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John Archer: U.S. estate tax changes are looming

September 25th, 2012

John Archer: U.S. estate tax changes are looming



For Canadians who are fortunate enough to have worldwide assets exceeding $1 million U.S., there may be a U.S. estate tax time bomb that ticks louder as we approach Dec. 31. Urgency is building as a current law that provides for a U.S. estate tax exemption of approximately $5 million is due to expire and is expected to be reduce ...

Real estate cooling hits home Phenomenon widespread across country as listings, sales and prices all falling

September 25th, 2012

Real estate cooling hits home

 

Phenomenon widespread across country as listings, sales and prices all falling

When Finance Minister Jim Flaherty announced in July that the maximum amortization period for mortgage would be reduced to 25 years from 30 years, the government estimated it would increase monthly payments by $184 on a $350,000 mortgage.
 

When Finance Minister Jim Flaherty announced in July that the maximum amortization period for mortgage would be reduced to 25 years from 30 years, the government estimated it would increase monthly payments by $184 on a $350,000 mortgage.

Photograph by: A ...

Le Plateau-Mont-Royal (Montréal) Open House!

September 21st, 2012

We are proud to announce that this Sep 23rd, 2:00 PM to 4:00 PM we will be hosting an Open House at 4475 Rue St-Dominique in the Le Plateau-Mont-Royal (Montréal) neighborhood, Montreal. This is an opportunity to visit this excellent condo for sale in beautiful Le Plateau-Mont-Royal (Montréal) .

Please come with any questions you may have. In the meantime you can take a virtual tour of ...

Prevent family friction at the bank of mom and dad Legal documents can reduce risk when it comes to lending money to relatives

September 21st, 2012

Prevent family friction at the bank of mom and dad

 

Legal documents can reduce risk when it comes to lending money to relatives

Gerry Kahrmann-PNG Entering Vancouver's expensive housing market often requires financial aid from parents. Getting the agreement in writing can prevent problems between siblings.
 

Gerry Kahrmann-PNG Entering Vancouver's expensive housing market often requires financial aid from parents. Getting the agreement in writing can prevent problems between siblings.

Photograph by: Gerry Kahrmann, PNG Files , ...

Is Canadian real estate in trouble? Experts weigh in

September 21st, 2012

Is Canadian real estate in trouble? Experts weigh in

CBC Bottom Line panelists Patricia Croft, Jim Stanford, Preet Banerjee and Amanda Lang discuss what to do when the housing market takes a hitNational housing slump?18:35

Global property markets strained: report

September 14th, 2012

Global property markets strained: report

Global housing markets remain under strain, says the latest Global Real Estate Trends report by Scotiabank.

“Among the international property markets we track, the number of countries reporting declining average real prices on a year-over-year basis outnumbered those reporting increases by more than two-to-one,” says Adrienne Warren, senior eco ...

StatsCan warned inflation measure could be building real estate bubble

September 14th, 2012

StatsCan warned inflation measure could be building real estate bubble

Real estate for sale signs in front of properties for sale along West 10th Avenue in Vancouver, BC Wednesday, August 15, 2012.
 

Real estate for sale signs in front of properties for sale along West 10th Avenue in Vancouver, BC Wednesday, August 15, 2012.

Photograph by: Jason Payne , PNG

OTTAWA - Statistics Canada is being urged to change the way it calculates housing costs in its inflation reports, with cri ...

Condo construction in Montreal could reach near-record levels in 2012

September 12th, 2012

Condo construction in Montreal could reach near-record levels in 2012

In Greater Montreal, housing starts rose 35 per cent, year over year, in August on the strength of new condo construction.
 

In Greater Montreal, housing starts rose 35 per cent, year over year, in August on the strength of new condo construction.

Photograph by: Allen McInnis , Montreal Gazette

Greater Montreal Area condo construction is expected to hit near record-high levels in 2012, with starts rising ...

Montreal condo prices decline in August2

September 12th, 2012
 
 
 

Montreal condo prices decline in August

Analysts said August&#8217;s weak condo numbers are indicative of a soft landing on prices, which was long due for the market. While a one-per-cent drop seems nominal, price declines are rare in the Montreal real-estate market and usually occur during periods of recession.
 

Analysts said August’s weak condo numbers are indicative of a soft landing on prices, which was long due for the market. While a one-per-cent drop seems nominal, price declines are rare in the Montreal real-estate market and usually occur during periods of recession.

Photograph by: mf coallier

MONTREAL – Greate ...

First Drop in Sales in 15 Months

September 12th, 2012
First Drop in Sales in 15 Months

Île-des-Sœurs, September 10, 2012 – According to the Québec real estate brokers’ provincial database, sales in the Montréal Census Metropolitan Area (CMA) decreased by 7 per cent in August 2012 compared to August 2011, with 2,323 transactions, said the Greater Montréal Real Estate Board (GMREB).

“It could be that the effects of the federal government’s ...
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