House Hunt Victoria

Victoria, BC real estate blog - "because we never know when interest rates will be increased to stimulate the economy" ~ VREB

Monday, April 27, 2009

Interest rates and prices

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The peak of our market was April 2008. Back then, 5 year fixed mortgage rates were approaching 6%. It was also a time when everyone believed...
120 comments:
Thursday, April 23, 2009

An Explanation for the Real Estate Bubble

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Twenty years ago this month, I bought my first house. Like most FTB’s I went to the bank and asked how much money they would lend me, negoti...
90 comments:
Sunday, April 19, 2009

Mortgage resets

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In the US, mortgage resets are partly responsible for the financial mess that is wreaking havoc throughout the global economy. In Canada, an...
126 comments:
Monday, April 13, 2009

Timing the market

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The real estate industry wants you to believe you can't time the real estate market. You can. It's incredibly easy and they give you...
142 comments:
Tuesday, April 7, 2009

TD Economics doesn't think much of Victoria

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You can read the whole report here (H/T to Nick for the find). Highlights: New housing was largely absorbed, but too many households bought...
112 comments:
Saturday, April 4, 2009

It is Not a Balanced Market

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The VREB has been trying to spin to the public that we are currently experiencing a balanced real estate market. Statistics I have been coll...
53 comments:
Wednesday, April 1, 2009

March VREB stats

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are out . A total of 602 homes and other properties sold in March through the Victoria Real Estate Board’s Multiple Listing Service® (MLS®) ...
89 comments:
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