Blog by Scott & Arlene Forbes

New home prices edge up 0.3% in March

May 12th, 2010


Article from Vancouver Sun



OTTAWA — Prices for new homes in Canada rose 0.3 per cent in March, following a 0.1 per cent increase the previous month and extending gains that began in July 2009, Statistics Canada reported Wednesday.

The March increase was in line with economists' forecasts.

Statistics Canada said its new house price index was also up 1.6 per cent in March from a year earl ...

Australia overtakes Canada in house-price hikes

May 10th, 2010

Nanaimo is a great place to retire

May 7th, 2010

Nanaimo is a great place to retire

 

Number crunchers evaluate income, crime rate and housing prices

 
 
 

Nanaimo is the sixth-best place in Canada to retire, according to the latest results from MoneySense Magazine's annual rankings of the best cities to live in Canada.

The city could not break into the top 50 of the overall rankings, ...

Vancouver Sun Article

April 28th, 2010

Vancouver Sun Article:

A new survey says more than four out of five home buyers feel comfortable with their debt, but another hike in interest rates might get Canadians squirming next time they’re polled.

Canada and Mortgage and Housing Corp. surveyed 2,503 mortgage consumers between Feb. 11 and Feb. 28 and found 81% were comfortable with their current debt levels. However, the survey was d ...