Real Estate News & Articles

Canadians lose $191B in falling stocks, house prices

2008-12-17

Eric Beauchesne Sun The ratio of debt — in consumer credit and mortgages — to net worth edged up during the quarter to 20.9 cents of debt for every dollar of net worth and to $1.27 of debt for every dollar of disposable income. …

No grandfather clause for owner needled by Xmas tree ban

2008-12-14

Tony Gioventu Province Dear Condo Smarts: Three years ago when I purchased my condo, real Christmas trees were allowed. This was a huge deal for me when I was looking. Two years ago the bylaws were updated and now we can only have artificia…

A guide for first-time homebuyers

2008-12-13

With prices hitting two-year lows, now may be first-timers' chance to get into the market Derrick Penner Sun Gathering of the clan — potential homebuyers, that is, as dozens check out a prospective property that’s available. Pho…

B.C. real estate prices hit 26-month low

2008-12-13

Sun British Columbia real estate prices hit a 26-month low in November, the B.C. Real Estate Association reported Friday as sales across the province fell by more than half. Photograph by : Bill Keay, Vancouver Sun files VANCOUVER - British…

Luzon at 12th and Arbutus to pamper residents with space

2008-12-13

High ceilings, balconies, plenty of glazing eliminate cramped- home feeling MICHAEL SASGES Sun DERRICK BELCHAM/ FOR WERTMAN DEVELOPMENT Attractively priced and centrally located, a Luzon apartment will pamper its household with that sense o…

Government key to city- shaping, history tells us

2008-12-13

False Creek re- purposing unimaginable without provincial, city hall leadership BOB RANSFORD Sun Two massive inner city real estate projects on the opposite shores of Vancouver False Creek should long live on as lessons in the role governme…

Photo frame is also a movie screen

2008-12-13

Sun Portable DVD Player/Digital Photo Frame, LG Electronics Talk Mobile, YUBZ iPanda, audio system with built in iPod docking station, Speakal Micro Grip for iPhone, Belkin 1. Portable DVD Player/Digital Photo Frame, LG Electronics, $249 I …

First new-home price drop in a decade

2008-12-12

Province OTTAWA — Led by cooling markets in Alberta and British Columbia, national prices for new homes declined month-over-month in October for the first time in more than a decade, Statistics Canada said yesterday. The average cost …

New home prices down for first time in decade

2008-12-12

Sun The prices for new homes are down for the first time in a decade, Statistics Canada said Thursday. Photograph by : Troy Fleece/Canwest News Service OTTAWA - Led by cooling markets in Alberta and British Columbia , national prices for ne…

Rental housing demand rises across the country

2008-12-12

Cost of home ownership, migration level forces more people to rent GARRY MARR Sun Rising home ownership costs are driving Canadians back into the rental market, according to Canada Mortgage and Housing Corp. The Crown corporation said Thurs…

Google releases finished version of Chrome browser

2008-12-12

Sun Screenshots of the Google Chrome browser. Photograph by : File SAN FRANCISCO — Google yanked the "beta" test label off Chrome, quickly putting a stamp of approval on its Web browser released in a direct challenge to Microsoft's ub…

Andrew Blais, local Surrey developer building 6 homes cannot find a buyer Evan after a 20% reduction

2008-12-12

Construction industry reeling as buyers and money supply dry up Jon Ferry Province Andrew Blais outside one of six homes he built in Surrey. Interest in the $999,999 house has vanished. We live in hard times. Exactly how hard, I'll leave it…

Property transfer tax is inefficient

2008-12-10

DON CAYO Sun Anyone with half a brain — and it’s not clear this necessarily includes the taxman — needs no in-depth study to finger property transfer taxes as a perverse way for governments to raise money. For consumers, t…

Whistle's Condos - Phase 1 & Phase 2 Explanation

2008-12-10

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There are 4178 new condos under construction to arrive in 2010 & 2011 with at least 800 unsold units in Metro Vancouver

2008-12-10

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City of White Rock gives Bosa $3.4M Loan to finish Miramer Village

2008-12-10

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Offshore Real Estate Prices Incl Hawaii are at '90's levels

2008-12-10

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BC ski resorts prices slashed - good time to buy

2008-12-10

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Aviglion Corp. - a Vancouver Company sells security cameras & software all over the world

2008-12-10

Providing a full security package is their competitive edge, company says BRIAN MORTON Sun Alexander Fernandes is president and CEO of Avigilon Corp., a Vancouver company that sells security cameras and software. Vancouver-based Avigilon Co…

Cooling new home market to get 'significantly worse'

2008-12-09

House building falls to seven-year low Garry Marr Province A construction worker swings his hammer at a new home development in Ottawa. November's decline in housing starts was sharper than what economists were expecting. Photograph by : Ch…

Housing slump eases home affordability a bit in Metro, RBC says

2008-12-09

REAL ESTATE Sales slowing, too, but analyst doesn

Pending home sales slip 0.7% in October

2008-12-09

USA Today WASHINGTON (Reuters) — Pending sales of existing homes fell less than expected in October, Realtors said Tuesday, raising cautious optimism of some stability in the distressed housing market. The National Association of Real…

Canadians risk of experiencing a US style metldown is remote according to Rober Hogue - Senior Economist for Royal Bank

2008-12-09

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Bank of Canada lowers overnight rate target by 3/4 percentage point to 1 1/2 per cent

2008-12-09

Other OTTAWA – The Bank of Canada today announced that it is lowering its target for the overnight rate by three-quarters of a percentage point to 1 1/2 per cent. The operating band for the overnight rate is correspondingly lowered, a…