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U.S. Vacation and Retirement Properties Are Best in Nearly Four Decades
Monday, 24 September 2012 00:00

Investment Prospects for U.S. Vacation and Retirement Properties Are Best in Nearly Four Decades

TORONTO, ONTARIO and CHICAGO, ILLINOIS--(Marketwire - Sept. 14, 2012) - The price of vacation homes in the sunny south - particularly Florida, Arizona and Nevada - are more affordable now than at any time in nearly four decades, according to a new report by Dr. Sherry Cooper, Chief Economist, BMO Financial Group.

Signs Of Steady Progress In The Housing Market
Tuesday, 21 August 2012 00:00

WASHINGTON - A jump in sales of previously occupied homes and further gains in home construction suggest the U.S. housing recovery is gaining momentum.

The pair of reports Wednesday follows other signs of steady progress in the housing market after years of stagnation. New-home sales are up, builder confidence has reached its highest level in more than six years and increases in home prices appear to be sustainable.

Canadian buyers face more competition as U.S. housing recovers
Thursday, 16 August 2012 00:00

By Tom McFeat, CBC News

House prices in the U.S. are showing fresh signs of improvement, and market-watchers say the window of opportunity could be closing for bargain-hunting Canadians eyeing potential investment or getaway properties.

As economic collapses go, the U.S. housing implosion ranks among the very biggest. As many as four million families lost their homes in a foreclosure crisis that began to unfold in 2007.

Investment property Florida market appeals to more buyers
Friday, 03 August 2012 00:00

With bank lending rates at a record low, the investment property Florida market is attracting more investors seeking sure-fire rental income, with double-digit annual rental yields achievable across much of the state.

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