Category: News

Canada building permits soar on single-family units

Canada building permits soar on single-family units

The value of Canadian building permits issued in September soared 15.3 percent from August, well above market expectations, on both residential and nonresidential building intentions, Statistics Canada data showed on Friday.

Home sales remain steady in Greater Vancouver

Home sales remain steady in Greater Vancouver

Greater Vancouver home sales have remained steady over the past four months, indicating stability in the residential housing market. With the MLS® sales to active listing inventory ratio indicating a buyers’ market, properties appropriately priced are selling.

B.C. Economic Forecast 2010 – 2013

B.C. Economic Forecast 2010 – 2013

B.C.’s economic growth will slow during 2011 in sync with the global economic slowdown, the winding down of fiscal stimulus, and a weaker comparison to the 2010 Winter Olympic boost.

UBC Vancouver

Rapid transit for UBC has priority over Surrey’s

The push for rapid transit to the University of B.C. is heating up, with the Alma Mater Society urging Metro Vancouver to make the issue an “urgent priority.”

Society president Bijan Ahmadian has sent a letter to the regional district saying rapid transit to UBC should be considered as “equally urgent” as that for south of Fraser communities in Metro Vancouver’s draft regional growth strategy.