Nova Scotia predicted to help boost growth in home sales
The number of Canadian homes sold this year will outpace 2011 while prices will hold steady in most parts of the country, the country’s largest real estate association said Monday in a rosy revision to its 2012 outlook. The Canadian Real Estate Association said the number of home sales will grow by 0.3 per cent this year to 458,800 from …
Read MoreCanada tops expat survey for best quality of life
While their cost of living has increased compared to five years ago, the quality of life for most expats hasn’t reduced, according to the latest Quality of Life index from NatWest International Personal Banking. Canada has the best quality of life for the third time since the index began and the United Arab Emirates has risen from tenth to sixth …
Read MoreCREA Says Canadian Real Estate Prices Could Increase by up to 9.3% This Year
The Canadian Real Estate Association thinks residential property prices could increase by as much as 9.3% this year due to a strong domestic economy and continued interest from international buyers. This does sound pretty high, especially as prices rose by 4.52% in the year ending June 2011, according to figures from the National House Price Index. The previous two years …
Read MoreGlobal partnerships key to Atlantic Canada’s growth
Entrepreneurial financing in Atlantic Canada is expanding rapidly. Halifax alone has more than 1,200 financial services firms with 14,000 employees, and Bank of Nova Scotia and Royal Bank of Canada both trace their roots back to Nova Scotia. So it’s interesting to note that only 7 per cent of small businesses in the country are in Atlantic Canada, according to …
Read More2012 will be a great year for the Atlantic Canada Cruise Association
When you think of cruise ship destinations, Atlantic Canada might not immediately come to mind, but a growing number of Americans and Europeans are eyeing Atlantic Canada as a choice destination for a summer or fall cruise getaway. “We expect 2012 to be a great year,” said Betty MacMillan, chairwoman of the Atlantic Canada Cruise Association. “We’re expecting more than …
Read MoreHalifax house sales up 34% after Irving deal
The real-estate market in the Halifax area heated up after the announcement of a major ship-building contract, new figures show. The Nova Scotia Association of Realtors statistics show sales increased 34 per cent by November 2011, compared to a year earlier. Wayne MacIntosh, the president of the association, said he thinks it was a reaction to the $25 billion ship-building …
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