The summer of 2012 drew to a close in September with home sale activity well below historical averages in the Greater Vancouver housing market.
September sales were 41.6% below the 10-year September sales average.
“There’s been a clear reduction in buyer demand in the three months since the federal government eliminated the availability of a 30-year amortization on government-insured mortgages,” Eug... read more.
A Globe and Mail article recently reported the following article which I thought you would find of interest as it relates to the increasing speculation of rising rates and cooling of house prices...
An influential international body is urging Canada’s central bank to raise interest rates in the fall, and continue doing so through 2013 to cool housing prices and contain inflation.
The Paris-based Org... read more.
What does every room in the home have, yet rarely gets noticed? Look up - it's the ceiling. While it may not get the attention of the walls and floors, the ceiling can be an indicator of certain elements of the home's condition, so it's important to identify and address any problems that arise.
From "popcorn" to plaster to drywall, there are many different ceiling materials in today's homes. Look f... read more.