CMHC 2010 Canadian Housing Market annual forecast - Higher prices and interest rates in 2010!

November 16th, 2009

Today CMHC released it annual Housing Market forecast for Canada and it looks like for 2010 we are going to see prices continue to climb with interest rates also increasing.  Still a great time to Buy in Vancouver before we see interest rates climb.  For full details on this report from CMHC please click the link below.

http://www.cmhc-schl.gc.ca/odpub/esub/61500/61500_2009_Q04.pdf

 

If yo ...

REBGV October Stats - High sales levels spur rise in home values

November 5th, 2009

VANCOUVER, B.C. – November 3, 2009 – Strong demand has led to a steady rise in Greater Vancouver home prices compared to last year.

Over the last 12 months, the MLSLink® Housing Price Index (HPI) benchmark price for all residential properties in Greater Vancouver increased 6.8 per cent to $553,702 from $518,668 in October 2008.

"While home prices have been rising in 2009, they have not ecli ...