Tags: number

29 Jun 2009, Comments Off

Canadian Funding Corp Sees Continued Growth in Property Market

Author: admin

More good news for Canadians this week, as an official think tank has predicted that Canada will continue to avoid the harshest affects of the recession.

The think thank, in collboration with the IMF, noted that the housing market remains strong, and continues to flourish. The IMF predicts that of all the G7 countries, Canada wil be the fastest growing in 2009, and has one of the soundest economies in the world. Canada’a extraordinary robustness is all the more impressive when compared to the U.S’s recent financial troubles.

Although Canada is sometimes considered the poorer relation to the U.S., or not considered as one of the leading economies of the world, Canada is in fact one of the few countries that continues to thrive in these tough economic times.

Thriving Real Estate Market

Canada’s quality of life continues to rank among the top 10 in the world. With a thriving property market and quality real estate, Canada continues to be an attractive offer to overseas buyers, looking to buy investment property, or holiday homes.

There are a number of reasons why Canada’s property market (and economy) continues is ascent:

Firstly, Canada has built it’s economy on the strength of its oil and gas resources – the 2nd largest oil reserves in the world and the 3rd largest natural gas producer. In the Alberta oil region where much of the gas is produced has a 5% employment growth per annum.

Billlion Dollar Sales

In 2007, when the U.S was recording record number of repossessions, (to get worse in 2008) the Canadian Real Estate Association was celebrating its’ first year of billion dollar sales. Another lesson the U.S: how much of the Canadian real estate lending was sub-prime? About 5%.

With inflation well under control, and the Bank of Canada recently reducing its rates on martgage lending, Canada increasingly looks like a great place to invest your real estate money. Government spending is under control, and house prices continue to rise.

http://www.sell-my-house-quick.com/articles/canadian-property-market-continued-growth-160.html

brought by Moishe Alexander, CFC CEO

15 Jun 2009, Comments Off

Housing Starts Are Up

Author: admin

Moishe Alexander brings to attention:

Canadian housing starts rose 9.2 percent in May, slightly better than expected, and was broadly based and encompassed both single and multiple segments, the Canada Mortgage and Housing Corp (CMHC) said on Monday. New home construction rose to a seasonally adjusted annual rate of 128,400 units in May from 117,600 units units in April, CMHC said.

The number of starts in May beat analysts’ consensus expectations of 125,300 starts.

The seasonally adjusted annual rate of urban starts rose 11.1 percent to 107,800 units in May. Urban multiple starts rose to 60,900 units, while urban single starts climbed to 46,900 units in May.

The seasonally adjusted annual rate of urban starts in May rose 22 percent in Ontario, 16.8 percent in the Prairies, 7.3 percent in Atlantic Canada and 3.3 percent in Quebec.

This Month In Real Estate (Canada): April 2009

Urban starts declined 5 percent in British Columbia.

CMHC said housing starts are expected to improve throughout 2009 and over the next several years to “become more closely aligned to demographic demand,” which is currently estimated at about 175,000 units per year.

Ryan Roberts,

Wednesday, June 10, 2009

3 Apr 2009, Comments Off

CFC Reviews CMHC Design Report: Window Installations – Number of glazing layers

Author: admin

Most building codes do not permit singleglazed windows in small (“Part 9”) buildings because of the potential for condensationrelated problems. The glazing options are therefore limited to a minimum of double glazing, with an IGU providing the most common form of glazing system.
An IGU can comprise many layers, although practical considerations limit the maximum to four. Multiple layers reduce heat loss not because of the additional glass (glass is in fact a good conductor of heat) but because of the additional layers of insulating air trapped by the glass. Double-glazed windows (two layers) are most common, but triple glazings are now more common in certain areas, such as Manitoba. A double-glazed window with a storm panel is effectively a triple-glazed system, and is usually treated as such.
Quadruple-glazed IGUs are rare, but becoming more common, especially with the introduction of thin plastic films instead of glass layers. A window with four layers of glass is heavy, and difficult to move, install and operate. On the other hand, a window with two glass layers and two films weighs about the same as a double-glazed window, yet provides the performance of quadruple glazing. Reviewed by Moishe Alexander.

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AIR Alexander Building Canada Canadian Funding Corp. Canadian Funding Corporation CFC cmhc construction Design IDP integrated design Moishe Alexander performance report Reviews Window Window Installation
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