604homesblog

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 look. I have to run right now, but I wanted to get the news out there. Hat tip to Victoria ...

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 of pre-sale buyers earlier this year The Sophia, located in Mount Pleasant, was ...

Well its Friday and Fridays are for fun and Vancouver housing starts aren't very fun, but CMHC just released the January housing starts numbers so here we are. Housing starts must for fun for someone. The numbers are good with housing starts for last month in Vancouver keeping pace with January last year. Detached (CMHC calls them "single ...

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 by the way is getting very good at combining TV and the internet). It is quite ...

On Tuesday the Bank of Canada (BoC) will release their latest interest rate announcement and in my "Daily Economic Update" from the Royal Back (or are they just RBC now?) they had this to say: "Recent indications of firm domestic demand, combined with the very firm tone in the labour market data lately, means we lean towards the ...

I heard some talk of this yesterday, but no specific project mentioned. Well low and behold my morning Vancouver Sun had it right there in the business section (apparently this is not front page news anymore) and also on cbc.ca. It seems that the Eden Group has cancelled their planned development in Mount Pleasant, The Elyse, at East 7th Avenue ...

The Canada Mortgage and Housing Corporation (CMHC) released their report on housing starts in September today. Housing starts were up 19.6% compared to August and this was mostly a result of an increase in starts on multi-family construction. “The rise in September housing starts reflects a strong multiple starts segment,” said Bob ...