Category: News

Vancouver Real Estate

Canada will lead G7 in economic growth

Despite the recent slowdown, the International Monetary Fund said Wednesday it still sees Canada will be the leader in economic growth among major industrialized countries this year and next.

Vancouver Real Estate

Luxury home market booming in Metro Vancouver

The realty firm Re/Max is looking to British Columbia’s high-end home sales as one bellwether for its prediction that provincial real estate markets are settling into a period of stability, according to a forecast released Tuesday.

Vancouver - The Solar Ready City

Vancouver – The Solar Ready City

Bordered by the Coast Mountain Range and the Pacific Ocean, Vancouver is not only recognizable as one of the world’s most scenic cities but is renowned for its innovative programs in the area of sustainability.

Fears of double dip being overplayed

Fears of double dip being overplayed

Don’t listen to the naysayers, says the Conference Board of Canada, a double-dip isn’t in the cards.

Dire warnings of a return to recession fail to recognize one key factor, the board said: a slow recovery from this recession was expected.

Pace of housing price increases continues to slow

Pace of housing price increases continues to slow

Housing prices rose for the 15th straight month in July, but by the smallest margin in four months, according to a national index released Wednesday.

And for the first time in four months, prices failed to rise above the previous month’s in all of the six metropolitan areas measured in the Teranet-National Bank house price index.

Vancouver Real Estate

Vancouver records sharp increase in housing starts

Vancouver is one of five metropolitan areas in Canada that recorded sharp year-over-year increases in housing starts in August, according to figures released Tuesday by the Conference Board of Canada.

Vancouver Real Estate

Banks hold most of the cards in mortgage game

To understand the housing market and where it’s headed, it’s a good idea to take a close look at the big banks.

As providers of more than 60% of home loans in Canada they are major players, determining everything from who gets to be a buyer to what people can afford to pay.