Real Estate News & Articles

Burrard Bridge Marine Bar and Grill is the fifth in a growing string of restaurants

2009-06-18

Lively location adds to the flavour Mia Stainsby Sun Burrard Bridge Marine restaurant is known for its nautical theme and the pirate antiques around the room. Photograph by: Steve Bosch, Vancouver Sun BURRARD BRIDGE MARINE BAR AND GRILL 101…

BC Housing Industry is still fragile according to Royal Bank - Recession worst blows still to come

2009-06-17

Sharply shrinking economy will knock wind out of B.C. businesses' sails Paul Luke Province B.C.'s lumber-reliant forest industry will be stuck in survival mode because recovery in U.S home building remains elusive. Photograph by: Sam Leung,…

Tax collectors have the power in audits

2009-06-17

Civil investigations can turn into criminal Vern Krishna Sun The line between a civil audit and a criminal investigation is not always clear and the Canada Revenue Agency likes it that way. Photograph by: Jean Levac, Canwest News Service, F…

Tax collectors have the power in audits

2009-06-17

Civil investigations can turn into criminal Vern Krishna Sun The line between a civil audit and a criminal investigation is not always clear and the Canada Revenue Agency likes it that way. Photograph by: Jean Levac, Canwest News Service, F…

Mortgage brokers gain ground with first-timers: CMHC

2009-06-17

Other Mortgage brokers' share of the first-time homebuyers' market has increased to 44 per cent, up from 35 per cent in 2007, according to CMHC's 2009 Mortgage Consumer Survey. The survey - which polled 2,507 recent mortgage consumers - sho…

Vancouver area house prices up 16 per cent and not prices

2009-06-16

Province With the housing market continuing to rebound nationally, Greater Vancouver was second only to Edmonton in rising prices. — GETTY Greater Vancouver posted Canada 's second-highest increase in house sales last month. Sales in …

Plan for affordable rental units ‘cavalier’

2009-06-16

INCENTIVES PROPOSED: Anton objects to Louie

Tailor the Internet toward smartphones, Rogers urges

2009-06-16

Public appetite for the wireless devices insatiable, firm's CEO says Jamie Sturgeon Sun Rogers Communications Inc. plans to recast the definition of the Internet and how it is used as more Canadians transition toward smart-phones. "The noti…

Facebook - you can now register your own URL

2009-06-16

Nearly six million users sign up for new naming convention on social media site Gillian Shaw Sun Dustin Moskovitz (above) co-founded Facebook in 2004 with Mark Zuckerberg while the two were students at Harvard University. On Monday, the URL…

Metro Vancouver home sales jump

2009-06-16

Home supply still needs to be drawn down for widespread price increases Sun Home sales in Metro Vancouver jumped 16.4 per cent in May from a year earlier, according to figures compiled by the Canadian Real Estate Association. That comes at …

Housing starts jump 17% in May; wholesale inflation tame

2009-06-16

USA Today WASHINGTON — Construction of new homes jumped in May by the largest amount in three months, providing an encouraging sign that the nation's deep housing recession may be bottoming. The Commerce Department says construction o…

Tax rules of owning U.S. home - A complex formula for exemptions

2009-06-15

Paul Delean Province Q: Now appears to be a good time to buy real estate in the U.S. My wife and I are interested in areas of Florida and California . If I become a property owner in the U.S. , is there a tax impact on my Canadian assets? D…

Older stratas facing credit crunch

2009-06-14

Strata corps hold off on repairs as owners struggle with levies Tony Gioventu Province Dear Condo Smarts: We purchased our home last July for $385,000 and put five per cent down plus paid for our mortgage insurance and property purchase tax…

Google goes off road

2009-06-14

Trike takes images of hiking, biking trails Jefferson Graham Province MOUNTAIN VIEW, Calif. -- Meet the Google trike . It's the sequel, of sorts, to the Google Maps-mobile, a specially rigged car with an antenna, GPS and camera that snaps 3…

Retrofit program means big savings for renos

2009-06-14

GOVERNMENT GRANTS: Now you can get higher rebates for making home more energy-efficient MIKE HOLMES Province A specialist performs a blower door test for air tightness as part of a post-retrfit audit on a house. – CANWEST NEWS SERVICE…

Affordability consensus eludes builders

2009-06-13

First-time buyer, however, has her mind made up and wants quality 'specs' Kim Pemberton Sun Jen Natic is a 25-year-old first-time buyer who says buying the best she can buy will pay dividends. 'In a perfect world, I'd have a new place with …

Values grew in May after shrinking in April, computer analysis suggests

2009-06-13

Sun Since January, Landcor Data Corp. has been putting nearly 466,000 Lower Mainland addresses through its proprietary property-valuation software to help Vancouver Sun readers better understand local property values. In March, Landcor foun…

Welcome to Generation App - Apple iPhone Applications that has forever changed the way we live

2009-06-13

Our ever-evolving technology is a runaway train that has forever changed the way we live Shelley Fralic Sun Apple's new iPhone 3GS with its many applications that we can use to organize our entire lives is a sign of how technology keeps tak…

Three neighbourhoods buck housing trend as prices go — up!

2009-06-12

Vancouver, Richmond, Langley recession proof? Lena Sin, with a file from Jack Keating Province Realtors Jill Oudil and Terry Gardiner pose with a house they sold on Percival Avenue in Burnaby in the resurgent Market. JASON PAYNE – THE…

Peace and quiet make Langley Township a desirable place to buy

2009-06-12

Derrick Penner Sun Renee Tillmanns and her son Logan, 4, outside their Langley Township home that sold for $495,000, slightly above the Multiple Listing Service average price of $490,354 for the neighbourhood in April. Photograph by: Ian Li…

Property tax: How to deal with it

2009-06-12

Options include reducing it with homeowner grant and deferred payment Fiona Anderson Sun Just when you get one set of taxes all squared away for the year, it's time for another. This time it's property tax. But unlike income taxes, there is…

Jameson House developers win restart approval

2009-06-12

Derrick Penner Sun Developers of the high-profile Jameson House condominium project in downtown Vancouver won court approval on Thursday for a plan to restructure and get construction back on track. However, B.C. Supreme Court Chief Justice…

Vancouver home to highest rents

2009-06-11

Citizens struggle to put a roof over their heads, survey says Province Vancouverites pay the highest rents in Canada and have a tough time putting a roof over their heads, Canada Mortgage and Housing Corp. says. Monthly rents in the Vancouv…

Rents remain high as vacancy rates ease slightly in Lower Mainland

2009-06-11

New home prices dropping faster than in the rest of Canada Derrick Penner Sun Metro Vancouver home hunters are seeing relief on two fronts, with rental-apartment vacancy rates rising and new-home prices falling, according to new statistics …