Archive for June, 2008
GTA Housing Market @ a Steady Pace
June 18th, 2008Today the Toronto Real Estate Board announced that the resale housing market is still running at a “healty pace”. Although we have all heard that the Canadian housing market is slowing we must all remember that real estate...View Property
Big Banks to Increase Mortgage Rates
June 12th, 2008Today the largest banks in the country announced that they will be increasing their mortgage rates. The increases range from 25 basis points to as high as 85 basis points. TD announced the largest increase by...View Property
Bank of Canada -Leaves Over Night Rate Unchanged
June 11th, 2008Yesterday the Bank of Canada decides to leave the overnight rate unchanged even though most analysis expected a reduction of 25 to 50 basis points. I do not expect this unexpected move to effect the real...View Property