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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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 home prices dip slightly in April
May 30, 2010 by John Grasty · Leave a Comment
VANCOUVER â April saw a blip in the rise of Metro Vancouver housing prices, which is another sign that the market is easing into a balanced state.
The Conference Board of Canada noted that Metro VancouverâÂÂs average home price dipped 2.6 per cent to $662,348 in April from March, though it remains almost 20 per cent [...]
No Evergreen but Port Moody and Coquitlam Homeowners to Pay More…
April 25, 2010 by John Grasty · Leave a Comment
While TransLink collects funding from fares, tolls, senior government contributions, and from a range of taxes, it now requires more.
Starting in July 2010 Metro Vancouver homeowners will pay 1.6% more on the TransLink portion of their property taxes.
As Metro Vancouver’s regional transportation authority, TransLink plans to increase the portion it receives from property taxes collected [...]
Vancouver hotel-condo project cancelled
February 26, 2010 by John Grasty · Leave a Comment
VANCOUVER — The half-billion-dollar Ritz-Carlton hotel-condo project in downtown Vancouver is officially dead – a victim of the global recession.
Buyers who purchased luxury condos in the proposed 60-storey tower are receiving letters informing them of the project’s cancellation this week.
The letter from lawyers representing developer Holborn Group states that “worldwide economic turmoil” has had a [...]
