January 21, 2011
On January 17th, 2011 the federal government announced changes to regulations governing mortgage lending in Canada. The changes followed growing warnings from the Bank of Canada that Canadians are taking on too much household debt (we now have the highest household debt of 20 OECD nations). By making these changes, the feds hope to limit [...]
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January 20, 2011
Vancouver Real Estate Statistics for December 2010
Vancouver Real Estate Sees Typical Holiday Month of December
After seeing the Vancouver real estate market stabilize through the fall, December was a weaker month. That is not altogether surprising as this type of market activity is very typical as the holidays approach. December 2010 looked quite weak in comparison [...]
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