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The Chinese real estate experience in the past few years has been one of growth, increased growth and now, recently stabilized house prices. Here we give a history of those years. Welcome to Shanghai, China, the financial capital of the country. It is also a hub for commerce, culture, industry and tourism. Shanghai is a major [...] As our Canadian dollar increases in value and property values in the United States drop, the excitement of Canadians looking to purchase property in the United States increases. Canadian buyers know about properties through-out the United States that could be a great investment vehicle suitable for retirement as well as recreation. The value out there at the moment is tremendous, and we [...] Today Canada’s Federal Finance Minister Jim Flaherty introduced new restrictions to be placed on mortgages insured by the CMHC. (Those are mortgages where the homeowner contributes less than 20% of the purchase price as a down payment.) These new rules will take effect on March 19, 2011. · Maximum Mortgage Amortization periods will be reduced from [...] On May 6th, 2010 the stock market experienced a momentary crash. In that brief span of time, a trillion dollars of market capitalization was lost, and many well-known corporations’ stock was reduced to trading at a few pennies. While the event caused the market to quote unreliable prices for the stocks involved, there was no [...] On March 17th 2010, trading of the Canadian dollar rose to just over 0.992¢ in U.S. dollars, bringing thoughts of Dollar parity with the United States. The problems of the United States dollar are well known and documented. Their greatest problem is the historic levels of debt in the nation. Deficit spending is rattling the [...] Canadians are continuing to head overseas to invest in real estate. The resilience of housing prices here and a strong Canadian dollar are making overseas investments look more attractive than those in our own nation. It is much safer to invest in a market such as the United State or Mexico, when real estate prices in those nations [...] The Bank of Canada released its bi-annual report on Canada’s financial system. According to the report, [and yes, I agree with it] Canada has absorbed the shock of the global recession admirably and has made some initial re-organization in order to return the nation to prosperous times. In fact, many elements of the Canadian economy have improved, all except [...] |
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Copyright © 2012 REAL VALUE - All Rights Reserved. Unless otherwise identified, content written by Marcus Assalone. Some information may have been taken from CMHC, RECO, or Toronto Real Estate Board publications. Opinions expressed in comments do not neccessarily reflect those of Marcus Assalone or Coldwell Banker. 
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