Housing market feels impact of HST introduction
August 17, 2010 by John Grasty · Leave a Comment
TORONTO — The new harmonized sales tax introduced in British Columbia and Ontario last month had an immediate impact on the housing market, according to the Canadian Real Estate Association.
The Ottawa-based group, which represents 100 boards across the country, said July sales plunged 6.8% on a seasonally adjusted basis from a month ago, a decline [...]
Metro Vancouver developers push wave of pre-sales into slowing market
July 27, 2010 by John Grasty · Leave a Comment
Metro Vancouver developers may have got ahead of themselves with the number of housing projects they are pushing into the pre-sale marketing phase, says a local market research firm.
Photograph by: Bill Keay, Vancouver Sun file
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National Housing Price Index up for 11th straight month
July 9, 2010 by John Grasty · Leave a Comment
Housing prices rose for the eleventh straight month in May, advancing 0.3 per cent compared to the month before and in line with analyst expectations, Statistics Canada reported Thursday.
Photograph by: Justin Sullivan, Getty Images
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Metro Vancouver new-home prices slow down in May
July 9, 2010 by John Grasty · Leave a Comment
Metro Vancouver new-home prices slow down in May
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Metro Vancouver housing market steady: real estate board survey
July 6, 2010 by John Grasty · Leave a Comment
Metro Vancouver’s housing market experienced steady activity to start the summer season although sales were 30 per cent lower than the same time last year, according to the Real Estate Board of Greater Vancouver.More Info: Click here
Metro Vancouver apartment vacancy rate edges up
June 15, 2010 by John Grasty · Leave a Comment
VANCOUVER – Metro Vancouver’s apartment vacancy rate edged up to 2.2 per cent in the spring more or less in step with most markets in British Columbia and Canada that saw higher apartment availability, a new report from Canada Mortgage and Housing Corp. said.
The increase, compared with 2.1 per cent last fall, represented opposing forces [...]
Metro Vancouver new home prices post best rebound
June 12, 2010 by John Grasty · Leave a Comment
Metro Vancouver has seen the strongest rebound in new-housing prices among Canada’s major markets over the last year, Statistics Canada reported Thursday. The region saw new-home prices edge up 0.4 per cent in April from March on Statistics Canada’s new-home price index bringing the year-over-year gain in prices to six per cent.
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Long-term outlook for housing starts positive
June 11, 2010 by John Grasty · Leave a Comment
Residential construction is a bright spot in the Canadian economy, according to a national survey that points to good short- and long-term prospects for housing starts in most parts of the country.
Photograph by: GORD WALDNER, Canwest News Service
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Housing starts decline in May: CMHC
June 10, 2010 by John Grasty · Leave a Comment
Housing construction declined in May, with both single- and multi-unit starts falling below the previous month, Canada Mortgage and Housing Corp. reported Tuesday.
Photograph by: Files, Vancouver Sun
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