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Real Estate Articles

	August 2010 News Release NEW Posted: August 3, 2010 By: Real Estate Board of Greater Vancouver Summary: Homebuyers and Sellers Less Active in July
	Developers push crop of pre-sales into slow market NEW Posted: July 23, 2010 By: Derrick Penner, Vancouver Sun Summary:
	Mortgages are about more than just the rate NEW Posted: July 23, 2010 By: Fiona Anderson, Vancouver Sun Summary: With interest rates still near all-time lows, despite the recent increases in the Bank of Canada's overnight target rate, it may be time to rethink mortgages, not just the rates, but every element of them.
	Variable May No Longer Be the Best Mortgage NEW Posted: July 27, 2010 By: Garry Marr, Financial Post Summary: Fixed rates are falling fast so do your homework
	B.C. home prices to remain flat for 2010: economist Posted: May 15, 2010 By: Derrick Penner, Vancouver Sun Summary: Expect British Columbia's property prices to remain flat for the balance of the year
	B.C. home sales expected to slow this year but rise in 2011: survey Posted: June 8, 2010 By: Brian Morton, Vancouver Sun Summary: Residential sales across the province are expected to ease by three per cent this year to 82,350 units before increasing four per cent in 2011 to 85,900 units, according to the B.C. Real Estate Association
	First-time buyers jump into housing market Posted: March 30, 2010 By: Derek Sankey, For Canwest News Service Summary: New lending rules, market conditions have little effect on consumers' intentions, say experts
	Fix in for mortgages? Posted: April 21, 2010 By: Garry Marr, Financial Post Summary: The fix is in, when it comes to the Canadian mortgage market.
	Forget market timing, buying a house is about life timing Posted: June 10, 2010 By: Garry Marr, Financial Post Summary: Homes are a long-term investment
	Housing prices set to fall: CIBC Posted: May 26, 2010 By: Garry Marr, Vancouver Sun Summary: B.C. and Alberta the most overpriced
	Housing sales back off from heady days of late 2009 Posted: May 20, 2010 By: Derrick Penner, Vancouver Sun Summary: Global economy, effect of HST prompt buyers to bide their time
	IN VANCOUVER, THE THIRD WAVE HITS! Posted: June 17, 2010 By: Globe and Mail Summary: The economic impact of wealthy buyers from Mainland China has gone all but unnoticed by the average Vancouverite — but it’s no secret to the city’s real estate industry.
	Metro home prices are levelling out, index shows Posted: May 27, 2010 By: D. Penner, Vancouver Sun Summary: Metro Vancouver home prices tipped past their previous peak in the first quarter of this year, but their pace of growth slowed considerably
	Metro Vancouver posts steepest housing price gains Posted: April 9, 2010 By: By Derrick Penner, Vancouver Sun Summary: Royal LePage's survey tracks increases of up to 29% in first quarter
	Metro Vancouver's apartment vacancy expected to shrink in 2010 Posted: January 15, 2010 By: Derrick Penner, Vancouver Sun Summary: Expect the relative spike in apartment vacancies Metro Vancouver experienced in 2009 to be a short-lived, recession-driven phenomenon, according to apartment-market expert David Goodman.
	Mortgage brokers taking a closer look at who is buying Posted: March 30, 2010 By: Terrence Belford, For Canwest News Service Summary: Lenders not as liberal when it comes to qualifying for credit
	Owners of leaky condos face 'double whammy' Posted: May 14, 2010 By: Doug Ward, Vancouver Sun Summary: The financial hit facing thousands of leaky-condo owners in B.C. is about to get worse because of the new harmonized sales tax and the end of the province's rebate for PST paid on repairs.
	BCREA Housing Forecast Posted: Feb 12, 2010 By: BC Real Estate Association Summary: Residential unit sales through the Multiple Listing Service® in BC are forecast to increase six per cent to 90,100 units in 2010, before edging back three per cent to 87,500 units in 2011
	December Jump in Housing Sales Caps 2009 Rebound Posted: Jan 6, 2010 By: Derrick Penner, Vancouver Sun Summary: Seller's market in most Metro areas expected to continue until mid-2010
	Housing, trade to step onto centre stage in this week's economic data Posted: Jan 11, 2010 By: Derek Abma, Vancouver Sun Summary: Neither is expected to have fallen since previous month
	Late Wave of Sales Carries BC House Markets Higher Posted: Jan 13, 2010 By: Derrick Penner, Vancouver Sun Summary: 5,703 homes were sold in December 2009
	Metro Home Prices Headed up in 2010 Posted: Jan 8, 2010 By: Derrick Penner, Vancouver Sun Summary: Metro home prices headed up in 2010, firm predicts; Royal LePage expects a 7.2-per-cent increase
	Mortgage changes could heat up home market as buyers rush to beat deadline Special Posted: Feb 16, 2010 By: Julian Beltrame, The Canadian Press Summary: Canada's red hot housing market may get a little hotter following Tuesday's announcement by the federal government that new mortgage rule changes are coming to discourage cash-light buyers and speculators
	Rate bump not necessarily a harbinger of hikes to come Posted: June 2, 2010 By: Derrick Penner, Vancouver Sun Summary: Uncertainty over global economy might ease pressure for future interest rate increases
	Tallest tower outside downtown core is proposed for Canada Line site Posted: May 26, 2010 By: Derrick Penner, Vancouver Sun Summary: Marine Gateway will rise more than 30 storeys to 350 feet (105 metres) and contain 577 residential units
	Updating / Renovating Your Home: Top 10 Return on Investment Projects Posted: By: Appraisal Institute of Canada & National Association of the Remodeling Industry Summary: Home upgrades and renovations that pay off
	Vancouver real estate and the HST Posted: April 8, 2010 By: Charlie Smith, The Georgia Straight Summary: An ex-premier has warned that a harmonized sales tax will hurt the housing sector, but not everyone agrees with him.
