Zuma housing plan ‘won’t work’
Zuma housing plan ‘won’t work’
Government’s plans for a R1bn housing fund will make little difference to the people at which it is aimed, an expert says.
Read more on News 24 South Africa
Jarislowsky ‘Convinced’ Canada Has Housing Bubble (Update1)
Jarislowsky ‘Convinced’ Canada Has Housing Bubble (Update1)
“They have basically encouraged people to buy houses based on cheap mortgages,” Jarislowsky, 84, said in a telephone interview from Montreal. “That has created the opposite effect of what was desirable.”
Read more on Bloomberg
Categories: mortgage meld Tags: Bubble, Canada, housing, Jarislowsky, Update1, ‘Convinced’
Jarislowsky sees housing bubble in Canada
Jarislowsky sees housing bubble in Canada
Canada’s investing guru Stephen Jarislowsky said he is “convinced” there’s a bubble in Canada’s housing market, fuelled by government measures that encouraged consumers to take on debt
Read more on National Post
Categories: mortgage meld Tags: Bubble, Canada, housing, Jarislowsky, sees
CNN – Where’s Housing Headed? Follow Rents
CNN – Where’s Housing Headed? Follow Rents
It May Not Be The Most Widespread Measure Of Housing Prices, But If You Want To Follow A Powerful Driver, Look At Rents.
Read more on WSB-TV 2 Atlanta
Ex-central bank chief warns on housing market
Ex-central bank chief warns on housing market
Canadian house prices are close to unsustainable levels and while rapid interest rate hikes may not be appropriate, the country’s housing agency should look carefully at which mortgages it insures, a former Bank of Canada governor said on Wednesday.
Read more on Reuters via Yahoo! Canada News
(AFX UK Focus) 2010-02-08 14:16 UPDATE 1-Canada housing starts rise 5.8 pct in January
(AFX UK Focus) 2010-02-08 14:16 UPDATE 1-Canada housing starts rise 5.8 pct in January
TORONTO, Feb 8 (Reuters) – Canadian housing starts rose by a larger-than-expected 5.8 percent in January, with gains in both single and multiple family homes, offering further proof of housing’s strength in an otherwise tepid economy. Housing starts rose to a seasonally adjusted rate of 186,300 units from an upwardly revised 176,100 units in December, the Canada Mortgage and Housing Corp said on …
Read more on Interactive Investor
Categories: mortgage meld Tags: 1416, 1Canada, 20100208, Focus, housing, January, Rise, Starts, UPDATE
January housing starts
January housing starts
The seasonally adjusted annual rate of housing starts reached 186,300 units in January 2010. This is an increase from an annual rate of 176,100 units in December 2009, according to Canada Mortgage and Housing Corporation .
Read more on CNW Group via Yahoo! Finance
Categories: mortgage meld Tags: housing, January, Starts
Housing starts down slightly in Toronto
Housing starts down slightly in Toronto
Housing starts in the Toronto area slipped slightly in January while they rose overall in Canada.
Read more on Toronto Star
January housing starts on the rise, CMHC reports
January housing starts on the rise, CMHC reports
Canada’s housing market is on the rebound with resales expected to set a new annual record this year and homebuilding off to a strong start, according to two reports issued Monday.
Read more on CTV Toronto
Housing shortage ‘risks crowding’
Housing shortage ‘risks crowding’
Millions of people living in overcrowded conditions, due to a home shortage, a housing body warns.
Read more on BBC News
Categories: mortgage meld Tags: crowding', housing, Risks, shortage