QUESTIONS, QUESTIONS “CRAZY MARKET”: RENT: $1650; PRICE: $750,000; CAP 2.1% RUMOURS SWIRL AROUND OAKRIDGE TRANSIT SITE SALE WHISTLER REBOUND GAINS TRACTION. TOLD YOU SO WHERE PRICES ARE RISING FASTEST IN OUTLIER BC 6 TIPS WHEN BUILDING A RENTAL PROJECT YOUR NEXT TENANT WILL LIKELY BE OVER AGE 55 EDMONTON MARKET IS REMARKABLY STABLE HOME PRICE FOR MOST CANADIANS: LESS THAN $375,000
QUESTIONS, QUESTIONS SOME REITS MAY BE EYING THE EXIT, LIQUIDATION RAMPANT GREENING VANCOUVER PUSHES HOME PRICES HIGHER Tweaks include change to concrete balconies VICTORIA RENTAL BUILDINGS NOW $185,000 PER DOOR FORT MAC LANDLORDS DON’T APPEAR TO BE GOUGING QUICK LOOK AT 2 OUTLIER MARKETS (Kelowna and Vancouver Island) TESTING A PHOENIX HOME SEARCH APP
Ozzie reported on CKNW from the Wold Outlook Conference: He blamed Mr. Poloz (Bank of Canada Governor) for high housing prices (talking down our dollar relentlessly and at the same time creating lifetime lows in interest rates). He quoted from from the Outlook Issue at Jurock's Real Estate Insider. He also talked about the Hottest January
1. With our central banker, lowering rates - even planning to go negative - in order to stimulate exports it makes it easier to afford larger and larger mortgages. As a result CMHC will be ordered to tighten rules more and more for investors. It is already dramatically more difficult to get approved for an investment mortgage
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There is no excerpt because this is a protected post.
There is no excerpt because this is a protected post.
Ask your bank why! When the Bank of Canada cuts interest rates, it does so in an effort to jumpstart the economy by making it cheaper for consumers and companies to borrow money. The central bank cut its rate by a quarter percentage point last Wednesday, the second such increase this year for a total of
