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February 2012 - Posts

23 February 2012
Less Volatility in the Housing Market
The BC economy continues to face headwinds this year. The Euro-zone debt crisis, a lacklustre US economy and growing pains in China are significant impediments to growth. Modest economic growth will be accompanied by a similarly tepid employment growth Read More...
23 February 2012
Wondering What Your Home Purchase Will Cost?
If you wondered what the additional tax and rebates are for purchasing a home in British Columbia this might help you. Click on the example below to calculate your purchase (use the TAB key when entering information, NOT the ENTER key) Read More...
23 February 2012
BC First Time New Home Buyers’ Bonus
Subject to approval by the legislature, the B.C. government intends to implement a temporary BC First-Time New Home Buyers' Bonus. Effective February 21, 2012, to March 31, 2013, the bonus is a one-time refundable personal income tax credit worth Read More...
21 February 2012
2012: The Year of Confusion, Concern & Consternation
“The Perfect Environment for a Sophisticated Investor” (by Don Campbell, a Canadian-based real estate investor, researcher, author and educator) With 2012 in full swing and January all but passed us by, the time is now to look at what we can Read More...
21 February 2012
First-time Home Buyers - RRSP's and Income Tax Credits
A veteran real estate expert, Toronto lawyer and author Martin K.I. Rumack outlines the RRSP funding and tax benefits available to newbie buyers in the Canadian Real Estate Wealth magazine. If you are a first-time home buyer, you may be entitled to certain Read More...
20 February 2012
January Real Estate Statistics for the Columbia Valley
are now available at http://statistics.rockieswest.com Read More...
18 February 2012
BC HST Changes Effective April 1,2012
Friday, February 17, 2012 1:05 PM VICTORIA - New housing transition measures give certainty to an important economic sector and help to keep taxes equitable throughout the transition as the province returns to the PST, Finance Minister Kevin Falcon announced. Read More...
15 February 2012
2011 Real Estate Sales Statistics for the Columbia Valley
are now available at http://statistics.rockieswest.com Read More...
15 February 2012
Home Sales Rise Outside Lower Mainland
Vancouver, BC – February 15, 2012. The British Columbia Real Estate Association (BCREA) reports that the dollar volume of homes sold through Multiple Listing Service® (MLS®) in the Kootenay area increased 4.0 per cent to $29.2 million in Read More...
15 February 2012
Canadian Home Sales Pull Back in January
OTTAWA – February 15, 2012 – According to statistics released today by The Canadian Real Estate Association (CREA), national resale housing activity retreated in January 2012 from the strong finish reported for December 2011. Highlights: Home Read More...
06 February 2012
US Federal Reserve Interest Rate Announcement
January 25, 2012 The US Federal Reserve ushered in a new era of transparency today. Gone are the days of Fed-watchers carefully parsing press-release language for hints on the direction of interest rates. Instead, the Fed's new communications strategy Read More...
06 February 2012
Average Performance for Housing Market in 2012
BCREA 2012 First Quarter Housing Forecast Update Vancouver, BC - January 27, 2012. The British Columbia Real Estate Association (BCREA) released its 2012 First Quarter Housing Forecast Update today. "Modest economic growth at home and abroad is expected Read More...