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Inspiration from Steveston Village

Thursday, October 16, 2014

Vancouver's real estate boom: The rising price of 'heaven'

From The Globe and Mail, by IAIN MARLOW AND BRENT JANG

 

Qiqi Hong walks past her sleek, blue-tiled hot tub and an infinity pool that seems to disappear like a waterfall into the chilly air above West Vancouver. She leans on the patio railing and breathes in the majestic ocean view that takes in the towering Douglas firs of Stanley Park, the skyscrapers of Vancouver, the Asia-bound freighters anchored...

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Thursday, October 2, 2014

September 2014 Stats - Home sales activity picks up the pace in September

Home buyers were active in Metro Vancouver last month, with home sales well exceeding the 10-year average for September.


The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver reached 2,922 on the Multiple Listing Service® (MLS®) in September 2014. This represents a 17.7 per cent increase compared to the 2,483 sales in September 2013, and a 5.4...

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Wednesday, September 3, 2014

August 2014 stats - Housing market activity follows 10-year August averages

The Metro Vancouver housing market experienced steady home sale, listing, and pricing trends for the month of August.


The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver reached 2,771 on the Multiple Listing Service® (MLS®) in August 2014. This represents a 10.2 per cent increase compared to the 2,514 sales recorded in August 2013, and a 9.5...

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Tuesday, August 5, 2014

July 2014 Stats - Home buyers continue to slightly outpace sellers, but not by much

The Greater Vancouver housing market continues to see slightly elevated demand from home buyers, steady levels of supply from home sellers and incremental gains in home values depending on the area and property type.


The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver reached 3,061 on the Multiple Listing Service® (MLS®) in July 2014. This...

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Thursday, July 31, 2014

How Your Down Payment Affects Your Mortgage Insurance

from REW.ca,  July 21, 2014  |  By Alyssa Richard

 

On May 1 of this year, the Canada Mortgage and Housing Corporation (CMHC) increased their mortgage default insurance premiums. Mortgage default insurance, which is more commonly known as CMHC insurance, is required of buyers who make a down payment of between 5-19.99% when they purchase a home. The new premiums went up by approximately...

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