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This is straight from a British Columbia Real Estate Association (BCREA) email I received today. I thought you'd be interested in some of the things the real estate industry does that don't make the news very often. Property rights protected This
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The Bank of Canada cut it's overnight rate by 50 basis points,or 1/2 a percent, to 3% this morning. The major bank will most likey respond with a cut in their mortgage rates. The rationale for the cut was that: Growth in the global economy has weakened,
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RBC reported today that they: We look for the Bank of Canada to slash the overnight rate by 50 bps to 3% and expect the statement will reinforce policymakers’ concerns about Canada’s economic prospects given the sustained volatility in financial
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Best Health magazine (from the people at Reader's Digest) has ranked Vancouver as the healthiest city in Canada. Vancouver ranked at the top of 5 of five of their 16 categories and was in the top 5 in 5 others. Here is what they said: Nestled between
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The Bank of Canada has cut the target for it's overnight lending rate by half a percentage point today and the major banks have already started to respond by lowing their prime lending rate by an equal amount. This will help to spurr on the Spring
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I have been working on this blog of about a year now and pretty early on Google graced me with a PageRank (or "PR" for short) of 1!!! It is not much obviously, but at least they noticed I was out there. Then 6 months ago, or so, my handy Google
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Not Chandler again! Didn't we have enough about him last year. He too has run out of money and his H & H and Garden City projects are too be completed by someone else. CBC broke the news just after midnight last night on their website. Take a
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Or rather, it stops hitting walls. CBC reported the other day that Bill Eden's Eden Developments had stopped construction of its only active development, the Sophia. In a situation eerily similar to the Riverbend development that cancelled the contracts
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Carole Taylor, wearing her new, greener shoes, released the budget yesterday in Victoria. The big news has been about the carbon tax that was introduced , but for first time homebuyers driving around in their cars looking for their first home the big
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As you may very well be aware tornadoes touched down in 5 states in the US this week killing at least 54 people and leaving thousands homeless. Their homes just blew away! We are so lucky in Canada, and especially Vancouver, that we live virtually without
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Yes it is Toque Tuesday in Metro Vancouver and volunteers are out around Vancouver, Surrey, Burnaby and New Westminster selling toques and baseball hats to raise money to support Raise the Roof and their efforts to eliminate youth homelessness. You can
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The BC Ministry of Small Business and Revenue has just released a new brochure that helps explain the first-time homebuyers program in British Columbia. Previous to this the only document available was a lengthy bulletin from the Ministry that contained
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The Bank of Canada (BOC) cut their overnight by 25 basis point and the U.S. Federal Reserve cut it's overnight rate by 75 basis points. The BOC says they were prompted to do this as “further stimulus is likely to be required in the near term
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I am excited to announce that I have created a blog about the False Creek neighbourhood of Vancouver . The blog is called the False Creek Comet and will focus less on real estate related stories and more on neighbourhood news, events, etc. Only a few
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I am bit late on this one as it was announced last week. The British Columbia Real Estate Association released the follownin press release after the provincial government announced it was lowering the Home Owner Grant Threshold: Vancouver, BC –
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