Real Estate News & Articles

Stolen credit-card boom

2008-12-08

CYBERCRIME: Millions of illegal deals made in underground trading STEVE MAKRIS Province Thousands of illegally obtained credit-card numbers are bought and sold every day. EDMONTON — Your credit cards are worth more than you think in t…

Stolen credit-card boom

2008-12-08

CYBERCRIME: Millions of illegal deals made in underground trading STEVE MAKRIS Province Thousands of illegally obtained credit-card numbers are bought and sold every day. EDMONTON — Your credit cards are worth more than you think in t…

BCTV News Clip Dec. 8, 2008 re: Housing Bubble - People walking away from pre-sale deals

2008-12-08

Sun BCTV News Clip Dec. 8, 2008 re: Housing Bubble - People walking away from pre-sale deals

Council leaked owner’s personal business to strata busybody

2008-12-07

Tony Gioventu Province Dear Condo Smarts: I made an application to my strata council in October for a hardship exemption from the strata rental bylaws. The strata council requested that I provide them with personal financial information as …

Quebec Corner is a ‘ contemporary design’ townhouse- addition to Mount Pleasant

2008-12-06

Where old and new intersect Sun The eight-residence Quebec Corner project is the biggest undertaking by its developer, Summit Development, in the company’s eight years. The architect is b2architecture inc. Quebec Corner Project locati…

Yuletide selling

2008-12-06

Ozzie Jurock F.R.I. Sun We say it every year ... if you have to sell do not worry about the time of year. Properties do sell in December. Some Realtors (myself included — in an other lifetime) have their best month of sales in Decembe…

Concord Pacific to finish Phase 2 of Surrey towers

2008-12-05

Surrey's Infinity project will go on Glenda Luymes Province Concord Pacific has entered into an agreement to complete the second phase of the $350-million, five-tower project in the heart of Surrey . Construction on the second and third Inf…

Convention centre to open on time

2008-12-05

Final budget to hold at $883.2 million, boss says Frank Luba Province A supervisor discusses progress on the Vancouver Convention Centre expansion, which is due for completion in March for $883.2 million, up from the original budget of $495…

Building permits down

2008-12-05

Value falls everywhere except Quebec, Nfld. Province Experts say the pace of commercial building activity in Canada is throttling back quickly as the economy cools. OTTAWA — The value of Canadian building permits dropped 15.7 per cent…

B.C. residential building permits plunge 26 per cent

2008-12-05

StatsCan report finds this province has recorded steepest decline Derrick Penner Sun In B.C. the total value of building permits, including non-residential permits, dropped by just 5.2 per cent, buoyed by a 32.8-per-cent increase in non-res…

Making sense of today’s housing market

2008-12-05

The local slowdown should not be confused with the collapse in the U. S. Dave Watt Sun Residential housing prices in Greater Vancouver have dropped by 12.8 per cent since May this year, resulting in an 8.3-per-cent year-to-date decline. TIM…

Home-sales stability to return in 2009

2008-12-04

Victoria, Kelowna prices hit hardest by this year's market decline Province Signs, such as this one from August, 2006, offering real-estate price reductions may be returning to Vancouver as home sales stay flat in 2009 Victoria and Montreal…

Prawn envy? OK, I admit it

2008-12-04

TRANQUILITY: But a wide array of tasty dishes tickled my complexes Province Bon Tsang (left) and Vieny Phan show off dishes. -- SAM LEUNG — THE PROVINCE When I crave pho I usually look for a disco ball. And neon and chrome and a wide …

No convention-al wisdom on VCC

2008-12-04

One hundred days out from completion, debate still rages over whether the city

Recession threat to weigh on real estate in ’ 09, analysts say

2008-12-04

DERRICK PENNER Sun Real estate markets in 2009 will be mired in the economic slowdown and their performance will depend on how government stimulus affects consumer confidence, the realty f irm Re/ Max said Wednesday. In its 2009 outlook, Re…

Over- budget convention centre a good investment, fans say

2008-12-04

Project attracted controversy as costs shot from $ 495 million to about $ 883 million LORI CULBERT Sun The Vancouver convention centre expansion’s green roof overlooks Coal Harbour. GLENN BAGLO/ VANCOUVER SUN Those who are building it…

Jameson House at 838 W Hastings project developers Pappajohn Family being sued for $32M by Quest Capital Corp

2008-12-04

Neal Hall Sun Quest Capital Corp. has filed a legal action against thee Vancouver businessmen who are allegedly involved in a $32-million loan that is in default. Named as defendants are James George Pappajohn , Thomas James Pappajohn and A…

Ideas for those gleeful over gizmos

2008-12-03

MOSTLY LISA

Lower Mainland’s home sales figures drop into basement

2008-12-03

Province November blew a deepening chill into the Lower Mainland realestate market, figures released yesterday show. Year-over-year home sales in Greater Vancouver plunged by 69.7 per cent in November from the same month a year earlier, the…

Real estate sales grind to standstill in November

2008-12-03

Derrick Penner Sun The so-called benchmark price across all property types hit $495,704 in Nomvember, a 13 per cent fall from May, and 8.3 per cent below the same month a year ago. Photograph by: CNS files METRO VANCOUVER — The correc…

Falling rates spark rush to mortgage applications

2008-12-03

Stephanie Armour USA Today The number of home buyers applying for mortgages surged by a record amount last week in response to aggressive federal efforts to lower mortgage rates. Mortgage applications more than doubled in the holiday week e…

Developments worth almost $ 2.4 billion

2008-12-02

Projects list grows ahead of storm DERRICK PENNER Sun Wall Centre Richmond - $250 Million Hotel Georgia redevelopment - $400 Million UBC-Okanagan engineering management building BC Place Stadium upgrades Grand Villa Casino expansion, Burnab…

Sales down 70%, prices down 13% since May 08 according to Vancouver Real Estate Board

2008-12-02

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BC House prices may drop another 20% according to CIBC economist Benjamin Tal

2008-12-02

DERRICK PENNER Sun Canada is in the grip of a recession that will see housing prices deflate about 10 per cent nationally and perh a p s u p to 20 p e r ce n t i n B r i t i s h Columbia, according to Benjamin Tal , a senior economist at CI…