Canadian Home Sales Up in September 2013
Canadian home sales edge higher in SeptemberOttawa, ON, October 15, 2013 – According to statistics released today by The Canadian Real Estate Association (CREA), national home sales posted a small month-over-month increase in September 2013.Highlights: National home sales edged up by 0.8% from August to September. Actual (not seasonally adjusted) activity came in 18.2% above [...]read more >>
Kingston Suburbs growing
KINGSTON – A Queen’s University researcher in urban planning is warning that policy-makers need to focus on Canada’s suburban areas before they become even more unsustainable. Urban planner David Gordon undertook a five-year study of 33 metropolitan areas across Canada using census data and found that Canada is a suburban nation with more than two-thirds [...]read more >>
Bank of Canada holds rate
The Bank of Canada announced on September 4th 2013 that it was keeping its trend-setting overnight lending rate 1 per cent, where it has been since September 2010. The Bank kept to the message given by its most recent Monetary Policy Report (MPR) released in July in that it still expects modest economic growth and [...]read more >>
OTTAWA — As reported by CTV News, Home ownership has become less affordable for the average Canadian, but that hasn’t stopped many from jumping into what may already be an overpriced market, suggests a new report from the Royal Bank. Royal Bank says its housing affordability index reversed course in the second quarter of this [...]read more >>
Interested in Real Estate as a Career??
Call and book your participation in our upcoming Real Estate Representative orientation at no cost to you! When: Tuesday April 2nd, 5:30-6:30pm – Registration 5:15pm Where: KB Realty Inc. 791 Montreal Street, Kingston ON Hosted by: Wendy Hay, Broker of Record at KB Realty Inc. Call to RSVP your participation! Limited space available Feel free to [...]read more >>
Bank of Canada signals rates likely on hold until 2014
The Bank of Canada announced on January 23rd, 2013 that it is keeping its key policy interest rate at 1 per cent, where it has been held for more than two years. In providing guidance on where interest rates are heading, the Bank said interest rate hikes are “less imminent than previously anticipated.” The Bank [...]read more >>
Canadian homes slightly more affordable in third quarter: RBC index
TORONTO – Royal Bank says the cost of home ownership became more affordable in the most recent quarter due to a modest decline in home prices and gains in Canadian household incomes. RBC’s affordability index for a detached bungalow stood at 42 per cent of income nationally in the second quarter. That means an owner [...]read more >>
Interested in Real Estate as a Career? Let Us Help You!
Are you interested in or in the process of becoming a Real Estate Sales Representative?? Call and book your participation in our upcoming orientation at no cost to you! When: Tuesday December 4th, 5:30-6:30pm Registration 5:15pm Where: KB Realty Inc. 791 Montreal Street, Kingston ON Hosted by: Wendy Hay, Broker of Record at KB Realty [...]read more >>
Interested in Real Estate as a Career? Let us help you!
Are you interested in or in the process of becoming a Real Estate Sales Representative?? Call and book your participation in our upcoming orientation and training program at no cost to you! When: Tuesday Nov 6th, 5:30-7pm – Registration 5:15pm (Will be held Bi-Weekly) Where: KB Realty Inc. 791 Montreal Street, Kingston ON Hosted [...]read more >>
Government help for first-time buyers
Recognizing the value of homeownership to Canadians, the government offers incentives to help first- time homebuyers get their financial footing. Here are some popular offerings that thousands of Canadians have taken advantage of: Home Buyers’ Plan: One of the most well-known and utilized programs is the Home Buyers’ Plan. This plan allows eligible people to [...]read more >>