604homesblog

Well, starting June 23rd, this form and ALL the info it asks for will be required by law in Canada for all real estate transactions. This is part of the Proceeds of Crime Money (Money Laundering) and Terrorist Financing Act which I am guessing was passed in reaction to 9-11. It sure asks for some detailed information. We will be asking for your ...

Straight from my Daily Economic Update from RBC (I wish they would quote the source of the stats. Maybe it is RBC itself.): The new housing price index was flat in April with the annual pace of increase slowing to 5.2% down from 6.1% in March. The house-only component fell 0.1% in April and the land component posted a 0.2% increase. On a ...

Quite the splashy title for the old RBC. As has been widely reported the Canadian market generally has cooled although it is cooler in some parts of the country (Calgary and Edmonton) than in others. The reports starts out talking about how the slow down of the real estate market was delayed by the  ... recent mortgage innovation that ...

In the "this is just a giant real estate ad" House Hunting section of the Vancovuer Sun today was an article (Title: Camp Report Released: Canadians have a balanced view of the real estate market) about a report that has been released by CAAMP, which is apparently the Canadian Association of Accredited Mortgage Professionals. The report, ...

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 week, BCREA and several other provincial organizations successfully lobbied the ...

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 REALTORS®" part because it looks like the site is full on good info for anyone ...

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 market and whether or not the boom is over. The Globe and Mail's Report on Business ...

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 ...

I will be down at the BC Real Estate Convention (in Ballroom A, B & C at the Vancouver Convention and Exhibition Centre at Canada Place) today from 4 till 6pm which is when it ends. This is the last day of this free convention/ trade show covering all aspects of the real estate industry. I will be at the Royal LePage Westside booth (booth #3) ...

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 ...