Real Estate News & Articles

E-mail virus pumping stocks

2007-08-04

'Healthy dose of suspicion' the best way to protect computer Vito Pilieci Sun Hackers have taken the computer virus to a new level with an elaborate "pump-and-dump" scheme that manipulates stock prices, experts say. The Storm, a worm progra…

CONDOS SELL WELL

2007-08-04

Sun Condominiums continued to be the most saleable new home type in the Greater Vancouver Regional District in the first six months of 2007, with 76 per cent of all products being sold, reports MPC Intelligence Inc., which tracks trends in …

$10 million penthouse tops off Harbour Tower

2007-08-04

5,800-square-foot home, pool unique in careers of builder and broker cap construction Sun Grace Kwok (in a sub-penthouse show home) takes an expansive view of the $10 million Amacon is seeking for the penthouse: it’s a lot to ask here…

Canada Revenue Agency (CRA) will tax any vacation property outside Canada but you can claim a credit for foreign taxes paid on your Canadian return

2007-08-04

Jamie Golombek Other Your vacation property may be located beyond Canada 's borders, but that doesn't mean that it is outside the reach of the tax man. As a resident of Canada , you are taxed on your worldwide income. When you dispose your …

American Home Mortgage giant shuts its doors, lays off 6,000

2007-08-04

Other NEW YORK - American Home Mortgage Investment Corp., one of the country's biggest mortgage companies, ceased new business yesterday and blamed its woes on the stricken U.S. housing market and a related credit crunch. Numerous mortgage …

The Lower Mainland housing market continues to defy the experts.

2007-08-03

Sales refuse to slow just because experts say so Gordon Clark Province The Lower Mainland housing market continues to defy the experts. Despite a general view by analysts that sales would slow this year, the real-estate boards for the Frase…

Investors linking subprime woes to equities

2007-08-03

U.S. fears 'unwarranted' Anne Howland Province A vacant house is for sale in Denver, Colo.'s Green Valley Ranch neighborhood, an area hard hit with foreclosures. Photograph by : Reuters OTTAWA -- Canadian investors have been "throwing out b…

Changing Times, Changing Names. Vancouver and its surrounding municipalities have been known by a number of different terms over the past century.

2007-08-03

Chad Skelton Sun LOWER MAINLAND First Used: The term Lower Mainland is believed to have been used as early as the first non-native settlements in southwest B.C. Meaning: "Lower Mainland" remains one of the most common ways to describe the r…

Surging real estate prices defy expectations, again

2007-08-03

Derrick Penner Sun Lower Mainland real estate markets defied the expectations of analysts last month, posting the second-highest level of sales for July in Greater Vancouver and the third-biggest July in the Fraser Valley . Projections had …

Investors' subprime worries not warranted

2007-08-03

CIBC says it will not have a major impact on global growth Anne Howland Sun OTTAWA -- Canadian investors have been "throwing out babies with the U.S. mortgage bathwater," says a new report from CIBC World Markets' senior economist Avery She…

The opening gambit in plans for Riverview

2007-08-02

B.C. government shows it's serious about helping people who are mentally ill, but the details have to be worked out Sun Last November, Vancouver Sun reader Sandra Latreille wrote a letter to the editor in which she suggested redeveloping th…

City of Vancouver doing the heavy lifting on homeless

2007-08-02

Coquitlam opposes Riverview plan, but city's inaction is telling Pete McMartin Sun In the course of doing this job, and in the course of living in a suburb, I have heard, uttered in various degrees of disgust, the following comment hundreds…

Central City sells for $246 million

2007-08-02

Once ridiculed ICBC property development nets profit of $39 million Michael Kane Sun Surrey 's award-winning Central City development has been sold for $245.75 million in what is believed to be British Columbia 's biggest real estate deal i…

Google Finance launches Canadian site

2007-08-02

Derrick Penner Sun Google , the giant of Internet search engines, has launched a Canadian version of its Google Finance website to challenge rivals such as Yahoo in the field of business information. Google knew Canadians wanted a nation-sp…

Tiny downtown condos make small space design big news

2007-08-02

Sun When decorating small spaces, reduce any contrast of colors in the design elements and accessories to help expand the room. Condos, apartments, and smaller homes all offer unique design challenges: will everything fit, which colors shou…

Tiny downtown condos make small space design big news

2007-08-02

Sun When decorating small spaces, reduce any contrast of colors in the design elements and accessories to help expand the room. Condos, apartments, and smaller homes all offer unique design challenges: will everything fit, which colors shou…

There's a whole lot of fish in this sea

2007-08-02

A recent burst of new restaurant openings shows Vancouverites aren't losing their appetite for dining out Mia Stainsby Sun Goldfish, Bud Kanke’s newest restaurant offering, has a casual, energetic atmosphere. The diners who plop tony …

Refreshing drinks, authentic fare makes Mi Mexico a hit

2007-08-02

Owner Roberto Molina leaves the cooking to Aunt Dona, who ran an eatery in L.A. for seven years Alfie Lau Sun 'We have a lot of Mexican jockeys from Hastings Park who come here because the food is a lot like what they get at home,' says own…

Quality meat the secret ingredient

2007-08-02

So.cial Butcher Shop and Deli reminiscent a of those found in French or Italian villages Mia Stainsby Sun Sean Cousins, who runs So.cial Butcher Shop & Deli on Water Street, displays the mortadella sandwich. Photograph by : Ward Perrin,…

Laser-printer particles pose lung hazard: Study

2007-08-02

LIKE SECOND-HAND SMOKE: Indoor air pollution levels increase 5-fold with the machines JANE KAY Province SAN FRANCISCO CHRONICLE — Scripps Howard If you work near certain models of laser printers, you might be breathing the same amount…

Amacon boss stretches out at $10-million penthouse

2007-08-02

Melville's condos average 925 sq ft, priced $500-plus per foot Malcolm Parry Sun Amacon president Marcello de Cotis showed the Melville’s $10-million penthouse as David Brooke and Melissa Stefanopoulos enjoyed its lap pool NINE, TEN, …

Civic strike hammers contractors

2007-08-01

'All this added cost will go to the bottom line and stop at consumers' Ashley Ford Province Vancouver building contractors and developers say they are being hammered by the ongoing Vancouver civic strike. Hundreds of millions of dollars in …

B.C. homes still nation's most costly

2007-08-01

If current trends continue, 2007 will be record year for sales Province OTTAWA -- House prices across the country have hit new record highs this year, but higher lending rates could slow down the rise in home buying, according to an industr…

Canada’s vacation resorts cater to eco-friendly tourists

2007-08-01

GOING GREEN: Market grows for sustainable getaway places KATHRYN YOUNG Province Windmill Developments, one of Canada’s top green builders, is building a 38-cottage eco-resort along the Ottawa River Cottages at Whitewater Village will …