Monday, May 18, 2009

B.C. housing prices still under pressure to fall, Scotia Economics says

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Tuesday, March 24, 2009

First Time Home Buyers Save the Market

Judging from the many shoes littering the front porches at open houses in recent weekends, it's clear that people are back buying houses.

Without a doubt, the market has picked up, and we're barely into...

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Tuesday, March 24, 2009

Foreclosures Are Up 2009

Financial Post March 24,2009

OTTAWA — Consumer bankruptcies in Canada spiked sharply in January, the beginning of what credit experts warn could be a wave of bankruptcies this year that are the inevitable...

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Tuesday, March 24, 2009

Prices Drops Stablilizing

Globe and Mail Update

For years, the real estate market in B.C.'s Lower Mainland acted a lot like the mythical perpetual motion machine.

Buyers were jumping...

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Thursday, February 12, 2009

Market Update Feb 2009

As we begin this new year, you maybe thinking if it is the right time to purchase real estate.  Companies are fallings, manufacturing jobs are being losts, and stock markets are tumbling.  In...

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Thursday, February 5, 2009

Market Update Feb 3, 2009

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Saturday, January 31, 2009

FTHB - Federal Budget 2009

Its a great time for first time homebuyers to enter the vancouver real estate market.  Not only are prices falling, interests rates are at an all time low.  Lenders are also very willing to lend...
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Friday, January 16, 2009

Liquidation Sale More of a Marketing Ploy

n what’s being marketed as a real estate liquidation sale, the Onni Group of Companies is offering 375 Metro Vancouver condos valued at $150 million at prices it says are discounted by up to 40 per cent...

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Thursday, January 15, 2009

Condo Fire Sale Prices - Could be the time to buy

As reported by CBC
 

A Vancouver real estate developer is making an unprecedented move to offer a liquidation sale of $350 million worth of its condominiums throughout the Lower Mainland.

The marketing...

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Tuesday, January 6, 2009

Average Metro Vancouver Home Prices to Fall to $540,000

VANCOUVER — Metro Vancouver's home prices rose the highest in Canada's property boom and will fall the farthest in its correction, real estate firm Royal LePage has forecast.

Royal LePage Real Estate Services,...

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