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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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24 August 2009
What The Proposed HST Means For BC Home Buyers
Vancouver, BC – August 24, 2009. The British Columbia Real Estate Association (BCREA) today launched a new section of its website to provide the public and REALTORS® with information about the impact of the proposed Harmonized Sales Tax (HST) Read More...
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21 August 2009
August Real Estate Newsletter
Welcome to our August newsletter . We hope that you enjoy our timely articles depending on the season and the real estate market conditions. Whether you are selling your property or you are intending to buy recreational or retirement property here, we Read More...
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14 August 2009
BC Housing Market Exhibits Balanced Conditions
... Regional Differences Persist Vancouver, BC - August 14, 2009. The British Columbia Real Estate Association (BCREA) reports that Multiple Listing Service® (MLS®) residential sales in the province climbed 53 per cent to 10,051 units in July Read More...
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06 June 2009
Bank of Canada holds interest rates steady
Canadian Real Estate Association Published June 5, 2009 Overnight rate stays at 0.25 per cent The Bank of Canada held its benchmark overnight lending rate steady at 0.25 per cent at its setting on June 4 th , 2009. The trend-setting Bank rate, which is Read More...
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14 May 2009
Housing Market Balancing Out
Vancouver, BC – May 14, 2009. The British Columbia Real Estate Association (BCREA) reports that April was the third consecutive month of increasing home sales in the province, on a seasonally adjusted basis. Consumer demand was bolstered by lower Read More...
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14 May 2009
Home sales jump in April
Third straight monthly increase puts numbers up 32 per cent from January's decade-long low, but still far below last year HEATHER SCOFFIELD © The Globe and Mail Thursday, May 14, 2009 OTTAWA - Home sales soared in April for the third month in Read More...
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08 May 2009
Canadian Housing Market Shows Some Spring In Its Step
Scotia Bank Real Estate Trends Adrienne Warren (416) 866-4315 adrienne_warren@scotiacapital.com May 5, 2009 - Canada's housing market is showing signs of emerging from its winter hibernation. The Canadian Real Estate Association reported a healthy Read More...
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18 April 2009
CANADIAN REAL ESTATE MARKET RELATIVELY RESILIENT DURING FIRST QUARTER
Only modest house price declines despite predictions of double digit depreciation TORONTO, April 8, 2009 – Consistent with current economic trends, Canadian residential real estate prices declined during the first quarter, according to a quarterly Read More...
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15 April 2009
Affordability Drives Home Sales Higher
Vancouver, BC – April 15, 2009. British Columbia Real Estate Association (BCREA) reports residential sales dollar volume on the Multiple Listing Service® (MLS®) in BC declined 35 per cent to $2.3 billion in March, compared to the same month Read More...
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18 March 2009
Banks begin to decline federal aid in first sign of recovery
Credit conditions easing, banks no longer struggling to raise funds to make loans TARA PERKINS © The Globe and Mail Tuesday, March 17, 2009 Canadian banks are turning down some of the funding that the government is making available to them, a sign Read More...
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13 December 2008
Homebuyers Benefit from Lower Prices
Vancouver, BC – December 12, 2008. British Columbia Real Estate Association (BCREA) reports residential sales dollar volume on the Multiple Listing Service® (MLS®) in BC declined 67 per cent to $1.07 billion in November, compared to November Read More...
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09 December 2008
Bank of Canada drops rate .75%!
Economic crisis, turmoil, political upheaval... we thought you could use a little good real estate related market news! In a further attempt to get the economy moving, the Bank of Canada announced a .75% decrease to their overnight rate this morning, Read More...
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07 December 2008
Ozzie Jurock says: "We'll be fine in 2009"
Ozzie Jurock, British Columbia's best known real estate consultant and investor, has seen housing and financial crashes before and he is confident B.C. will ride out the current downturn with ease. In 1992, Jurock notes, some 787 U.S. banks had collapsed Read More...
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26 November 2008
Mortgage rates chopped by 2 Canadian banks
Two Canadian banks did their bit to unclog the country's constricted housing market Wednesday by cutting mortgage rates. The Royal Bank of Canada and the Bank of Montreal both chopped borrowing costs for people seeking to buy a home. RBC cut its mortgage Read More...
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