Article in the Calgary Herald yesterday speaks to Canadian residential mortage market in much better shape than U.S. BC's multi-family investment sector is picking up steam after hitting what appears to have been the bottom of the market for this sector in the fourth quarter of 2008. Click here for full details This morning the BoC lowered the bank rate by 1/4 of a per cent - full article here Recession making homes more affordable:RBC 04/17/2009
Canada.com article yesterday on how the recession is making homes more affordable for Canadians Canada Mortgage Rates not likely to fall 04/14/2009
Bloomberg news article this morning states that Canadian Mortgage Rates are not likely to fall (according to Phil Soper, chief executive officer of Brookfield Real Estate Services Fund. Housing starts move up in March 2009 04/14/2009
CHMC posted the following press release April 8, 2009 From Vancouver's The Province newspaper |
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