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15 April 2013
BC Home Sales Tick Higher in March
Vancouver, BC – April 15, 2013. The British Columbia Real Estate Association (BCREA) reports that a total of 104residential sales were recorded by the Multiple Listing Service® (MLS®) in the Kootenay area during March, down 27.3 per cent Read More...
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22 June 2012
Federal Government Changes to Mortgage Lending
June 21, 2012 For the fourth time in the past four years, the Federal Government has announced further action to restrict mortgage credit. The new measures include: The maximum amortization on a prime mortgage will be reduced from 30 to 25 years. Mortgage Read More...
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06 June 2012
BC 2012 Second Quarter Housing Forecast
Home buying activity in the province is expected to remain at a moderate pace through 2013 as headwinds in the global economy limit economic expansion here at home. Residential sales through the Multiple Listing Service® (MLS®) in British Columbia Read More...
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03 April 2012
B.C.'s HST Tax Rebate Sparks Market Rebound
reprint from The Calgary Herald - March 31,2012 By Joel Schlesinger Owning a recreation property in British Columbia is within closer reach for Albertans, thanks to changes in the province's tax scheme. The Harmonized Sales Tax, or HST, combined the Read More...
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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...
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14 September 2011
BC Home Sales Stable During Summer Months
Vancouver, BC – September 14, 2011. The British Columbia Real Estate Association (BCREA)reports that Multiple Listing Service® (MLS®) Kootenay area residential unit sales in the province rose 6.2 per cent to 188 units in August compared Read More...
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12 August 2011
BC Home Sales Edge Lower in July
Vancouver, BC - August 11, 2011. The British Columbia Real Estate Association (BCREA) reports that Multiple Listing Service® (MLS®) residential unit sales in the Kootenay area rose 8.4 per cent to 181 from 167 units in July compared to the same Read More...
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14 July 2011
BC Home Sales Steady in June
Vancouver, BC - July 14, 2011. The British Columbia Real Estate Association (BCREA) reports that Multiple Listing Service® (MLS®) residential unit sales in the Kootenay area rose 7.4 per cent to 232 units in June compared to 216 units in the same Read More...
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23 February 2011
Home Unit Sales to Climb Eight Per Cent in 2011
Vancouver, BC - February 23, 2011. The British Columbia Real Estate Association (BCREA) released its Housing Forecast for the first quarter of 2011 today. BC Multiple Listing Service® (MLS®) residential sales are forecast to increase 8 per cent Read More...
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18 January 2011
Record Home Prices for 2010
Vancouver, BC - January 13, 2011. The British Columbia Real Estate Association (BCREA) reports that Multiple Listing Service® (MLS®) residential sales in the province declined 12 per cent to 74,640 units in 2010. The annual average MLS® residential Read More...
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14 December 2010
Housing Market Recovers from Summer Doldrums
Vancouver, BC - December 14, 2010. The British Columbia Real Estate Association (BCREA) reports that Multiple Listing Service® (MLS®) residential sales in the province climbed 20 per cent in November from October 2010, on a seasonally adjusted Read More...
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15 November 2010
BC Home Sales Trend Higher
Vancouver, BC - November 15, 2010. The British Columbia Real Estate Association (BCREA) reports that Multiple Listing Service® (MLS®) residential sales in the province declined 36 per cent to 5,507 units in October compared to the same month last Read More...
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11 November 2010
Moderate Rise in Home Sales Forecast
BCREA Fall Housing Forecast 2010 Vancouver, BC - November 10, 2010. The British Columbia Real Estate Association (BCREA) released its Fall Housing Forecast 2010 today. BC Multiple Listing Service® (MLS®) residential sales are forecast to decline Read More...
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18 October 2010
Market Conditions Beginning to Improve
Vancouver, BC - October 13, 2010. The British Columbia Real Estate Association (BCREA) reports that Multiple Listing Service® (MLS®) residential sales in the province declined 36 per cent to 5,511 units in September compared to the same month Read More...
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19 August 2010
BC Housing Market Feels Effects of HST in July
OTTAWA (August 16, 2010) - The Canadian Real Estate Association (CREA)says national home sales activity continued to trend down in July 2010. The decline was almost entirely the result of fewer sales in British Columbia and Ontario. A slowdown in demand Read More...
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