Real Estate News & Articles

Olympic village housing may return to developer

2007-01-27

Units to be handed back by city after 20 years if deal approved Frances Bula Sun The small amount of middle-income housing in the Olympic Village will revert back to the developer after 20 years if Vancouver councillors approve the deal rec…

Rogers rumoured in talks over iPhone

2007-01-27

Peter Wilson Sun Is Rogers Wireless on the verge of signing an iPhone deal with Apple to make the innovative new phone available in Canada? Well, if you believe the blogosphere -- and when has that ever been wrong? -- the negotiations are u…

Inexpensive way to start shooting digital

2007-01-27

Sun 1 Canon A460 five-megapixel digital camera, $230. Aimed squarely at first-timers in the digital camera space (although you wouldn't think there would be any of those left), the A460 is certainly an inexpensive way to get started shootin…

Smart - new 90 unit, 9 storey development by Concord at 100 blk. Powell

2007-01-27

Busby staff knew Smart buy when they designed one Chantal Eustace Sun Peter Busby knows good design -- and, he hopes, a good deal. When Smart, which he designed, went on sale last weekend, he was among nine members of his architectural prac…

Supply of condos is exceeding demand

2007-01-26

Study: Housing prices are driving many buyers out of the market Paul Luke Province Rising prices for condos across the Lower Mainland have triggered a jump in the number of unsold units in new developments, PricewaterhouseCoopers says. Aver…

The great gouge: Our property tax system is unfair, arbitrary and regressive. It's time for councils to adopt rational budgeting rules

2007-01-26

Harvey Enchin Sun Your home is your castle. Councils' tax policies should be changed so it doesn't become your poorhouse. Photograph by : Stuart Davis, Vancouver Sun, Files When British Columbia homeowners opened their letters from BC Asses…

Quick rise in number of unsold condos

2007-01-26

Pool of buyers who can afford to get into market is shrinking Derrick Penner Sun The rising inventory is likely because fewer buyers can afford to pay Vancouver's high-flying prices, Craig Hennigar, vice-president of PricewaterhouseCoopers …

Don't let emotions make real estate decision, author says

2007-01-26

Fiona Anderson Sun After buying her first apartment six years ago, and two others since, Vancouver Sun chief news editor Brenda Bouw has been inundated by single woman friends asking her to help them do the same. But unlike 25 years ago whe…

Weigh financial, lifestyle costs before taking real estate plunge

2007-01-26

Crunching affordability numbers only part of the equation for the single woman Sun The number of single women buying homes is on the rise across Canada. Royal LePage predicts 55 per cent of first-time homebuyers will be single women by 2008…

New-home sales strong in December, but post 17.3% drop for 2006

2007-01-26

USA Today WASHINGTON (Reuters) — Sales of new homes rose 4.8% in December and prices climbed 1.2% as the number of homes on the market decreased, but for the year, the Commerce Department said 1.061 million new homes were sold, down 1…

Heritage in hands of family societies

2007-01-25

Groups formed 100 years ago to protect people now set sights on buildings Lena Sin Province The Mah Society building in the 100-block East Pender Street in Vancouver was built in 1913 and is badly in need of restoration. Photograph by : Ger…

Up 264 per cent in 25 years

2007-01-25

Baby boomers and immigrants drove prices Ashley Ford Province Residential real estate has proven a solid investment for Canadians over the past 25 years, according to a study released yesterday by national real-estate company RE/MAX. The ba…

Izakaya crazy in the big city

2007-01-25

And some amazing small plates of food to match Mark Laba Province Host Yasuhiro Hayashi (left) and sushi chef Koji Zenimaru with sashimi at Kingyo. Photograph by : Jason Payne, The Province KINGYO Where: 871 Denman St., Vancouver Payment/re…

Taxpayers await final bill for overruns on convention centre job

2007-01-25

Vaughn Palmer Sun VICTORIA - The B.C. Liberals are still struggling with the Vancouver convention centre expansion, amid reports that the over-budget project is headed for another huge jump in cost. The waterfront project was launched as a …

Homes worth a castle to those owning since 1981

2007-01-25

Average price up five per cent per year, compounded, Re/Max study discovers Derrick Penner Sun Vancouverites who bought homes in 1981, weathered the market cycles, and managed to pay their mortgages down, have made what looks like a decent …

Fuel serves an all-round fabulous experience

2007-01-25

One couple was so impressed, they took a photo of a dish they particularly liked Mia Stainsby Sun Chef Robert Belcham (left) and sommelier Tom Doughty, co-owners of Fuel Restaurant, with fresh local pumpkin soup, seared weathervane scallop …

Nobody beats Mom, but Dragon Palace comes close

2007-01-25

Freshly steamed crab, exquisite jasmine duck among Chinese dishes done right at New Westminster eatery Alfie Lau Sun Dragon Palace manager Charles Zhao presents a Chinese-food feast. Photograph by : Glenn Baglo, Vancouver Sun As a Chinese-C…

Existing homes sales down 0.8% in December; 2006 drop is biggest since '82

2007-01-25

USA Today WASHINGTON (AP) — Sales of existing homes fell in December, closing out a year in which demand for homes slumped by the largest amount in 24 years. The National Association of Realtors says sales of existing homes fell 0.8% …

Whitecaps move proposed stadium to SeaBus site

2007-01-23

Relocation raises new issues, says city planner Jack Keating Province The Vancouver Whitecaps are proposing their new waterfront soccer stadium be built on a site that in-cludes the SeaBus Terminal. "That raises a new issue," said city plan…

This B&B offers you the sun, moon and stars

2007-01-23

Couple with asteroid bearing their name has lodging out of this world Scott Sutherland Province Stay the night and see the stars at Jack and Alice Newton's Observatory Bed & Breakfast on Anarchist Mountain near Osoyoos. Photograph by : …

Beware video cellphone reporters

2007-01-23

'Cameras are now in places were cameras never used to be' David Bauder Province NEW YORK - M ichael Richards in a West Hollywood comedy club and the authorities in Iraq who executed Saddam Hussein painfully learned that the prying eyes of t…

Closet-sized condo at $395,700 'a deal' in London

2007-01-23

Raphael Satter, Associated Press Sun LONDON - Location, location, location. Almost anywhere else, the tiny dilapidated studio wouldn't attract much more than mice. But this is London and the six-square-metre former storage room -- slightly …

Tips for mortgage shoppers

2007-01-22

Interest rates are low, but do the math on the newer products Province TORONTO -- The mortgage shopper has never had it so good -- nor so complicated. The overwhelmingly good news for the home shopper is about interest rates. The posted rat…

Technology: Apple awe turns sour

2007-01-20

So, you thought you wanted an iPhone? Well, we're here to tell you that that's so last week Peter Wilson Sun The new Apple iPhone was unveiled Jan. 9 at MacWorld Conference and Expo in San Francisco. Photograph by : Paul Sakuma, Associated …