Real Estate News & Advice

Collection by Parm Mohan RE/MAX Real Estate Specialist

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Parm Mohan RE/MAX Real Estate Specialist
US HOME PRICES TO RISE 7% IN 2014

Wall Street: Home price appreciation still expected to hit 7% - HousingWire

“We continue to expect home price appreciation to moderate from the torrid pace of mid-2012-13, supported by improving employment and growth prospects,” said analysts from Morgan Stanley. “We leave our 2014 projections for new home sales (450-500 thousand units) and home prices (up 5-7% for the year) unchanged.”

Bank of Canada Holds 1% Interest Rate

The Chronicle Herald

OTTAWA — Bank of Canada is keeping its low-interest rate policy in place for a while longer, signalling Wednesday that it remains to be convinced the global economy is out of danger — adding Ukraine to its list of worries. “Volatility in global financial markets has increased somewhat, reflecting buoyant market conditions in most advanced economies and increased risk differentiation among emerging markets,” it said. “More recently, tensions in Ukraine have added to geopolitical uncertainty.”

Vancouver, Toronto house sales surge over year !!!

Vancouver, Toronto house sales surge over year | CBC News

House sales in Vancouver rose a whopping 63.8 per cent in September over last year while in Toronto sales were up 30 per cent over a year ago.

BC HOME SALES CONTINUE TO SURGE!!!

Canada's Goldilocks housing market: ‘Balanced and well-behaved,’ pickup seen in 2014

Canada's Goldilocks housing market: ‘Balanced and well-behaved,’ pickup seen in 2014

Plus, global demand for gold sinks to four-year low

US Home prices keep soaring

Home prices keep soaring

Pace of home price increases hits another seven-year high in May.