11/20/2009 2:06:00 PM
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 Hansen ...
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11/17/2009 11:15:00 AM
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 year. ...
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11/16/2009 10:45:00 AM
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 this ...
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10/20/2009 12:12:00 PM
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 at ...
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10/20/2009 11:59:00 AM
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 ...
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10/15/2009 2:32:00 PM
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 year. ...
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10/8/2009 3:09:00 PM
'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 of ...
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9/29/2009 1:44:00 PM
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 is ...
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9/18/2009 3:54:00 PM
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 into ...
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9/11/2009 9:44:00 AM
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 year. ...
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