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Here you will find some information about what happened, happens or is predicted to happen in regards of  the Real Estate market.
I hope you find them interesting:

Market news April 2008
 
B.C. is a haven for multi-millionaires;British Columbia's unprecedented housing market expansion will continue into 2009, as economic fundamentals and market conditions remain conducive to high sales volumes and rising prices, according to Credit Union Central of British Columbia's latest forecast.

Buyers' options rise with listings; "We continue to see the market rebalance, particularly with detached properties, where listings climb and sales either hold or decline slightly." - REBGV president Brian Naphtali.

Residential construction gaining; Total value in Canada increases 8.5% in 2007 OTTAWA -- The total value of residential construction investment in Canada for 2007 reached $88.7 billion, an increase of 8.5 per cent compared with 2006.

Housing market expected to stay strong; Drop in starts attributed to seasonal factors. Some corrections can be expected but the residential housing market will remain strong here, says Herman Rebneris, president of Cottage Grove Developments Ltd.

Home owners rush to pay down mortgages; CMHC survey finds Canadians aggressively tackling housing debt. Canadians who have recently purchased, renewed or refinanced a mortgage want to
quickly pay off their debt, a survey by the Canadian Mortgage and Housing Corporation indicated Wednesday.

Metro housing starts get unexpected boost; Number of condominiums nearly double over February last year. A flurry of suburban condominium starts gave an unexpected boost to Metro Vancouver's
new housing starts in February, according to the Canada Mortgage and Housing Corp.

Housing starts plunge 37%; Edmonton-area drop reflects concern about 'size of new and resale inventories,' CMHC analyst says. EDMONTON - Not even the extra day of a leap year could
keep February housing starts in the Edmonton area from plunging compared with same month last year.

House sales slipping; Canada's Finance Minister Jim Flaherty may be right. Ontario's economy is sinking like a stone. A sure-fire sign of how our economy is doing is our all-important real estate sector, and here we go with sales continuing their slump into the first half of March.

Home ownership the new 'thing to do' in your 20s; Many first-time buyers don't wait for marriage before jumping into hot housing market Today's young adults aren't about to let lingering student loans, uncertain career tracks and stratospheric housing prices stop them from finding their first home sweet home.

Atlantic Mortgage Consumers Confident and Cautious in their Mortgage Choices OTTAWA, March 20, 2008 — Canada Mortgage and Housing Corporation’s (CMHC) 2007 Mortgage Consumer Survey shows that 94 per cent of Atlantic Canadians who recently purchased a home are confident their mortgage choice was the best for them — compared to the national average of 89 per cent — and 77 per cent intend to pay off their mortgage as quickly as possible.

Market news March 2008

Real estate affordability to improve, experts say.Housing affordability is likely to improve this year as house-price growth eases and falling interest rates make mortgages cheaper, economists say.

Housing market balancing out: analysts; Benchmark prices are rising, but sales are slowing.Home-sellers in Greater Vancouver listed properties for sale faster than they sold in January, according to real-estate board figures.

Housing starts expected to slow, says federal agency.National housing starts are expected to drop this year and next after rising in 2007, says the Canadian Mortgage and Housing Corporation.In B.C., starts will remain above average but...

Real estate prices skyrocket, returns rise over past decade The last decade in Greater Victoria's real estate market delivered an average 7.8 per cent annual compounded rate of return, said a report from real estate company Re/Max.

Slower economy means fewer new housing starts. Canada Mortgage and Housing Corp. on Monday put new numbers to its forecast for lower 2008 and 2009 housing starts due to slower economic growth and job creation.

Western growth drives Canadian housing market; Sales, price gains should moderate: Scotiabank. EDMONTON - Western Canada is leading the way in keeping Canadian real estate markets "remarkably buoyant" despite a deepening housing downturn in the United States, says a national report released Tuesday.

Winter vacation properties in Canada a hot market. The price of a standard condominium in the Canmore area rose sharply last year, says Royal LePage Real Estate Services.Prices of a standard condominium near Canmore ranged from $390,000 to $425,000 in 2007.

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