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June's Kelowna Blog Feed

June's Kelowna Real Estate Blog Archive

Showing posts from March 18, 2006 to December 15, 2006

March 18, 2006
Housing costs increasing faster than inflation - Cost of ownership is outpacing the cost of renting: Housing costs in B.C. rose faster than the rate of inflation during the past 12 months,...

March 23, 2006
Survey finds homeowners underestimate property values - British Columbia homeowners generally don't know what they've got when it comes to the value of their property, according to RBC...

March 24, 2006
Market value: Following the Fortunes of Real Estate - Source: Real Estate Board of Greater Vancouver and BC Assessment 9800 blk Seacastle Dr., Richmond Four-bedroom, three-bath, 1,998-sq.-ft....

March 25, 2006
Soap and Water Boost Home Sale Prices! - Do you have your house on the market or are you thinking of listing? Here are a few tips to help you hasten the sale and get top dollar.....simplely start by...

March 30, 2006
EDITORIAL: A time when starter homes didn't face fees and taxes - I (Craig McInnes) have always been impressed with the personal accounts of pioneers. They would arrive in their new land...

March 30, 2006
B.C. homes Canada's least affordable - Soaring prices in the fourth quarter of 2005 pushed the cost of a standard two-storey home in B.C. to $435,000 or an affordability of 62.8 per cent of average...

March 31, 2006
House prices rise higher still - Large price increases for homes in British Columbia, Alberta and Ontario are behind a national surge in real estate sales, with the average selling price of a Canadian home...

March 31, 2006
Surging Prices - Real estate continued to climb in British Columbia in February, with year-over-year residential prices posting one of the sharpest jumps in Canada. However, Alberta is eclipsing B.C. in the pace...

March 31, 2006
Market value: Following the Fortunes of Real Estate - 2600 blk Ottawa Ave., West Vancouver Four-bedroom, three-bath, 3,275-sq.-ft. home with a southwest view. Bought: July 2005, $1.241m...

March 31, 2006
With real estate so hot, lenders create rental-investment options - With real estate prices continuing to climb, and new mortgage options making buying property possible again, the time...

April 3, 2006
FAQ: How to Pay off the Mortgage Faster - Our (Bell Spagnuolo) clients tell us that one of their highest financial priorities is to reduce or pay off their mortgage as quickly as possible. The faster...

April 3, 2006
Healthy Greater Vancouver home sales fuel March housing market - Continued demand in the Greater Vancouver housing market led to an increase in sales and listing activity last month. Sales...

April 3, 2006
Bright spots in Greater Vancouver in March 2006 compared to March 2005 - APARTMENTS: Richmond up 101.6% .......................(371 units sold, up from 184) Coquitlam up 26.8%...

April 3, 2006
OPEN HOUSE April 9th SUNDAY 2-4 - This one level residence is one that, as you drive by, you take notice! Great from the exterior and, you guessed, meticulously cared for inside too. Approx 1700 sf all...

April 4, 2006
Bank says risk of housing price correction is rising - The odds of a housing price correction are rising, a major bank is warning. However, the chances that the seven-year boom will turn to a...

April 5, 2006
Spike in housing prices raises risk of bubble - An eye-popping 22-per-cent jump in housing prices last year is raising the risk of a real estate bubble in Vancouver, a TD Bank economist said...

April 5, 2006
Greater Vancouver's March house sales up 37% over February - Fraser Valley rises 24% as spring spurs market. Spring home-buying activity kicked into high gear last month with Greater...

April 7, 2006
Market value: Following the Fortunes of Real Estate - 8200 blk FRANCIS RD., RICHMOND Four-bedroom, three-bath, 1,371-sq.-ft. townhouse in the Garden City neighbourhood. Bought: New Listed:...

April 10, 2006
Vancouver 3rd best place to live in the world - Vancouver is the best city in Canada in which to live, and the third-best place in the world, according to an annual quality of life survey. Of 215...

April 10, 2006
The Good and the Bad - The 10 best and 10 worst cities for quality of life. BEST CITIES IN WHICH TO LIVE (SEVERAL CITIES TIED): 1. Zurich, Switzerland 2. Geneva, Switzerland 3. Vancouver, Canada...

April 10, 2006
BC private schools rank tops in report - Private schools took the top 12 spots in the Fraser Institute's controversial annual ranking of B.C. secondary schools for 2006. Six Lower Mainland private...

April 11, 2006
Vancouver 108th (out of 108) in Canada when measuring household income vs the cost of buying a single family house - Victoria is only the 37th best place to live...

April 11, 2006
Home construction soars across Greater Vancouver - Michael Kane, Vancouver Sun Published: Tuesday, April 11, 2006 Vancouver-area housing starts rocketed 30 per cent last month compared to the...

