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HST & Residential Housing
December 30th, 2009This information is correct as
of today (December 30, 2009) but subject to
change:
HST & Residential
Housing
New Housing Rebate:
- 71.43% of the 7% provincial component up to a maximum of $26,250 rebate for homes up to $525,000
- Homes above $525,000 would receive a flat rebate of $26,250 (i.e. it would not phase out as the PPT rebate does)
- The PST embedded in new construction ...
November Home Sales Continue at Torrid Pace
December 16th, 2009For immediate release
November Home Sales Continue at Torrid Pace
Vancouver, BC - December 9, 2009. The British Columbia Real Estate Association (BCREA) reports that Multiple Listing Service® (MLS®) residential sales in the province climbed 165 per cent to 7,182 units in November compared to the same month last year. Last month posted the highest number of MLS® residential sales for th ...
Jameson House back on track
September 14th, 2009Jameson House is back in full construction mode again after securing financing and a new partner Bosa Properties. Another sign that our market is recovering.
"Troubled condo project on the rise again after recovering lost financing"
588 Broughton
September 1st, 2009
This 2 bedroom apartment across from the Coal Harbour Community Center at Broughton and West Hastings St. offers great value at a list price of $745,000. for 942 square feet. Enjoy a harbour and mountain view from every room! The building, Harbourside Park, has indoor pool, gym, meeting room and theatre room. The location directly across the street from the Coal Harbour seawall puts all ...
Plus $3m. Price Range In Coal Harbour Vibrant
August 9th, 20093 sales of 3 bedroom, NW-facing '01 units in One Harbour Green have been posted in the past 2 months and while the sales were under asking price, they average $1413/square foot for generous floor plans of 3260 square feet. Sales were in the $5m-$5.4m range.
The +$3m. price range in Coal Harbour has rebounded with 6 sales posted in July and August compared with only one over $3m. in the same ...
June sees a +75% Increase in Sales YTD
July 9th, 2009Short supply and high demand have added rocket feul to Vancouver's Real Estate Market once again. With sales volume of to 4,259 transaction in June closely rivaling the record-breaking performance of June 2005 when 4,333 sales were recorded.
Read the full stats package from The Real Estate Board of Greater Vancouver by clicking on the link below:
Real Estate Board of Greater Vancouver, April 2009 Stats
May 4th, 2009
News Release
FOR IMMEDIATE RELEASE:
Buyer activity brings greater stability to the
housing market
VANCOUVER, B.C. - May 4, 2009 - With more buyers and fewer homes
for sale in recent months, the Greater Vancouver housing market
has entered a more moderate and balanced state.
For the sixth consecutive month, new listings for detached,
...
Prime at 2.25%, 5 Year Closed Mortgage at 3%
April 21st, 2009It may be bad news for the economy in general that The Bank of Canada has cut the overnight lending rate in half--to .25%, but if you are buying real estate right now the picture is much sunnier than it has been for a few years--particularly at the high end of the market. There is a good selection of waterfront properties available and mortgage rates are LOW, making it an excellent time to g ...
Andrew Waite on Wall St. Missing The Housing Recovery
April 8th, 2009Waite is the publisher of the bi-monthly magazine: Personal Real Estate Investor
Here's an interesting article he's written concerning Wall St. fundamental difficulties in measuring
the performance of the real estate market:
...