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Linda Leatherdale, money editor of The Toronto Sun and host of MONEY LINE on Rogers Television, Lisa da Rocha, vice president, marketing and communications, Royal LePage Real Estate Services, and David Cravit, senior vice president, marketing, The 50Plus
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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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I came across an interesting and seemingly well thought out article in Canadian Business Magazine this morning. The title: Real estate: Nasty neighbours, by David Wolf. The subject of course is not so much will the US real estate meltdown effect the Canadian
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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
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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
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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
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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.
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Okay so Flag Day was on Friday and completly forgot. I even had this great picture to put in my flag day post to I am going to put it up today anyway. I took this one down at Granville Island on the deck outside the Public Market. Flag day is, according
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The article below first appeared in the REALTORlink newsletter for REALTORs on Febreuart 8, 2008. Trouble ahead? Will the US economy impact our real estate market? The downturn in the US economy has some Metro Vancouver home owners and home buyers worried
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Have you heard? Vancouver is in the running to be included in the latest Monopoly Here & Now: World Edition. Matel will choose the cities that will make the board based on voting on their website . Twenty cites will be nominated and then you will
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On Tuesday I attended the Real Estate Board of Greater Vancouver (REBGV) Conference and Trade Show at the Vancouver Trade and Convention Centre. I attended a few seminars and saw a few speakers. There were actually 2 very good keynote speakers and of
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Well suprise suprise!! In a housing affordability report released and titled "Housing affordability is forecast to improve in 2008" RBC has very little good news for us. The first words on the report state "Although the result is heavily
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Last night CBC TV's Wendy Mesley had a great story on Marketplace all about the risks inherent in buying a condominium at pre-sale from the developer (or the the marketing company they've hired). You can watch the video on CBC's website (which
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More good news for the Vancouver and Canadian real estate markets came today as Canada Mortgage and Housing Corporation (CMHC) released their reports on housing starts across Canada and from larger centres across the country. Across Canada housing starts
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