April 11, 2006
Housing market sizzles - British Columbia's housing starts continue to roar at a red-hot pace, with a sharp increase in activity in March capping out a strong first quarter. March (month over month)...

April 11, 2006
B.C. continues to grow at a healthy pace - British Columbia continues to grow at a healthy pace despite a slight decrease in the quarterly economic index maintained by the Business Council of British...

April 12, 2006
Increasing cost of building Vancouver houses puts upward pressure on inflation - The surge in prices for new houses is now nearing the increases of the late '80s housing boom, and...

April 12, 2006
Status of Vancouver's new home building boom - The price of new homes in Vancouver edged up in February, although prices did not rise as rapidly as some other major urban centres (Percentage...

April 14, 2006
Approach with caution innovative new mortgage packages making owning a home easier! - Innovative new mortgage packages are making owning a home easier, at least in theory. But in...

April 14, 2006
What does it mean to you paying down, for example, a $100,000 mortgage amoratized over: 25 yrs, 30 yrs and 35 yrs - Canada Mortgage and Housing Corp. now guarantees...

April 19, 2006
BC's most productive industries - Some of B.C.'s oldest industries, farming, fishing, forestry and hunting, are the most productive in the province, according to the Centre for the Study of Living...

April 19, 2006
Vancouver home prices rise on building costs - Vancouver's soaring new home prices are being mainly driven by escalating construction costs, a factor that is increasing the risks that developers...

April 22, 2006
Retiring boomers stoking BC recreational properties - Robert Mercier and Agathe Fillion jumped at the chance to buy a waterfront home for $1.2 million in Fanny Bay, south of Courtenay on...

April 22, 2006
Want to invest minimum $1million in BC real estate? - There has been a massive shift in the number of million-dollar single-family homes in B.C., with Vancouver having the greatest number. The...

April 22, 2006
Massive Surge in British Columbia $1M Homes - B.C.'s surging home market has nearly doubled the number of real estate millionaires in the past year with 22,000 single-family dwellings now assessed at...

April 22, 2006
BC has an increasing selection of $1 million plus homes - The number of million-dollar single-family homes in B.C. is increasing sharply, rising 79% in one year and a whopping 187% since 2004....

April 22, 2006
Where to find a $1 Million+ Home in BC? - There has been a massive shift in the number of million-dollar single-family homes in B.C., with Vancouver having the greatest number. The areas with the most...

April 23, 2006
Title monetering service available - Runaway housing prices and a highly competitive mortgage industry are contributing to a growing problem with mortgage fraud across the country, experts say. But...

April 24, 2006
Quick condo sell-off in the heart of Vancouver's Downtown Eastside! - In less than 12 hours after sales began yesterday, April 23rd -- every single one of the 536 condo units at...

April 28, 2006
Revnue-making tax on home sales will stay, for now - The B.C. government is making too much money from the property-transfer tax to consider real-estate industry requests to kill or reduce it,...

May 3, 2006
April house sales fall, prices rise - Sales of homes in Greater Vancouver dropped a whopping 17.3 per cent in April from a year ago and dwindling supplies pushed up prices for some properties by almost...

May 3, 2006
Up and down in Vancouver's Fraser Valley - Sales dipped slightly in the Fraser Valley Real Estate Board's region, but prices were another story. DOWN: 3%: Unit sales, down to 1,875 in April 2006...

May 3, 2006
Vancouver sales drop while prices soar - The Real Estate Board of Greater Vancouver reported a plunge in the number of sales, but prices skyrocketed. DOWN: 17.3%: Unit sales drop to 3,345 in April...

May 9, 2006
PART 1/3: Leaky condo's still a disaster - B.C.'s leaky condo disaster is entering its third decade. The worst of it is behind us but it is far from over and we are not nearly finished paying for it,...

May 10, 2006
Northern Boom - Building permits were up in every region of B.C. in the first three months of the year compared to Q1 2005, but the percentage increases in the northern regions of the province were stratospheric....

May 10, 2006
PART 2/3: Leaky Condos, Silver lLning - If B.C.'s leaky condo disaster has a silver lining, it's the province's hot housing market. Prices are rising so fast that once a leaky condo is properly...

May 11, 2006
PART 3/3: Whose fault is it that BC condos leaked.... - .....and rotted, and who should pay to fix them? Those are easily the most vexing questions raised in B.C.'s leaky condo disaster. And...

May 11, 2006
Record real estate sales predicted for the Lower Mainland by CMHC - Lower Mainland real estate markets should hit new record levels for sales this year before waning slightly in 2007 due...

May 12, 2006
Sticker shock drives house hunters into condominiums - Call it home hunting, not house hunting. Potential buyers in Greater Vancouver's real estate markets are increasingly giving up on dreams...

May 12, 2006
Market value: Following the Fortunes of Real Estate - 3000 blk Terravista Place, Port Moody A two-bedroom, two-bath, 1,073-square-foot townhouse Bought: November 2004, $86,000 Listed: March...

