Bank of Canada signals low rates for longer

Posted by & filed under CREA News.

Wed, 07/16/2014 – 16:50 The Bank of Canada announced on July 16th, 2014 that it was keeping its trend-setting overnight lending rate at 1 per cent.   The Bank of Canada announced on July 16th, 2014 that it was keeping its trend-setting overnight lending rate at 1 per cent. The overnight rate has not moved… Read more »

Canadian home sales edge higher in June

Posted by & filed under CREA News.

Tue, 07/15/2014 – 09:00 Ottawa, ON, July 15, 2014-According to statistics released today by The Canadian Real Estate Association (CREA), national home sales activity edged up almost one per cent on a month-over-month basis in June 2014. Ottawa, ON, July 15, 2014-According to statistics released today by The Canadian Real Estate Association (CREA), national home… Read more »

CREA Updates Resale Housing Forecast

Posted by & filed under CREA News.

Mon, 06/16/2014 – 08:59 Ottawa, ON, June 16, 2014 – The Canadian Real Estate Association (CREA) has updated its forecast for home sales activity via the Multiple Listing Service® (MLS®) Systems of Canadian real estate Boards and Associations for 2014 and 2015. The Canadian Real Estate Association (CREA) has updated its forecast for home sales… Read more »

Buying

Posted by & filed under .

The bottom line is that buying real estate in Canada is very easy. From a residency point of view, if you plan to stay in Canada for 6 months or less each year, the government considers you a non-resident, which means that you can still open a bank account and buy property, etc. If you… Read more »