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Dear
Nitesh,
Here are some housing stats and mortgage information
published by CMHC and other housing agencies in Canada.
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HydroOne: PEAK Saver
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Join the peaksaver program to help reduce the strain on electricity
resources on hot summer afternoons. Here are some benifits you will
recieves as a result of signing up for this program:
- Upto
10% savings on your year-round heating & cooling costs
- A $25
cheque for your participation
- A free
programmable thermostat worth $250
- Convenience
of managing your home temperature from anywhere
- Doing
your part to help conserve electricity
To get more details, click here.
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Housing Market reached its second highest level in
2007...
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"Growth in 2007 housing starts was
driven by low mortgage
rates, solid employment, income growth and a high level of consumer
confidence, said Bob Dugan, Chief Economist at CMHC's Market Analysis
Centre. "Even with the weakness in residential construction in
December, new home starts are estimated at 229,600 units in 2007,
surpassing 2006 levels."
To read the full report, click here.
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Strong Housing Market Continues to Support Residential
Mortgage Credit
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In
the monthly report put out by CMHC, Housing Now, residential mortgage
credit grew by 12% in the third quater of 2007. This growth was
reflected by low mortgage rates & healty housing markets. MLS sales
were also up in the same period by 8.8% as compared the third quater of
2006.
To read the full report, click here.
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Hope you found this edition of Housing Stats & Mortgage Market
Information usefull and informative. I look forward to providing you
with more insider's knowledge next month.
Nitesh Kumar, AMP
Mortgage Consultant
T 416.419.2566
F 905.671.9753
E info@niteshkumar.com
W www.NiteshKumar.com
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