World Wealth Builders

"Canadian economy, political structure and history and economic growth are also few reasons why foreigners are investing heavly in Canadian Real estate" says Navtaj Chandhoke, founder of Professional real Estate Investors Group (PREIG) Canada.

Down payment assistance may be available for up to 5% of the maximum purchase price of $210,000 for a new or re-sale home.

Here is the brief summary of some of programs available for British Colombians.Some of these grants and rebates are available across Canada

Carney raised the trend-setting rate from 0.75 per cent to an even 1 per cent.

The Toronto Real Estate Board reported that home resales took another hit in August, dropping by 23 percent from the same month last year.

According to Finance Minister Jim Flaherty who drew up the new regulations, the rules were made to make financial products easier to understand for consumers.

Canada Mortgage Housing Corporation (CMHC) forecasts 5,125 new starts in Manitoba in 2010, a 23 per cent increase from 2009; in 2011, it expects a slight pull back to 4,950 units.

Sept 1st,2010 | Toronto | Bank of Montreal has cut the promotional rate from 3.79% to 3.59% from Sept. 2. Bank of Montreal has cut fixed rates 12 times since April,2010.

Five of Canada's major banks reduced many of their posted mortgage rates by one-tenth of a percentage point.

Market has changed dramatically in Canadian Real Estate based upon all the figures released by Canadian Real Estate Association.