement that the Bank of Canada has raised Canadian central bank interest rates by .25% on... -
New US Mortgage Applications are the Lowest in 13 Years
ByMarcus Cyganiak- June 3, 2010 | No CommentsThe United States is currently suffering the lowest level of mortgage applications in 13 years, and it’s being attributed... -
British Columbia Housing Forecast 2010 to 2013
ByKris Cyganiak- May 21, 2010 | 1 CommentBritish Columbia will continue to have strong new housing starts until 2013 according to the latest Canadian Housing Market... -
Vancouver Real Estate Averages $1 Million
ByMarcus Cyganiak- April 7, 2010 | 1 CommentWe might as well rename “March Madness” to the “Million Dollar March” in the city of Vancouver because for... -
Canadian Real Estate Surges 72% in December 2009
ByKris Cyganiak- January 18, 2010 | No CommentsThe overall Canadian real estate market surged 72% in the month of December 2009 based on existing home sales...
















