Commercial real estate sales in the Lower Mainland exceed $5 billion in 2012 – Metro Vancouver Real Estate News March 2013
Commercial real estate in the Lower Mainland eclipsed $5 billion
Tagged: Real Estate News
Royal Bank hikes mortgage rates – Greater Vancouver Real Estate News August 2012
The Royal Bank of Canada raised two of its mortgage rates by one-fifth of a point each.
Home Sales Decline in Vancouver, but Surge in Rest of BC – Greater Vancouver Real Estate News August 2012
The British Columbia Real Estate Association (BCREA) reports that the dollar volume of homes sold through the Multiple Listing Service® (MLS®) in BC declined 12.9 per cent to $3.1 billion in July compared to the same month last year. A total of 6,482 MLS® residential unit sales were recorded over the same period, down 0.8 per cent from July 2011.
July home sales in Vancouver drop to lowest level since 2000 – Greater Vancouver Real Estate News August 2012
July home sales in Vancouver, once the country’s hottest real estate market, continued to slide and hit their lowest total for the month since 2000.
How can you know if you are financially ready to become a homeowner? – Greater Vancouver Real Estate 2012
This step guides you through some simple calculations to figure out your current financial situation, and the maximum home price that you should consider.
Financial advisors unconvinced new mortgage rules are better – Greater Vancouver Real Estate News July 2012
Finance Minister Jim Flaherty recently introduced changes to the mortgage rules, ostensibly as a means of reining in runaway consumer debt.
Vancouver city council approves Aquilini’s three new highrise towers beside Rogers Arena – Greater Vancouver Real Estate News July 2012
Rogers Arena is set to welcome hundreds of new neighbours after Vancouver city council approved the development of three new highrise towers by Aquilini Developments and Construction, run by the same family that owns the Canucks.
June real estate data shows sales, prices softening – Metro Vancouver Real Estate News July 2012
Canada’s real estate market is showing signs of cooling off with national home sales and the average home price down year over year, indicators that have at least one senior economist wondering if the once red hot market is entering a “Big Sleep.”
B.C. issues highest number of building permits since 2007 – Metro Vancouver Real Estate News July 2012
British Columbia municipalities issued building permits in the first five months of 2012 at levels not seen since before the global recession.
High-paying jobs brighten investor horizons – Greater Vancouver Real Estate News July 2012
A new report pointing to growth in the number of high-paying jobs in B.C. suggests that property investors outside the pricey Lower Mainland will see vacancy rates drop and rents increase.