• U.S. existing home sales will slide 4.6% this year, to 6.2 million, says the National Association of Realtors.  More importantly, median home prices could drop for the first time since the 1960s.  Thunder Bay Chronicle Journal Story
• Toronto Real Estate Blog has a good article on demand outpacing supply in the cottage real estate market. Among other notable points, a typical Canadian waterfront, land access property increased 13 per cent in the past year.
• TaxTips.ca offers a handy calculator to help you decide whether to pay down your mortgage or invest in your RRSP.
• Alternative mortgage lender Abode Mortgage is PMI Canada’s first mortgage insurance customer.  Abode says PMI’s insurance and securitization services will help expand Abode’s product offerings.  Press Release

Last modified: June 10, 2007