Real Estate News & Articles

2005-01-05

Assessments rose by 17%, the largest increase since 1992 Michael McCullough and Joel Baglole Sun The value of real estate soared by 17 per cent across B.C. last year -- the largest annual increase in more than a decade. The B.C. Assessment …

2005-01-05

Sun VICTORIA -- The B.C. government is proposing to increase the homeowner grant threshold. Finance Minister Colin Hansen says legislation to be introduced during the February budget is in response to a significant increase in assessed prop…

2004-12-30

Tradesmen were in short supply as the building boom took off last year Gillian Shaw Sun CREDIT: Peter Battistoni, Vancouver Sun Steve Lornie, of Fairmile Construction, helped drive the initiative to create a program fast-tracking a training…

2004-12-30

Roger Highfield Sun LONDON -- The earthquake that spawned such destruction around the Indian Ocean also made the Earth wobble on its axis by an inch or so, altered regional geography by a few metres and cut the length of the day by a few mi…

2004-12-29

The project's Granville Slopes location may be key to the buyer frenzy Marke Andrews Sun A downtown Vancouver townhouse development that won't open for occupancy until March 2007 and has yet to open its display centre and sales office has a…

2004-12-28

Buyers and sellers rang up $26 billion in 11 months this year Derrick Penner Sun British Columbians bought and sold more real estate in 2004 than ever before, ringing up an incredible $26 billion in transactions during the year's first 11 m…

2004-12-27

Many buyers couldn't wait until projects were finished Derrick Penner Sun The first sale day for Yaletown Park , on Feb. 28, perhaps best illustrated just how frenzied 2004's condominium market was, a frenzy that likely will not be repeated…

2004-12-24

Eric Beauchesne Sun Home prices in Canada shattered all previous records last month as sales hit an all-time high for November. The average selling price of a home was a record $232,935, 6.8 per cent higher than a year earlier, the real est…

2004-12-23

Non-residential construction in B.C. expected to reach a record $9.7 billion, Credit Union Central says Derrick Penner Sun Non-residential construction in British Columbia will hit a record $9.7 billion in 2005, outpacing the province's ove…

2004-12-22

Analysts say new arrivals to the province are keeping vacancies low Derrick Penner Sun Vancouver 's apartment vacancy rate plunged to a mere 0.6 per cent in 2004, a steep decline that runs contrary to a national trend. Vancouver 's tightene…

2004-12-21

Prices likely to rise an average 4.5 per cent across Canada in 2005: real estate firm Eric Beauchesne Sun OTTAWA -- The three most expensive cities in which to buy a home next year will be Vancouver, Toronto, and Ottawa while the three most…

2004-12-21

But our homes still most expensive Ashley Ford Province First the good news. Greater Vancouver homes will only see a modest three-per-cent price increase next year, less than the national average of 4.5 per cent, as the hot housing market c…

2004-12-19

NEW HOMES: Townhomes that fit the city life perfectly -- and with space to entertain Jeani Read Province       Fairview Slopes is the new ‘in’ place with the arrival of Boxwood Green townhomes . GERRY KAHRMANN &md…

2004-12-17

Study says every home sold generates $28,000 in related spending Ashley Ford Province The province's buoyant home sale market has become a major multi billion-dollar dynamo in the provincial economy, the British Columbia Real Estate Associa…

2004-12-16

While the average price of a city home hit $383,000, there are signs the market may cool Eric Beauchesne, with files from Derrick Penner Sun OTTAWA -- The average selling price of a home in Vancouver shot up to $383,000 in November confirmi…

2004-12-16

Factors include balanced budget, tax cuts and 2010 Olympics Brian Morton Sun B.C. businesses continue to be among the most optimistic in the country, according to a survey by the Canadian Federation of Independent Business. "For the sixth c…

2004-12-14

With digital cameras cheaper and better, many people are on their second, A&B Sound says Marke Andrews Sun CREDIT: Mark van Manen, Vancouver Sun Scott Chalmers (left) gets advice from Laura Barzelai on the digital cameras sold at A&B So…

2004-12-14

Joel Baglole Sun VANCOUVER - The amount of industrial land in Vancouver has been reduced by 37.8 per cent over the past 44 years as city council has rezoned property for residential use. But the steady erosion of the city's industrial base …

2004-12-11

Michael Sasges Sun   The ‘clean rectilinear lines’ of the Folio building (below) are repeated by design in the presentation centre A ‘green’ bathroom (like this one in the Folio presentation centre) conserves wa…

2004-12-11

Home builders' association survey shows that young people, singles and couples are eager to purchase their first home Peter Simpson Sun   CREDIT: Associated Press Files Young people in the Lower Mainland are showing more readiness to t…

2004-12-11

Peter Simpson Sun   CREDIT: Associated Press Files Young people in the Lower Mainland are showing more readiness to take the home-ownership plunge, a survey suggests.   If you want to find out about the needs and expectations of f…

2004-12-10

Sun   PRINCE GEORGE - Housing starts are up markedly in Prince George compared to last year, according to Canada and Mortgage Housing Corp. statistics released on Wednesday. During the first 11 months of 2004, there were 165 starts on …

2004-12-09

FRANCES BULA Sun REVAMPED I The Vancouver neighbourhood that embodies the city’s new 21st-century vision for utopian urban living has just undergone its most recent transformation.    The plan for southeast False Creek …

2004-12-09

Vancouver seen entering a new market phase going into 2005 Ashley Ford Province Greater Vancouver housing starts are firmly on track for their best performance in a decade. Latest numbers from Canada Mortgage and Housing Corporation (CMHC),…