Buyer’s market conditions continue in Greater Vancouver

Buyer’s market conditions continue in Greater Vancouver

Conditions in the Greater Vancouver housing market continued to favour buyers in August. Since April, prices have edged down slightly as the number of sales and the number of properties coming on to the market have been declining.

The Real Estate Board of Greater Vancouver (REBGV) reports that the number of residential property sales in Greater Vancouver totalled 2,202 in August 2010. This represents a 36 per cent decline from the 3,441 sales in August 2009, the second highest selling August ever recorded, and a 2.4 per cent decline compared to July 2010.

Smoke Free Parks

Smoke Free Parks

Vancouver has joined a long and growing list of cities and regions in North America and internationally that ban smoking in parks and on beaches. Vancouver’s ban takes effect September 1, 2010: after that smoking in all 224 parks will be prohibited.

Healthy Lunches

Make healthy lunches kids will want to eat

OK kids, fun is over. It’s back to school and back to routines. The season of campfire hotdogs and ice cream cones and water parks is done, more or less.

For moms and dads, that means getting their act together for school lunches.

Canary Derby

Canary Derby 2010

The fifth annual Canary Derby once again brings together the technology and business communities of Victoria and Vancouver, Canary Foundation of Canada, and BC Cancer Foundation to help support early detection cancer research.

House

Doom and gloom predicted for Vancouver house prices

A new doomsday report warns Vancouver’s housing market could be hit by a burst bubble — and a drop in prices by as much as 30 per cent.

The threat of a giant, synchronized real estate bubble looms over all six of Canada’s major cities, says the report released by the Canadian Centre for Policy Alternatives.

Vancouver real estate ‘bubble’ an ‘accident waiting to happen’

Vancouver real estate ‘bubble’ an ‘accident waiting to happen’

Steep housing price increases in six of Canada’s hottest real estate markets since 2002 have all the hallmarks of an “accident waiting to happen” if mortgage rates rise too sharply, warns a new report.

Housing prices due to fall

Housing prices due to fall

Canada’s major metropolitan housing markets are looking awfully bubbly and are due to burst, says a report released Tuesday.

The report, entitled Canada’s Housing Bubble: An Accident Waiting to Happen, by the Canadian Centre for Policy Alternatives, looks at prices in Toronto, Vancouver, Calgary, Edmonton, Montreal and Ottawa.

China

Wired youth forget how to write in China and Japan

Like every Chinese child, Li Hanwei spent her schooldays memorising thousands of the intricate characters that make up the Chinese writing system.

Yet aged just 21 and now a university student in Hong Kong, Li already finds that when she picks up a pen to write, the characters for words as simple as “embarrassed” have slipped from her mind.