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21 January 2010
The Canadian Real Estate Market Enters 2010 With Considerable Momentum
TORONTO, January 7, 2010 – Canada’s residential real estate market is forecast to remain unusually strong through the first half of 2010 as economic conditions across the country improve and the stimulus impact of low interest rates continues Read More...
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15 January 2010
December Home Sales Second Highest on Record
Vancouver, BC – January 12, 2010. The British Columbia Real Estate Association (BCREA) reports that Multiple Listing Service® (MLS®) residential sales in the province climbed 132 per cent to 5,703 units in December compared to the same month Read More...
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15 December 2009
Economic Instability Number One Fear for Canadian Home Buyers: Royal LePage
TORONTO, December 15, 2009 - As the Canadian real estate market continues to rebound from a steep decline a year ago brought on by the recession, home buyers remain nervous about the stability of the economy, according to a survey of 1,225 Royal LePage Read More...
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11 December 2009
Public Input Compiled for Lake Windermere Management Plan
December 2, 2009 ©The Valley Echo, Loree Duczek After carefully reviewing more than 600 surveys and compiling the information gathered during two public workshops this summer, the Regional District of East Kootenay (RDEK) and its consultant are very Read More...
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09 December 2009
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 Read More...
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20 November 2009
Province Increases Proposed HST Housing Rebate
VICTORIA - The Province is proposing to increase the threshold for the B.C. HST new housing rebate from $400,000 to $525,000 to ensure that, on average, purchasers of new homes up to $525,000 pay no more tax due to harmonization, Finance Minister Colin Read More...
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17 November 2009
October Home Sales Highest in Six Years
Vancouver, BC - November 17, 2009. The British Columbia Real Estate Association (BCREA) reports that Multiple Listing Service® (MLS®) residential sales in the province climbed 115 per cent to 8,624 units in October compared to the same month last Read More...
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16 November 2009
Market Strength Extends Through 2010
Vancouver, BC - November 13, 2009. The British Columbia Real Estate Association (BCREA) released its Fall 2009 Housing Forecast today. BC Multiple Listing Service® (MLS®) residential sales are estimated to increase 20 per cent to 82,900 units Read More...
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20 October 2009
October Real Estate Newsletter
Read our October newsletter just released. We hope that you enjoy our timely articles depending on the season and the real estate market conditions. You can receive your personal copy of this newsletter each month by subscription (and you can unsubscribe Read More...
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20 October 2009
Bank of Canada Maintains Overnight Rate
OTTAWA - The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/4 per cent. The Bank Rate is unchanged at 1/2 per cent and the deposit rate is 1/4 per cent. Recent indicators point to the start of a global recovery Read More...
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15 October 2009
BC Housing Market Gains Momentum
Vancouver, BC - October 15, 2009. The British Columbia Real Estate Association (BCREA) reports that Multiple Listing Service® (MLS®) residential sales in the province climbed 68 per cent to 8,576 units in September compared to the same month last Read More...
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08 October 2009
'Delayed Start’ in Canadian Real Estate Market and Undersupply Lead to Perceived Housing Boom
- Lag in seasonal sales cycle brought on by the recession, coupled with undersupply, creates illusion that market is booming - TORONTO, October 8, 2009 - Canada's housing market is on the road to recovery but is experiencing a pronounced undersupply Read More...
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29 September 2009
No guarantee rates will stay low, Carney warns
Paul Vieira, Financial Post, with files from Reuters Published: Monday, September 28, 2009 OTTAWA -- Governments will be required to undertake "concerted" and "sharp" efforts to restore fiscal sustainability once a market-led recovery Read More...
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18 September 2009
September Real Estate Newsletter
Welcome to our September newsletter . We hope that you enjoy our timely articles depending on the season and the real estate market conditions. This month the buzz is all about the Harmonized Sales Tax (HST) that the BC Liberal government will legislate Read More...
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11 September 2009
August Home Sales Continue at Brisk Pace in BC
Vancouver, BC - September 11, 2009. The British Columbia Real Estate Association (BCREA) reports that Multiple Listing Service® (MLS®) residential sales in the province climbed 66 per cent to 8,565 units in August compared to the same month last Read More...
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