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| Wednesday, 23 February 2011 | |
 Housing sales in Greater Vancouver are expected to climb 11% this year to 34,600 units, and the average BC Multiple Listing Service (MLS) price will increase by 2.4% to $692,000, according to a forecast released today by the BC Real Estate Association (BCREA).“Greater Vancouver is the strongest market in the province right now,” BCREA chief economis ... |
For now the HST is here and a huge factor, when deciding whether you will buy a presale condo or not. There is a lot of questions surrounding HST and to help you with those I have included a couple of links that may answer those questions for you.
H.S.T. has different implications for used residential real estate and new residential real estate. This link provides basic rules regarding H.S.T. ...
OTTAWA – The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1 per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent.
The global economic recovery is proceeding largely as expected, although risks have increased. As anticipated, private domestic de ...
The 5-per-cent return on safe investments is back.
It happened last week when major banks increased their posted mortgage rates. If you were lending money out for mortgages like a bank, you could get the same return.
Here’s how: Just us ...
Plans for selling the Olympic village’s 480 empty condos have ground to a halt because the City of Vancouver is refusing to approve a new marketing plan with drastically reduced prices until the developer proves it can make up the $100-million to $200-million loss that could result.
“They need to have a satisfactory plan for how they will meet their obligations,” Vancouver city manager Penny ...
October Stats
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.
According to the MLSLink® Housing Price Index (HPI), the benchmark pri ...
October 28, 2010
H.S.T. has different implications for used residential real estate and new residential real estate. In this part of our website we outline the basic rules regarding H.S.T., and the basic rebates applicable.
GENERAL DISCUSSION
The Harmonized Sales Tax ("H.S.T.") came into effect in B.C. on July 1, 2010 and is a combination ...