VANCOUVER, B.C. - March 2, 2010 -The Greater Vancouver housing market continued to experience strong demand from homebuyers and an increase in total property listings in a month where the eyes of the world were focused on the region.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver totalled 2,473 in February 2010, an increase of ...
VANCOUVER, B.C. - February 2, 2010 Diverse selection and favourable interest rates continue to drive demand in the Greater Vancouver housing market.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver totalled 1,923 in January 2010, an increase of 152.4 per cent compared to January 2009 when 762 sales were recorded and a 23.5 pe ...
Via: University of British Columbia | Jan 25th, 2010
Cities that win Olympic bids experience neither boom nor bust in their real estate prices, but gain construction jobs as they prepare for the Games, according to researchers at the Sauder School of Business at the University of British Columbia.
The UBC study is the first to use real estate variables to test the Games' economic impact on ...
Via: www.VancouverSun.com
Vancouver's director of planning says the proposal to allow four
new extra-tall buildings in downtown Vancouver would enhance the
city's skyline and not undermine the long-standing policy of
protecting views of the North Shore mountains.
"They are being artfully placed to not overwhelm the mountain views," said Brent Toderian. "They will be located in places tha ...
Vancouver, January 11, 2010 According to
Canada Mortgage and
Housing Corporation (CMHC), 1,010 new housing starts were
recorded in the Vancouver Census Metropolitan Area (CMA) for
December, nine percent lower than the same month a year ago. For
the year 2009, home starts in the Vancouver CMA totaled 8,339, down
from 19,591 for the previous year.
For the complete CMHC report click here
After beginning the year at near record low sales levels,
buyers' confidence in the Greater Vancouver housing market quickly
returned, allowing for significant and sustained increases in the
number of residential property sales for much of 2009.
The Real Estate Board of Greater Vancouver (REBGV) reports that
total unit sales of detached, attached and apartment properties in
2009 reached 35,66 ...
Via: The Vancouver Sun
VANCOUVER - B.C. home sales in November climbed 165 per
cent over the same month last year to 7,182 units, the B.C. Real
Estate Association (BCREA) reported Wednesday.
The month reflected the highest number of residential sales for November since 2005, when 7,721 units changed hands.
"Since the beginning of the year, we've seen a dramatic rebound in sales in the prov ...
Home values continued to edge upward in November as demand in
the Greater Vancouver housing market remains well above seasonal
norms.
Over the last 12 months, the MLSLink® Housing Price Index (HPI)
benchmark price for all residential properties in Greater Vancouver
increased 12.4 per cent to $557,384 from $495,704 in November 2008.
This price, however, remains down 1.9 per cent from the most ...
Scott Russell's REBGV President
November 2009 Podcast
The Real Estate industry is a key economic driver in British
Columbia. In 2008, 24,626 homes changed hands in the Board's area
generating $1.03 billion in spin-offs. The Real Estate Board of
Greater Vancouver is an association representing more than 9,400
REALTORS®. The Real Estate Board provides a variety of
membership services, includin ...
Via: The Vancouver Sun
OTTAWA - The days of bargain home ownership may
soon be over in Canada.
Mortgage rates are edging higher, there are fewer homes to choose from, and prices are rebounding from their recession lows.
At the same time, the cost of maintaining a home once you've purchased it is also creeping up.
Resale home prices rose 1.3 per cent in September, the fifth month in a row ...