Real Estate News & Articles

Ranks of home hunters thinning out

2008-03-05

Numbers looking for a place to call home slip on waning economic confidence and affordability LORI MCLEOD Other Canadian consumers are taking a more bearish outlook on the housing market, with home buying intentions slipping to their lowest…

Canadians spending more to build new homes, fix old ones

2008-03-04

$88.7 billion spent on residential construction in 2007, up from 2006 Province OTTAWA -- The total value of residential construction investment in Canada for 2007 reached $88.7 billion, an increase of 8.5 per cent compared with 2006. Yester…

Construction, renos drive up housing investment

2008-03-04

Sun New Calgary homes: 'The only way we achieved such [record] gains was due to the cost escalation in the construction market,' one analyst says. Photograph by : Mikael Kjellstrom, Canwest News Service, Files CALGARY -- Despite a moderatin…

Rio Tinto bullish on upgrade of Kitimat smelter

2008-03-04

$2-billon plan awaits final word, but CEO for Alcan's owner sounds optimistic Scott Simpson Sun Rio Tinto CEO Tom Albanese: Kitimat smelter a strong candidate for renewal. Photograph by : Ian Smith, Vancouver Sun A final decision won't come…

Residential construction gaining

2008-03-04

Total value in Canada increases 8.5% in 2007 Sun OTTAWA -- The total value of residential construction investment in Canada for 2007 reached $88.7 billion, an increase of 8.5 per cent compared with 2006. Monday's report from Statistics Cana…

Close to Home: Prices plummet in Lansing, Mich.

2008-03-04

Noelle Knox USA Today James Ratcliff is selling this two-story brick home, built in 1996 on the Grand River. This 6-bedroom home with a 3-car garage, a boathouse and views of a waterfall and river is the most expensive on the Lansing market…

Bank of Canada slashes interest rates

2008-03-04

KEVIN CARMICHAEL Other Globe and Mail OTTAWA — The Bank of Canada dropped its key lending rate by half a percentage point, and indicated that further cuts will be needed to insulate Canada from the effects of a U.S. economy that teete…

Buffet. US. in recession

2008-03-04

Other Download Document

Withdrawing RRSP funds can be good for students, home-buyers

2008-03-03

Keith and Kevin Greenard Province The Home Buyers Plan may be a good idea for the first-time home-buyer. Saving for education or buying a home often have higher priorities for young people than contributing to an RRSP. But the Home Buyers P…

Do's and don'ts of recording strata-council meetings

2008-03-02

Tony Gioventu Province Dear Condo Smarts: Our strata council is having a serious dispute over the scheduling and conduct of meetings. We have six council members and three want a conference call every second month to save time, but the othe…

Do's and don'ts of recording strata-council meetings

2008-03-02

Tony Gioventu Province Dear Condo Smarts: Our strata council is having a serious dispute over the scheduling and conduct of meetings. We have six council members and three want a conference call every second month to save time, but the othe…

Logitech remote has high-tech features

2008-03-01

Sun Harmony One, Logitech, $280 The $10 remote control just doesn't cut it anymore. Now that you've got your new high def television and the format war is over with Sony's Blu -ray coming out the winner, isn't it time you splurged for a sim…

Construction boom 'winded'

2008-02-29

Longest post-war success story now 'out of breath' John Morrissy Province The Conference Board of Canada is warning of "a lengthy slowdown" in Canada's residential construction industry. It's forecasting that profits --already off 22 per ce…

Sophia condo project falls into receivership

2008-02-29

Developer cites municipal strike, labour costs, contractors who abandoned job Derrick Penner Sun CONSTRUCTION HALTED: The Sophia, an upscale condominium project in Mount Pleasant near 11th and Main, is in financial difficulties even thought…

More Americans using credit cards to stay afloat

2008-02-29

Kathy Chu USA Today Christie Carlson swipes her credit card at a gas station in Tomah, Wis. It's "just impossible" not to use credit cards, the 34-year-old single mom says. Seven years in the credit-counseling business didn't prepare Ann Es…

Chandler H & H project in receivership by Bowra Group - David Bowra says project will be finished with the vast majority of pre sale buyers getting their homes at the price they paid

2008-02-29

Glenda Luymes Province Builders group advises presale condo-buyers not to panic The Greater Vancouver Home Builders Association is urging presale condo-buyers not to panic as condominium projects go into receivership. "The sky is not fallin…

Bernanke not afraid to trim interest rates

2008-02-28

Rising inflation among risks to further growth Province WASHINGTON -- U.S. Federal Reserve chairman Ben Bernanke yesterday signaled a readiness to cut interest rates again to prevent further damage to the weak U.S. economy, even as he took …

Don't listen to the gloomers

2008-02-28

Ozzie Jurock Sun Ten years ago, I wrote a story with a similar headline to the one above. Condominiums in False Creek were going down in value and the gloomers were out in force. In 1999, I wrote about the gloomers and five years ago I wrot…

Lineup at Bhavan equals good food, great price

2008-02-28

Vegetarian Heaven. For really great value order the Saravanaa special meal, a platter of curries, pickles and breads Mia Stainsby Sun Jim and Tara Travis of Vancouver enjoy paper dosas served to them by chef Veera Pondy at Saravanaa Bhavan …

Ramen man knows his noodles

2008-02-28

Kyoto native's new West End restaurant promises to heat up competition among Japanese soups spots Mia Stainsby Sun Benkei Noodle Shop customers Edward Matsuyama and son Tomoki, age 3, enjoy bowls of ramen at the Robson Street restaurant. Ph…

Liquer to food ratios permitted in BC restaurants

2008-02-28

Other Download Document

U.S. banking sector headed for meltdown, official says

2008-02-27

Banks face massive loan losses because of defaults on debts and housing-price slide Duncan Mavin Sun TORONTO -- The U.S. banking sector is headed for a credit downturn that will be "the worst in generations," featuring widespread defaults o…

Real estate remains buoyant in Canada

2008-02-27

Odds of overbuilding estimated low Mario Toneguzzi Sun CALGARY -- Canadian real estate markets remain "remarkably buoyant," especially in light of the deepening housing downturn in the United States and the generally softening conditions in…

Federal Reserve Chairman Ben Bernanke signals another rate cut

2008-02-27

Jeannine Aversa USA Today Federal Reserve Chairman Ben Bernanke told Congress that the central bank is prepared to take action if growth is threatened, despite heightened concerns about inflation. WASHINGTON — Federal Reserve Chairman…