Canada's national housing agency says the housing market has flattened out and will likely stay pretty close next year to where it is now, in terms of new housing starts and resales.
Read Full Article: Canadian Housing Market to Remain Sort of the Same in 2012
Congratulations to our Michael Jackson, CIrque Du Soleil Referral Contest Winner, Gabe! Gabe won 2 tickets to the show. Thank you for your support. Enjoy the show tonight!
According to REBGV's latest monthly reports, home prices in Metro Vancouver have increased 7.5 per cent in October 2011 from October 2010, which is sharply higher but much lower than September 2011.
Read Full Article: Metro Vancouver Real Estate Prices up 7.5 per cent Year over Year
REBGV October 2011 Statistics states, With a sales-to-active property listings ratio of 15 per cent, the Greater Vancouver housing market continues to hover at the lower end of a balanced market and has been trending in that direction over the past five months.
Read Full Article: REBGV October 2011 Stats
With the rise of the price of housing and the economic downturn, the goal of owning a home is elusive for some. Therefore, living with children or parents/in-laws makes good financial sense, especially in light of the local real estate market. For some cultures, however, multi-generational housing has always been the norm. The arrangement could be very beneficial to both parties.
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