August 2008 - Posts

30 August 2008
BC MLS® Home Sales Generate $2 Billion in GDP and 28,800 Jobs

Vancouver, BC – September 2, 2008. British Columbia Real Estate Association (BCREA) released today a report on the economic impact of Multiple Listing Service® (MLS®) residential sales to the provincial economy in 2007. A typical MLS® Read More...

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Filed under: real estate market, BC economic forecast

 

19 August 2008
Swollen Inventories Favour Homebuyers

Vancouver, BC – August 15, 2008. British Columbia Real Estate Association (BCREA) reports residential sales dollar volume on the Multiple Listing Service® (MLS®) in BC declined 38 per cent to $2.9 billion in July, compared to July 2007. Read More...

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Filed under: Real Estate, Market Conditions, Buyer Information, real estate market, Columbia Valley real estate, BC economic forecast

 

06 August 2008
Government of Canada Moves to Protect, Strengthen Canadian Housing Market

Ottawa, July 9, 2008 2008-051 Related document: Backgrounder The Government of Canada today announced adjustments to the rules for government guaranteed mortgages aimed at protecting and strengthening the Canadian housing market. The new measures include: Read More...

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Filed under: Real Estate, real estate market, canada's housing market, Canadian economic forecast