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December 2008 - Posts

Ottawa resale market balanced, prices still rising
December 5, 2008 : Ottawa resale market balanced, prices still rising Members of the Ottawa Real Estate Board sold 646 residential properties in November through the Board’s Multiple Listing Service® system compared with 890 in November 2007, Read More...
Canada-Ontario Affordable Housing Program (COAHP)
The federal, provincial and municipal governments have committed $36 million to make homeownership affordable for more than 4,500 low and moderate-income renter households. This is a solution for people who are renting and want to own a home, but have Read More...
Ontario’s Housing Industry Submits Poverty and Affordable Housing Solutions to Ontario Government
A coalition of groups representing Ontario’s Housing Industry released a wide ranging set of recommendations today to the Ontario government to address the province’s poverty and affordable housing challenges. Ontario’s Housing Industry Read More...
Homes: New down payment rules
New rules that came info effect in October 2008 have forced consumers to have a least five per cent down on any home purchase. Mortgages can also be amortized over 35 years, down from 40 years, making for a larger month payment. The market is expected Read More...
Homes prices, sales sag
A slowdown in some of the country's most expensive cities for housing continues to drag down the average sale price of a home in Canada, the Canadian Real Estate Association said on November 14th, 2008. The average sale price of a home last month Read More...