604homesblog

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 skewed by western Canada’s housing costs, typical Canadians, on average, now have to give ...

The big real estate news in Vancouver yesterday was Canada Mortgage and Housing Corporation (CMHC) release of the November housing starts numbers. Nationally housing starts were stable compared with October, but in Metro Vancouver housing starts were the highest in 30 years.  “Housing starts remained strong in November and are ...

If you purchased a pre-sale home, townhouse, or condominium in the past few years and it hasn't completed yet you might have been thinking you could save 1% if it completed after the new year. It looks like this is not the case. The British Columbia Real Estate Association sent out the following memo in regards to the reduction in the GST as ...

Yesterday Royal LePage released its Eco Home Survey that found that 88% of Canadians want green features in their homes and many are willing to pay more for them. In fact 62 per cent are willing to pay between $5,000 and under $20,000, for green features, while eight per cent (8%) of respondents are willing to spend $20,000 or more on a green ...

Today the Canada Mortgage and Housing Corporation announced the findings of their latest Rental Market Report - Major Centres. Although other major cities saw both increases and decreases in rental affordability, Vancouver remained stable. While Montreal is the most affordable rental market, affordability is improving in Toronto, but decreasing in ...

Canada  Mortgage and Housing Corportation (CHMC) today released their annual report on the state of housing in Canada, the 2007 Canadian Housing Observer. The focus of the report is sustainable housing. Really isn't it the focus of everything these days. Any company or organization who can make any connection to the environment seems ...