News

  • Housing starts up modestly: CMHC by Vernon Clement Jones

    The seasonally-adjusted housing starts for March eked out a modest 5,100 gain over February’s numbers, coming in at 188,800 units, according to Canada Mortgage and Housing Corporation.

  • Okanagan home prices up in central zone, down elsewhere by News

    The average price in March for the Okanagan region rose in the central zone, but fell everywhere else, according to the Okanagan Mainline Real Estate Board (OMRE).

  • U.S. home prices drop for a 7th straight month by News

    U.S. home prices dropped 6.7% in February from a year earlier, marking the seventh straight month of decline, according to CoreLogic’s Home Price Index.

  • Fewer young homebuyers may dampen home prices: CCPA economist by Shane Buckingham

    The Royal Bank’s findings that the majority of young homebuyers are holding off from making a purchase until 2012 may be enough to lead to a “flattening” in real estate appreciation – a result desperately needed to prevent record home-price declines in major Canadian cities, according to an economist for the Canadian Centre for Policy Alternatives (CCPA).

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