Browse by Tags
All Tags »
British Columbia (RSS)
The British Columbia Real Estate Assciation (BCREA) released a press release yesterday morning with the title More Homes for Sale - Welcome News for Homebuyers and indeed the inventory of homes for sale in British Columia is up. Sales were down last month,
Read More...
Hello again! I've been on holiday and also just been a bit lazy with the blog lately. I am trying to get back on the ball, as it were. Today the British Columbia Real Estate Association released their Spring 2008 Housing Forecast . I also heard BCREA
Read More...
Well, that's nothing new. Vancouver real estate is in the news almost everyday. The Vancouver Sun online has a story today titled 15 Real Estate Myths & Realities: The List. The article also includes the transcript of an interview by Christy Clark
Read More...
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,
Read More...
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
Read More...
I've been a lazy blogger this week. Not much in the way of big Vancouver real estate news, but I've been meaning to get out this post. On Monday this week Canadian building permit numbers for February were released and on Tuesday the Canadian
Read More...
The British Columbia Real Estate Association (BCREA) has launched a new website for REALTORS® and consumers all about "green" real estate called the Green Toolkit (for REALTORS®). I don't know why they had to include the "for
Read More...
This Earth Hour thing, in just it's 2nd year, seems to getting a lot of press this year. Not too suprising I guess given the media and public infatuationwith all things green these days. The hour is set for 8pm local time tomorrow, Saturday March
Read More...
I was away for Spring Break last week. Got back on Tuesday but have been busy catching up the last couple of days. Now its time to get you, and me , up to speed on the latest real estate news. The trend seems to be towards analysis of the future of the
Read More...
RBC Royal Bank released their quarterly (is it really the 2nd quarter already?) housing affordability report today and the news is not good on the affordability front. The report starts out by saying: Nationwide housing affordability deteriorated in every
Read More...
According to CMHC Vancouver housing starts were up over 100% last month compared to February 2007. This is good news for the newspapers, but what does this tell us that we didn't already know? Not much. The Vancouver market is healthy? Inventory is
Read More...
RBC Royal Bank released their 15th Annual Homeownership Survey yesterday and according to the survey less British Columbians are planning to buy a home in the next two years. A quote from the news release: “In 2008, we may see a shift in homebuying
Read More...
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
Read More...
Remax Canada released their Decade in Review report late last week and it revealed some interesting facts about the Vancouver real estate market . From 1997 - 2007 Vancouver did NOT have the highest residential MLS® average price appreciation in Canada.
Read More...
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
Read More...