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Real Estate Roundup May 28th 2010

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Real Estate Roundup

Real Estate News

Overvalued homes, higher mortgage rates drop hot resale market (Globe and Mail)

Home ownership costs rise across Canada (Globe and Mail)

Why flipping is not investing in real estate (Globe and Mail)

The pros and cons of hybrid mortgages (Globe and Mail)

Canada home prices expected to drop, costs to rise (Reuters) 

Foreclosure wave deemed unlikely (CTV)

House prices overvalued by 14 per cent in Canada: CIBC (Toronto Star)

Thefts at open houses a new worry (CBC)

House prices have become the steroids of the Canadian economy (Toronto Life)

Bank of Canada should hike interest rates: OECD (Toronto Star)

U.S.-style housing market collapse not likely in Canada, CREA says (Calgary Herald)

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