	Vancouver real-estate market bounces back Posted: Nov 12, 2009 By: By Charlie Smith, Georgia Straight Summary:
	First-Time Buyers Driving Market: Report Posted: March 12, 2009 By: Brian Morton, Vancouver Sun Summary: First-time buyers are now the driving force behind a Metro Vancouver real estate market that's showing increasing signs of recovery
	Home prices will drop less than expected, real estate group says Posted: May 15, 2009 By: By Derrick Penner, Vancouver Sun Summary: A recent surge in real estate sales has caused the Canadian Real Estate Association to sharply revise its expectations for price drops in BC
	Homebuyers will have to shell out tens of thousands thanks to HST Posted: Aug 9, 2009 By: John Bermingham, The Province Summary: Homebuyers will be the biggest losers under the province’s controversial new harmonized sales tax
	Province increases threshold on HST housing rebate Up from $400,000 to $525,000 Posted: November 19, 2009 By: Connie Thiessen VANCOUVER (NEWS1130) Summary: Home buyers will be eligible for a rebate of 71 per cent of the provincial portion of the HST paid on a new home
	Real estate sales numbers take a trip to the 1980s Posted: Wednesday, March 04, 2009 By: Derrick Penner, Vancouver Sun Summary: A few more buyers are dipping into the market, but analyst predicts continued slide in prices
	Time To Buy? Posted: March 2009 By: Vito Pilieci, The Ottawa Citizen Summary: Majority of Canadians think they should put money down on a new house
	Bad Timing Exacts a Heavy Price (Feb 09) Posted: Feb 19, 2009 By: Kerry Gold - Globe & Mail Summary: The online classifieds for Vancouver real estate reveal the signs of a looming crisis in the city's once-thriving condo market
	Federal Budget a Boost For New Buyers (Feb 09) Posted: Feb 7, 2009 By: Peter Simpson, Special to Westcoast Homes Summary: $50,000 buys more than $40,000, especially when a residence falls in price
	Federal budget good news for homebuyers and homeowners (Jan 28, 2009) Posted: Wednesday, January 28, 2009 By: Real Estate Board of Greater Vancouver Summary: Federal budget offered a number of initiatives to benefit homebuyers and homeowners in our communities
	Why a Buyer's Market is a First-timer's Market (Jan 09) Posted: Jan 17, 2009 By: Kim Pemberton, Vancouver Sun Summary: As the tumble in real-estate values and cheap mortgages boost first-home affordability, the opportunity to find and price a residence with measured purposefulness is great, but daunting
	Real estate downturn no big deal for homeowners (Jan 09) Posted: Jan 7, 2009 By: Vancouver Sun Summary: Prices may be down this year, but they're up over the past five
	Canadian House Market Update (Dec 08) Posted: Dec 2008 By: Summary: Canada's Housing Situation Not the Same as in the US / Performance & Trends
	Making Sense of Today's Housing Market (Dec 08) Posted: December 5, 2008 By: Dave Watt Summary:
	Buyers See Hope as Home Prices Decline (Sept 08) Posted: Published: Thursday, September 04, 2008 By: Derrick Penner, Vancouver Sun Summary: August saw property markets continue dramatic turn
	Differences Between the US and Canadian Mortgage Market (Sept 08) Posted: Sept 25, 2008 By: Scotia Bank Summary:
	Prepare For Home Prices to Drop (Sept 08) Posted: Tuesday, September 09, 2008 By: Derrick Penner, Vancouver Sun Summary:
	Should I Buy or Should I Rent? (Aug 08) Posted: Fri 29 Aug 2008 By: The Vancouver Sun Summary: With falling home sales and moderating prices, prospective buyers are asking whether they should wait out this period of volatility
	Follow The Money (June 08) Posted: June 5, 2008 By: Ozzie Jurock - Vancouver Sun Summary: Real estate is a hard asset and hard assets do well in inflationary periods
	Downturn may crimp developers' access to cash (May 08) Posted: Published: 05/02/2008 - Vol. 8, No. 9 By: By Monte Stewart - Business Edge Summary:
	Market Questions, Questions (May 08) Posted: May 29, 2008 By: Ozzie Jurock - Vancouver Sun Summary: Real Estate Questions & Answers by Real Estate Insider Ozzie Jurock
	Questions are the Answer (May 08) Posted: May 15, 2008 By: Ozzie Jurock - Vancouver Sun Summary: Real Estate Questions & Answers
	Real Estate Questions, Questions (May 08) Posted: May 29, 2008 By: Ozzie Jurock - Vancouver Sun Summary:
	Why I Will Always Buy Real Estate (May 08) Posted: May 01, 2008 By: Ozzie Jurock - Vancouver Sun Summary:
	Why I Will Always Buy Real Estate - Part II (May 08) Posted: May 08, 2008 By: Ozzie Jurock - Vancouver Sun Summary:
	15 B.C. Real Estate Myths and Realities (April 08) Posted: April 25, 2008 By: Derrick Penner, Vancouver Sun Summary:
	Vancouver House Prices up 99% in Ten Years (Feb 08) Posted: February 21, 2008 By: CTV Summary: