Canada’s V-shaped recovery. Now, 2011 promises slowing, steady growth and decent prospects for real estate investors as long as the U.S. economy does not drag them down. “Relieved” Canadian property owners and financial institutions cannot help contrasting their reasonably healthy condition with parlous U.S. markets. Fundamentals trend near equilibrium, “employment bounces back,” and banks ...
PROVINCE INCREASES NEW HOUSING REBATE THRESHOLD
Purchasers of new homes would be eligible for a rebate of 71.43 per cent of the
provincial portion of the HST paid on a new home, up to a maximum of $26,250. Homes above
$525,000 would receive a flat rebate of $26,250. This enhanced rebate represents a 30 per cent
increase in the threshold and maximum rebate available....... more
PROVINCE INCR ...
There are questions about the recent housing market rally that is happening right now. Specifically, people are asking the question “how long will it last?” It appears that the most recent gains are going to level off a bit which has already started to happen in many markets across Canada. We should still however realize very modest price increases in the near term, but only when contrast ...
Check the latest trend in Canadian real estate Emerging Trends 2009
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