Real Estate News & Articles

U of T, IBM to build supercomputer

2008-08-14

Supercomputer to crunch Canada's most complex number problems Arielle Godbout Sun Canada's most powerful supercomputer - 30 times more powerful than the system used by Environment Canada to forecast the weather - will be built by IBM Canada…

Median home prices drop 7.6% as sales fall 16.3%

2008-08-14

Alan Zibel USA Today WASHINGTON — Home sales and median prices fell in the second quarter, the latest sign of the breadth of the housing market decline, according to report by the National Association of Realtors Thursday. Nevertheles…

More flooding at Cigar Lake boosts uranium suppliers

2008-08-14

Growing demand for nuclear energy prompts investors to look for other producers Peter Koven Sun TORONTO -- For Cameco Corp., it was another horrible setback. For the rest of the uranium market, it was a much needed shot in the arm. Investor…

Falling prices keep hurting homeowners

2008-08-13

CREDIT CRUNCH: House values outstripped by mortgages in the U.S. Province More than 90 per cent of Stockton, Calif., homeowners owe more than their houses are worth. --NYT NEW YORK — Almost one-third of U.S. homeowners who bought in t…

Housing-start figures standing up well

2008-08-12

Lower Mainland activity brisk Paul Luke Province Noma in North Vancouver The Lower Mainland homebuilding industry has taken heart from new figures showing the pace of residential construction staying robust so far this year. Brisk multi-fam…

Housing starts stay strong in Metro, fall off nationally

2008-08-12

Construction on pre-sold projects continues as market slows Derrick Penner Sun Housing starts across Metro Vancouver took a big jump in July as builders continued banging up new homes at a faster clip than in 2007, Canada Mortgage and Housi…

Brewer brings true non-alcoholic beer to B.C.

2008-08-11

Warsteiner's brewing process removes final 0.5 per cent Bruce Constantineau Sun Lothar Heinrich pours a tall glass of the zero-per-cent Warsteiner beer to be sold in B.C. liquor stores. Photograph by : Ian Smith, Vancouver Sun It looks like…

High home starts begin second half of 2008

2008-08-11

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Never cut legal corners

2008-08-10

Duplex or triplex? Even small stratas must hold proper agms Tony Gioventu Province Dear Condo Smarts: Our strata corporation is a small, three-unit townhouse complex. We are very informal about how we agree to pay for repairs and bylaw enfo…

Sophia 298 E 11th, Sophistication & Style in one of Van's trendiest neighborhoods

2008-08-10

Guarantees and a fresh array of high-end finishings revitalize project Kate Webb Province The Sophia, an 81-unit, eight-storey condo and townhome midrise on E. 11th Ave. has a new developer and solid guarantees for buyers. LES BAZXO –…

Get retro with iPhone alarm clock speakers

2008-08-09

Gillian Shaw Sun iF200 alarm clock and speaker system, Edifier Messenger Fusion Laptop Cases, Targus USB four-in-one Web Cam, Brando 1 iF200 alarm clock and speaker system, Edifier, $37 Edifier, which has its North American headquarters in …

Sophia 298 E. 11th Ave back on track

2008-08-09

'Location, location, location' huge draw for buyers Barbara Gunn Sun City and mountain views will not be in short supply at the Sophia new-home project, as demonstrated by the outlook from the show home's second-floor master bedroom. Photog…

''Downtown Vancouver is a forest of slender, green, condo skyscrapers

2008-08-09

Sun New mom Nicole Kidman has moved into a 4,100 sq ft home in Beverly Hills with baby Sunday Rose and husband Keith Urban. Reuters SHOWING THE WAY The attraction of downtown residency the subject of the story, The New Republic magazine rec…

will see a huge drop in demand in housing especially in the suburbs further from Downtown Vancouver

2008-08-09

The Vancouver real estate market won't likely crash, but let's plan for reality Bob Ransford Sun For some time, construction cranes have been a dominating fixture on the skyline in False Creek. When construction is finished, a new standard …

Filling the demand for senior housing

2008-08-09

Chaplin poised to be the King of Seniors Kim Pemberton Sun Michael Chaplin, who bought his first home at the age of 16, has two large senior projects currently underway in Mission and Creston. The 44-year-old developer plans to build more i…

Floating condo planned for ex-ferry

2008-08-09

Weekend trips away on the agenda Sun The Pacific Auora is selling cabins priced between $189,000 and $599m000 Marketing manager Mark Boyd says interest is high A former East Coast ferry, the previous planned reincarnations for which came to…

Telus, Bell to go ahead with fees for incoming texts

2008-08-08

Widespread cries of 'ripoff' fail to move the 2 telecom giants Meagan Fitzpatrick Province OTTAWA -- Bell Mobility's plan to charge some cellphone customers for incoming text messages takes effect Friday, despite the consumer backlash, a la…

Drop in the value of building permits worse than analysts expected

2008-08-08

City-by-city comparison 'fairly ugly' Province The Canadian housing market is continuing to cool with the value of building permits down 5.3 per cent nationally and 13.4 per cent in Vancouver. – AFP FILE PHOTO OTTAWA -- The value of b…

City buys land on Kingsway with eye to social housing

2008-08-08

Mary Frances Hill Sun VANCOUVER - The city has purchased an old auto shop at 1700 Kingsway with an eye to developing it into 70 social housing units, Mayor Sam Sullivan announced Thursday. The site, bought for $1.3 million, doesn't yet have…

Building boom cools off

2008-08-08

Derrick Penner Sun Photograph by : Ian Lindsay, Vancouver Sun, Files The value of building permits issued to contractors in British Columbia dropped by almost 22 per cent over the first half of 2008 compared with 2007, according to figures …

Material bends, stretches and conducts electricity?

2008-08-08

Julie Steenhuysen Sun CHICAGO - In the latest twist on electronics, Japanese scientists said on Thursday they have developed a rubbery material that conducts electricity, a finding that could be used to make devices that bend and stretch. T…

Major cities in Western Canada over valued by 10%

2008-08-08

Major cities in Saskatchewan, Alberta and B.C. are overvalued by 10 per cent, economists say as key construction indicator tumbles TAVIA GRANT Other As Canada 's housing market shows fresh signs it has exited the boom phase, Merrill Lynch e…

Vancouver Prime Property Deals are largely immune to fears of credit crunch

2008-08-08

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Proceeds of Crime Legislation is another $445M Federal Fiasco by CRA - Canada Revenue Agency that will inconvenience 600,000 Canadians

2008-08-08

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