During the past decade the Metro Vancouver property market has weathered market storms and prospered in the face of global recession. Today it is a peak performer, according to new figures released by Landcor Data Corporation.(Metro Vancouver is 'Investor's Heaven' continued...)
Canadian real estate market keeps the aggressive pace for several months and federal government becomes worried. Finance minister Jim Flaherty considers a counter action to stop the potential bubble.(Will Government Put the Brakes On? continued...)
by Lucas Gomes
REMAX prepared new report called Housing Market Outlook 2010, summarizing the key data of 2009 and serving forecast for the upcoming year. I have picked the most interesting part ? report for Greater Vancouver Area.(Greater Vancouver Area Market in 2010 continued...)
In the United States, the GDP recorded 3.5% growth in the third quarter – for the first time in a year. Similarly, the once-ailing housing market has shown big improvements since last winter. Is our southern neighbour really waking up?
Right now, the U.S. real estate market is working with 7.5 months’ supply of inventory. This sounds like quite a lot, but compared to January’s 12.4 months’ supply, it is a great improvement. Eyes of all real estate experts (but also potential buyers) are now on one thing – the first time home-buyers’ tax credit.
The opportunity to receive an $8,000 tax credit (or even cash back, if the recipient’s income tax doesn’t reach this level) has been a strong stimulant for the US real estate market. But as the expiry deadline for this special offer comes closer, market watchers are becoming nervous. What will happen once the tax credit is no longer available?(Will a Tax Credit Extension Help the U.S. Market? continued...)