Home > Uncategorized > What is driving the Canadian housing market? interest rate? economic growth? local buyers? or Foreigners?

What is driving the Canadian housing market? interest rate? economic growth? local buyers? or Foreigners?


The Canadian economy rebounded strongly from a soft first quarter.  Second quarter growth in the Canadian economy far exceeded expectations and was the highest since the third quarter of 2011.
 
Housing across Canada became more affordable in the second quarter of this year because mortgage rates dropped, according to a report from RBC.
 
 
8.29

Tina Mak P.R.E.C (est.1992)
全美亞裔房产協会, 温哥华創会主席
President of Asian Real Estate Association of America, Vancouver Chapter
Public Speaker in US & Canada
International President’s Circle Award
Coldwell Banker Canadian Ambassador Award 2011 & 2013
CREA International Committee
Gold Master Medallion Award in Vancouver Real Estate Board
Co-host at AM1320 Radio Investment Show since 2007

5489 Kingsway, Burnaby
BC V5H 2G1
Tel:604-412-5860
Skype: tina-mak
www.TinaMak.com (English&Chinese)
Email: tinamak@tinamak.com

“Knowledge Empowering Investment Decisions”

Advertisements
Categories: Uncategorized
  1. No comments yet.
  1. No trackbacks yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: