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“Canadian housing starts fell in October as both single and multiple urban starts slumped, Canada Mortgage and Housing Corp said on Thursday in a report that confirms further slowing in the country’s once-booming housing market.” (Source: Financial Post, November 8, 2012). Click link to view article in its entirety: http://business.financialpost.com/2012/11/08/canadas-cooling-housing-market-expected-to-slow-economys-growth-in-2013/ We Welcome your questions and […]
“Many experts argue that the U.S. housing market has turned the corner. Some – like Wharton professor Jeremy Sigel – have argued that it’s one of the few bright spots that will drive economic growth. But is the housing recovery all that certain? The Fed’s decision to purchase $40 billion of agency MBS a month […]
“Canadian housing prices will fall 10% over the next several years and homebuilding will slow sharply in 2013, but the country’s recent property boom is not expected to end in a U.S.-style collapse, according to a Reuters poll. The survey of 20 forecasters published on Friday showed the majority believe the Canadian government has done […]
Investing in foreclosed US homes is quickly becoming a popular choice for REITs: “The next wave of real estate investment trusts south of the border is likely to be made of distressed properties bought by private-equity investors so cheaply that they can be rented out and still produce good returns despite the high management costs. […]
Hamilton’s Main Employers: Sector 1996 2006 %change Manufacturing 64,750 57,630 -11% Health care & social assistance 30,630 40,080 31% Educational services 19,550 30,830 57% Construction 15,680 28,080 78% Finance, insurance, real estate 22,150 26,380 19% Professional, scientific & technical 13,400 23,930 79% (Source: The Hamilton Spectator- Souvenir Edition page HN11 (Wednesday, October, 31, 2007). “Hamilton Next, Focus on the Future City: “Where […]
Is it a tunnel dream, a fantasy or an economic vision for the ages? As technology improves we are seeing more under-lake transportation tunnels as opposed to bridges. There is the tunnel linking France to England beneath the English channel, and now, Canada has its own example. A tunnel from mainland Toronto underneath Lake Ontario […]
“The value of building permits issued in Canada unexpectedly fell by 13.2% in September from August, dragged down by a major drop in the non-residential sector, Statistics Canada data indicated on Monday. The fall – the greatest since the 23.7% plunge recorded in Aptil 2011 – was far greater than the 3.0% decrease forecast by […]
“The pace of homebuilding in Canada will continue to moderate in the last quarter of 2012 and into 2013, while existing home sales should hold steady and prices climb at or just below the inflation rate, Canada Mortgage and Housing Corp says. The federal housing agency’s forecast on Monday for a weaker, but still healthy, […]
“Signs are everywhere that Canada’s long run-up in house prices is over, hit by a combination of tighter mortgage lending rules and growing consumer reluctance to take on more debt. Sales of existing homes are down steeply, with condo sales hit especially hard, and some long-booming prices have started to fall. Sales always slump as […]
This Long Range Strategic Plan for the Niagara Region is key to the real estate investor’s needs. A list of the document’s contents is below. 1.1 What is a Growth Management Strategy? 1.2 Regional GMS Process 1.3 Report Structure 1.4 Report Purpose 2.0 Population, Household and Employment Forecast Methodology 2.1 Population and Household Forecast Methodology […]
