604homesblog

Government announces new HST/PST housing transitional rulesThe government today announced the HST/PST transitional rules on new homes. As the province transitions back to the PST, which will replace the HST effective April 1, 2013, measures to ease the HST burden on new home buyers include:The BC New Housing Rebate threshold will increase to ...

Are you looking for a new home for sale on the Westside of Vancouver. You have lots to choose from and wide range of prices and neighbourhoods as well.  There are 98 active lisitngs at the moment that are advertised as a 1 year old or less. Of those a few are actually lots and few might not be completed yet. Prices range from new bungalows ...

This has already been in the news and all, but I thought I'd mention it here. I broke this on Twitter 2 days ago actually, so if you are not following me there please do. Basically Onni Group, who usually does their own condo marketing, have partnered with MAC Marketing Solutions to sell off their existing inventory of condos in Port ...

I received a mortgage update email from one of my trusty mortgage brokers, Ray Mayer, just now and I thought the advice he gave was quite good and might be of interest to you. So I asked Ray if I could share it with you here and he said "NO! ". Just kidding, he said to go ahead and so with no further ado: While there is no upward ...

The day started off with some pretty good new in my inbox with an email from RBC letting me know that housing starts were up in August. As I have mentioned before I don't think monthly housing starts are too useful anyways, but up is always better news than down, well not always, but in this case... As we all know the Vancouver real estate ...

  The British Columbia Real Estate Association (BCREA), the Canadian Home Builders’ Association of BC (CHBA BC) and the Urban Development Institute (UDI) today announed the new "Presale Cross Reference List" to help consumers with understanding the risks, and opportunities, involved in buying real estate at pre-sale."Over ...

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 ...

Amongst all the news off increased listings and (slightly) decreased sales came the news earlier this week that housing starts are up so far this year in Vancouver. On Monday the Canada Mortgage and Housing Corporation (CMHC) announced that "preliminary" numbers indicate the starts up up 10% over the same period last year. Single family ...

Good old Gary Mason attended a lunch hosted by the Urban Development Institute where "Condo King" Bob Rennie spoke about who is buying Vancouver's super high priced condos these days. Apparently this was quite the hot ticket in Vancouver this week. Some examples of the prices paid for new development penthouses are quoted: The ...

ATTENTION - I has come to my attention that due to wonders of Google you may have arrived here looking for info about the ONNI Liquidation Sale. This post is not about that, but this one is so I hope you will check it out.   Onni Group is set to start pre-sales on one of their riskier developments to-date with the Chinatown ...