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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Real estate prices ease after rebound

July 7, 2010 by John Grasty · Leave a Comment 

Lower Mainland housing prices softened in June after a continued rebound in the first half of 2010 from recession-bottom lows reached more than a year ago.
Detached houses sold for a benchmark price of $795,025 in June, up 13.4 per cent from a year ago, the Real Estate Board of Greater Vancouver reported.
Duplexes and townhouses were [...]

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 [...]

CMHC expects housing rebound to continue

CMHC expects housing rebound to continue

May 10, 2010 by John Grasty · Leave a Comment 

Chris Wattie/Reuters
Home construction is expected to continue rebounding in the second half this year and into 2010 as demand increases and inventories decline, CMHC says
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“Hello Buyer’s Market!”

April 27, 2010 by John Grasty · 1 Comment 

As local real estate Board (REBGV) members will know the MLS department is reporting, “…an extremely high volume of listings at this time. There are also many new listings being entered by Broker offices.”
You would probably also be aware that an increased numbers of permits and starts are being reported by home builders, which [...]