Mattamy top-rated builder for third year For the third year in a row, Mattamy Homes has ranked highest among GTA builders in the J.D. Power and Associates New Home Builder Customer Satisfaction Study. Read More   The lowdown on house prices It's now 13% and falling. How far has the Alberta housing market got to go before it hits bottom is hard to say. But the days of the half-billion-buck three-bedroom bungalow appear to be rapidly fading in the rear-view mirror. And if Alberta Finance Minister Iris Evans's mid- year economic update is anything to hang your equity hat on, it could get a lot worse before it gets better. Read More   Local bank spreads wings; PACIFIC AND WESTERN: It's ramping up its interest in home mortgages London's Pacific and Western Bank is growing into the home mortgage business. The bank, which lends money largely for building commercial and institutional developments, is spending about $50 million monthly to buy mortgages as the amount of interest banks can charge is on the rise, said David Taylor, Pacific and Western chief executive. Read More   Calgary sales to slow further; Numbers expected to fall 20% from last year The Canada Mortgage and Housing Corporation's Housing Market Outlook for the third quarter of the year predicts Alberta's existing home sales in 2008 will be 20% lower than last year, from 71,430 to 57,000. Read More

More... J.D. Power and Associates Reports: Mattamy Homes Ranks Highest in Satisfying New-Home Buyers in... Fixing Toronto's growing pains Today's homes built with eye to air quality; INDUSTRY VIEW: Design, materials and systems all... Condo crash not likely Small city condo project finds receptive market; Reasonable price and convenient location... Mortgage rules backed by West; Alberta bucks national trend Weak housing market spurs layoffs; Major builder cuts 50 staff, including 20 in Edmonton Builders call for update of GST rebate thresholds How slow can you go?; CMHC says Alberta expected to have largest decline in housing starts at more. Canadian housing market loses steam; Economy 'is flat on its back,' leaving consumers 'anxious and.

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