January 19, 2010
Happy New Year,
Time to review mortgage rate trends, important upcoming deadlines and a look at some interesting
real estate related statistics..
Rate Update:
Fixed Rates: Long term fixed rates have decreased over the last few months back down to the
historic low rates of mid 2009.
Variable Rates: We continue to see a red ...
VANCOUVER, B.C. – July 3, 2009 – The combination of low interest rates and more affordable pricing helped propel Greater Vancouver home sale numbers to the second all-time highest total for the month of June.
The Real Estate Board of Greater Vancouver (REBGV) reports that sales of detached, attached and apartment properties increased 75.6 per ...
REPORT FROM REMAX CREST REALTY (Westside) for First Quarter 2009
"We had more sales reported to the Board in the perior of January - April 2009 than we had in the same period in 2008, in both the Residential and Townhome Categories for the Westside.
The Condo market was weaker in sales volume as to be expected. The Average selling prices of course reflected the reason the market came back ...
SOURCE; CMHC: Market Analysis Center: May 2009
Full Report: CMHC 2nd Quarter Vancouver Housing Market Outlook
Housing market conditions in Vancouver will favour buyers into early next year. Demand for both new and resale housing has waned in the face of economic uncertainty and job losses. An ample supply of homes for sale, coupled with softer demand, will keep home prices trending lower.
...
Source: CMHC
OTTAWA, April 8, 2009 — The seasonally adjusted annual rate1 of housing starts increased to 154,700 units in March from 136,100 units in February, according to Canada Mortgage and Housing Corporation (CMHC).
“Higher multiple starts in Ontario and Quebec were the main contributors to the rise in new construction activity in March,” said Bob Dugan, C ...
Property sales strengthen in current market cycle
Source: Real Estate Board of Greater Vancouver-
VANCOUVER, B.C. – April 2, 2009 – The Metro Vancouver housing market experienced a movement away from volatility and toward stability to start the spring season.
Home sales in March 2009 returned to levels witnessed at the beginning of the decade, with 2,265 sales recorded across Met ...
The Vancouver Sun has provided us with a PDF version of the supplement, minus the advertising. We are happy to provide this content to you as a resource.
The Vancouver Sun Medallion supplement March 2009
(PDF FOrmat)
Keeping you up to date with the latest news!
Your neighbourhood Realtor
REMAX Crest Realty (westside)
Coming on March 16th at 7 pm with special guest Bob Ransford, Urban Land Use and Public Affairs Consultant and regular contributor to the Vancouver Sun on Real Estate issues. Bob will provide an overview of Real Estate: Opportunities & Cautions. Updating mortgage markets will be Dave Lacusta, Mortgage Broker with Dominion Lending Centers and Cara Savege, Mortgage Broker with Invis.
This innov ...
March 11, 2009
Kelowna, BC (March 11, 2009) -- A report released today by RE/MAX confirms that entry-level purchasers are now the engine driving home-buying activity in almost every major centre in Canada.
The 2009 RE/MAX First-Time Buyers Report, highlighting first-time buying activity in 32 residential housing markets across Canada, found that improved affordability is prompting many fi ...