Home sales activity strong through Olympic period The Greater Vancouver housing market continued to experience strong demand from homebuyers and an increase in total property listings in a month where the eyes of the world were focused on the region. The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver totalled 2,473 in February 2010, an increase of 67.1 per cent compared to February 2009 when 1,480 sales were recorded and a 28.6 per ...
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Just added this listing: "Great central west End location on a tree lined street. Blocks from beaches, shopping and restaurants. Efficient lay out with no wasted space. Rentals allowed, but no pets. Parking is available for rent."
Just added this listing: "Open concept New York style loft located in the heart of Gastown. Bright south exposed suite with view towards the Woodward's development. Close to sh..."
REBGV Stats Housing supply and demand reach closer alignment in January Diverse selection and favourable interest rates continue to drive demand in the Greater Vancouver housing market. The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver totalled 1,923 in January 2010, an increase of 152.4 per cent compared to January 2009 when 762 sales were recorded and a 23.5 per cent decline compared to the 2,515 sales recorded in December 2009. ...
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posted in General
at Tue, 02 Feb 2010 12:55:47 -0800
A Bank of Canada official called talks of a Canadian housing bubble premature in a speech in Edmonton Monday, adding higher interest rates are not the solution to cooling the current surge in housing demand and prices. "If the bank were to raise interest rates to cool the housing market now - when inflation is expected to remain below target for the next year and a half - we would, in essence, be dousing the entire Canadian economy with cold water, just as it emerges from recession," said Davi ...
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