Canadian Housing News
Housing slump starts to hit Cochrane
After spending the majority of 2008 bucking housing trends in Alberta, it appears the steadily cooling housing market is starting to have an impact here, as numbers for Cochrane are trending very similarly as numbers for the entire Calgary Metropolitan Area (CMA).
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Fall Home Improvement; Check out these great tips for new home buyers
(NC)-As a new home buyer you want to make sure you've made the right decision. Buying a home is the single biggest purchase most of us will ever make and, as with most important purchases, it is vital to do your homework to ensure your new home fits your lifestyle and meets your expectations. 1. Choose the type of home that meets your lifestyle. Read the real estate section for information about new developments. Also, check out builders' websites for photos and floor plans.
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Sellers urged to go green to attract buyers
If you're one of many Canadians planning to sell your home this year, you may have reconsidered with the changing market in resale homes. According to Canada Mortgage Housing Corporation's second-quarter housing market outlook, the average multiple listing service price of resale homes was projected to increase by 5.1% in 2008.
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All about the cash; CMHC purchase of $25 billion in insured mortgage pools will provide banks with.
Last week's announcement by the Canadian government that it intended to buy, through the Canada Mortgage and Housing Corp., up to $25 billion in insured mortgage pools, has been misconstrued in some corners as a bailout of Canada's banks, which it is not.
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