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  • Canadian homes now more affordable

    At last, homeownership is within the grasp of some Canadians but their choices may be somewhat limited.Houses have become “slightly” more affordable for the average Canadian but they will have to think small.According to RBC’s latest Housing Trends and Affordability report, household incomes outpaced a modest rise in mortgage ...
    Posted to Teri Lynn & Norm Hilson (Weblog) by 222196 on February 25, 2014
  • The Canadian Mortgage Myth

    It is all over the news - That Canadians have debt levels that are skyrocketing, particularly when it come to home ownership and mortgages.   If you listen to what a lot of the pundits are saying it means that in the event of a softening of the real estate market most home owners will find themselves in a negative equity ...
    Posted to Teri Lynn & Norm Hilson (Weblog) by 222196 on February 3, 2014
  • Is the government set to heat up the market?

    Is the government about to reverse its aggressive market cool down strategies?In the face of idling home sales, there is growing speculation among economists that the BoC will soon have to fight deflationary trends, in part fueled by idling home sales.“The inflation right now is very low and it will stay very low in the coming months,” ...
    Posted to Teri Lynn & Norm Hilson (Weblog) by 222196 on January 25, 2014