Be bold Vancouver, buy a place in ‘JALE’
June 12, 2011 by John Grasty · Leave a Comment
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The city plans to turn an old prison into social housing in the Downtown Eastside, but it should consider this edgy alternative first
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Vancouver`s average rent, at $1,181, most expensive in Canada: CMHC
June 12, 2011 by John Grasty · Leave a Comment
Just how expensive are the rental housing units in Metro Vancouver? Up to close to $10,000 a month in some cases, it appears.
Find out what the average monthly rents are in Canada’s major cities according to Canada Mortgage and Housing Corp.’s April 2011 Rental Market Survey.
OTTAWA — Demand is outstripping supply in the country’s [...]
Shangri-la aloft
June 12, 2011 by John Grasty · Leave a Comment
A hard-hat tour of this condo is harrowing, but when it’s built, residents will be grounded in luxuryMore Info: Click here
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 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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Metro Vancouver starts ease in balance with market report
June 9, 2010 by John Grasty · Leave a Comment
VANCOUVER The pace of new-housing construction in Metro Vancouver eased off in May from that of previous months yet remains at a level in line with market conditions, Canada Mortgage and Housing Corp. reported Tuesday.
The national mortgage insurer counted 1,173 new homes across Metro Vancouver in May, a dramatic 150-per-cent improvement on the same month a [...]
Metro Vancouver housing demand expected to flatten out in 2010
May 30, 2010 by John Grasty · Leave a Comment
VANCOUVER â Metro Vancouver real estate sales will drop in 2010 compared to last year and flatten out in 2011 because new buyers who would have been in the market were enticed to buy in 2009, Canada Mortgage and Housing Corp. said Wednesday.
CMHC is forecasting that Metro Vancouver will see 35,000 property sales cleared through [...]
