Thursday, August 28, 2014

 
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28 August 2014  
 
Market Update
 
 
 
 
 
Banks confident of mortgage growth
 
Three of the big six banks have reported their earnings so far and all have shown growth in their mortgage books.
 
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Vancouver condos “will never be affordable”
 
Housing in Vancouver, including condos “will never be affordable for the majority of potential home buyers” writes Vancouver real estate analyst Fred Schliewinsky.
 
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Home builders heading south
 
Some of Canada’s biggest construction companies are hedging their bets by developing projects in the US.
 
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The peril of late-billed taxes
 
In a cautionary tale for homeowners, owners of townhouses in Barrhaven, Ontario have recently been hit by unexpected supplementary tax demands dating back three years.
 
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