Real Estate News & Articles

Homes a bit more affordable now, but not likely to remain so

2005-09-01

Key role low mortgage rates play to change soon Ashley Ford Province Believe it or not, housing in B.C. is getting more affordable, if not less expensive. The bad news is that with interest-rate increases looming on the near horizon the pen…

Resort suites sell in four hours for $50 million

2005-08-31

Sun A new Ucluelet oceanfront resort sold out in just four hours Tuesday, with $50 million in real estate changing hands. Prices for suites in the 132-unit Black Rock Oceanfront Resort ranged from $235,000 to $825,000, the resort said. "The…

New home-sales record this year

2005-08-31

Rising rates no impediment Ashley Ford Province Led by record-breaking performances in B.C. and Alberta , Canada 's resale housing market is well on track to setting another selling record this year. The Canadian Real Estate Association sai…

Housing boom will end, Greenspan warns

2005-08-28

Province NEW YORK -- The U.S. housing boom is sure to end eventually, slowing spending and possibly leading to a drop in house prices, U.S. Federal Reserve chairman Alan Greenspan said yesterday. "The housing boom will inevitably simmer dow…

Looking out on a future past Grade 12

2005-08-28

EDUCATIONAL PLANNING: With university costs skyrocketing, it's time to start saving Wendy Mclellan Sun CREDIT: Arlen Redekop, the Province Vancity financial planner Leon Lau wants to set up RESPs for his own two children. It's almost time f…

Convention Centre - pile driving to be complete by Dec. '05

2005-08-27

Michael Scott Sun CREDIT: Steve Bosch, Vancouver Sun There will be about 900 piles -- about 49 kilometres worth -- holding up the expanded convention centre. The good news is that the pile driving at the convention centre expansion, the fir…

Resort condominium hotels one way to own recreational property

2005-08-27

Resort condominium hotels are a no-hassle way to own recreational property, while enjoying the opportunity to generate earnings and capital appreciation, two executives involved in an Ucluelet resort write Mike Duggan and James Askew Sun In…

To believe or not believe in the real estate bubble

2005-08-27

Some wait to cash in when bubble bursts, others think real estate is reliable Tom Everitt Sun Most adults don't share the same enthusiasm as my one-year-old daughter when it comes to bubbles. Over time, we discover that, unfortunately, what…

6 basic principles when it comes to advertising a property

2005-08-26

Other Who can advertise a listing? The most common query from members is about advertis­ ing. Who can advertise a listing? Who can advertise a listing that has sold? Can I advertise the selling price? The graphic below is an attempt to …

The Housing Bubble is only a myth

2005-08-26

Other Housing bubbleoney By Cameron Muir, Senior Market Analyst Canada Mortgage and Housing Corporation I must admit that I sometimes chuckle when bombarded by Vancouver ’s latest home-grown fad—Housing Bubble Mania. The armchai…

Local Van. custom glass fabricator will design anything for a price

2005-08-26

Sinks, sculpture, even walls and fences: City firm's work is beautiful and functional John Mackie Sun CREDIT: Steve Bosch, Vancouver Sun Joel Berman can supply artistic installations to meet any need, such as ... There aren't too many artis…

Concord Pacific to build two towers on CBC site

2005-08-26

Broadcaster plans to upgrade facility on Hamilton Street John Bermingham Province The CBC is pushing ahead with plans to develop its site in downtown Vancouver , despite an 11-day lockout of 5,500 employees across the country. The CBC has a…

Home buyers should be more aware of the cost of interest rate hikes

2005-08-26

Fiona Anderson Sun First-time home buyers are unaware of what increasing interest rates could cost them, according to a survey carried out by Royal LePage Real Estate Services and Scotiabank. The survey asked 711 first-time buyers how much …

Beware the impact of rising interest rates

2005-08-26

Ashley Ford Province CREDIT: Ric Ernst, The Province Despite having the highest real-estate prices in the country, Lower Mainland buyers continue to flock to the condo market Beware the impact of rising interest rates, potential homebuyers …

Pointe Claire strata owners try to block Flatiron tower from being built

2005-08-25

Pointe Claire residents lose fight to stop Flatiron Keith Fraser Province CREDIT: Wayne Leidenfrost, The Province The new tower will go in the open space between the buildings above, blocking the park views of neighbours. B.C.'s highest cou…

First two phases of New Westminster Condo project 80% sold

2005-08-21

Jeani Read Province CREDIT: Jason Payne, The Province The homes of The News aren't big, but they have big-city sleekness and have space-stretching layouts CREDIT: Jason Payne, The Province The homes of The News aren't big, but they have big…

If you rent, remember you need insurance too

2005-08-21

Tenants are not covered under their landlords' policies Michael Kane Sun CREDIT: Glenn Baglo, Vancouver Sun BCAA's residential insurance expert Patricia Stirling urges renters to get home insurance Lena Karlstrom is a fire victim with a dif…

From passion to profession, a single mouthful at a time

2005-08-21

WINE-TASTING: Love of grapes parlayed into one juicy job Donna Nebenzahl Province Sandi Marques demonstrates her wine-tasting technique. — CANWEST NEWS SERVICE/MONTREAL GAZETTE MONTREAL -- How does one turn a passion into a thriving b…

Let a keyboard or mouse be your travel accessories

2005-08-21

. . . I feel more in control than going through an agent Rosemary MacCracken Province PHOTO ILLUSTRATION — THE PROVINCE From her home or office, computer-savvy people like Mandy Moore can check out the destination she would like to vi…

Behind the megahouses

2005-08-20

Encouraging trend shows that giant dwellings really can be green Kim Davis Sun Canadians certainly like their space. Since the mid-1940s the average Canadian home size has increased by half, but the average number of residents/dwelling has …

Soaring prices put your dream mansion even further out of reach

2005-08-20

Bob Ransford Sun How much must a home cost before its owner (at least) might consider it a trophy home? I am not talking about your upper-middle class executive-style home or your edge-of-the-city hobby-farm home. I am talking about the kin…

Real estate sales surged in July

2005-08-20

Michael McCullough Sun Home sales across B.C. picked up in February after a slow January, returning to last year's record-setting pace. Though the number of units sold declined slightly from February 2004, to 7,404, dollar volume increased …

Economist warns of US slowdown, but is it a bubble

2005-08-19

An adjustment in the economy south of the border would affect B.C. as well Michael Kane Sun Spendthrift American consumers have set the stage for a dramatic economic slowdown that will spill across the Canadian border, a bank economist said…

One Wall Ctr., - Vancouver landmark inspires Glasgow tower

2005-08-19

Architects says One Wall Centre just the shape they need for city renewal project Randy Boswell Sun VANCOUVER SUN FILES One Wall Centre, the tallest highrise in Vancouver at 48 storeys, is the model for a 42-storey proposal in Glasgow Archi…