May 12, 2006
Stylish flooring can be environmentally friendly - In decorating, everything rests on the floor. Flooring sets the tone, takes most of the wear and tear, and costs the most to change. Despite...

May 12, 2006
Eco chic: Going green with taste - This spring, it seems "green" has progressed from merely a colour to a mantra. Vanity Fair magazine has a green issue on the stands, and so does House &...

May 13, 2006
Real estate boom hits notorious Vancouver area - Until two months ago, Nick Bahrami's Downtown Eastside building was home to some of Vancouver's poorest people. It now has a for sale sign on it....

May 13, 2006
BC's large building projects worth $92 billion - British Columbia now has a record 711 large building projects worth $91.6 billion on its major projects inventory, an $8-billion increase from last...

May 13, 2006
Green housing sells, but it costs more - Are buyers willing to pay a premium for a new home if they know that they can live an eco-friendly lifestyle in a home that is energy-efficient and incorporates...

May 13, 2006
Built green homes save energy and money - Environmental sustainability may not be the first thing on new-home prospects' minds when they tour a show home. But perhaps it should be, because almost...

May 18, 2006
Hot Spots in BC Housing Market - Vernon chalked up the most dramatic rise in house prices in Canada over the past five years, with the average house there jumping 129 per cent to $355,000 from $155,000,...

May 18, 2006
Who are BC's Real Estate Champions? - Vernon, one of the crown jewels of the Okanagan, takes the title as hottest housing market in Canada for the past five years, according to Century 21. Here's how it...

May 30, 2006
Mega-projects to increase land values - Shorter commuting time drives demand and fuels higher prices, real estate consultants say..... Highway improvements and new rapid transit lines will increase...

May 30, 2006
Suburbs to see rise in land values - So many of the province's proposed Gateway transportation improvements lead to Maple Ridge and Pitt Meadows that land values in the two Vancouver suburbs will jump as...

May 31, 2006
Vancouver flirting with "bubble-like" house prices - Conditions not in place yet to 'pop the bubble,' economist says.... Canada's made-in-the-West housing boom is heating up, "potentially...

June 1, 2006
Want a waterfront cabin in BC? - British Columbians dreaming of owning a waterfront cabin should prepare to go rustic, or be willing to pay $1 million. Royal LePage's 2006 recreational property report...

June 1, 2006
Cabin Fever - Nine per cent of Canadians own a cabin/recreational property, while four per cent are planning to purchase and five per cent are considering purchasing within the next three years. The competition will...

June 1, 2006
Where in Canada do I have to go to find is an "affordable" waterfront cabin with land access? - Average price for a standard waterfront, land access cabin B.C.: $996,900...

June 2, 2006
Housing likely to boom till 2007 - British Columbia's housing boom, already the longest on record, will continue into 2007, but the biggest gains will occur outside the Lower Mainland, Credit Union...

June 2, 2006
Market value: Following the Fortunes of Real Estate - 3100 blk PIER DRIVE, COQUITLAM A three-bedroom, four-bath, 2,100-square-foot single family home with a mountain view in the Harbour View...

June 2, 2006
Greater Vancouver's attached sales strenghten steady spring market - The Real Estate Board of Greater Vancouver (REBGV) reports that sales of detached, attached and apartment properties...

June 3, 2006
Homeowners to get hit hard by tax increase - An estimated 650,000 residential property owners around the Lower Mainland will dig deeper than ever this year, with average increases in municipal taxes...

June 3, 2006
How do your 2006 taxes compare with other Lower Mainland municipalities? - From 6.2% in City of North Vancouver, 1% in the District of North Vancouver to 4.7% in West...

June 3, 2006
May housing sales up in Fraser Valley and down in Greater Vancouver area - Vancouver sales drop 3.1% as buyers seek 'more value' for dollar in suburbs! The affordability exodus...

June 3, 2006
Expensive copper pushing up the price of housing - ''If you have a jar of pennies at home, lock it up! Copper prices are rising and that means higher costs for builders. A 2,100-square-foot...

June 4, 2006
Renovations with the biggest return - The renovations with the biggest returns are bathrooms and kitchens followed by new paint on interiors and exteriors, a survey of appraisers suggests. Bathroom and...

June 6, 2006
B. C. real estate boom can cost us - British Columbia would be punished for its high property values with a reduction of hundreds of millions of dollars in transfer payments if a federal panel's...

June 6, 2006
Double-digit single family residence price hikes - The average price of a single family residence in the Vancouver Island Real Estate Board's region (VIREB does not include Victoria) increased by...

June 8, 2006
Sale of apartment buildings show surge - Shortage of supply and low vacancy rate make it the best market since 1989. Sales of rental apartment buildings in greater Vancouver are up 30 per cent in the...

June 9, 2006
Greater Vancouver single detached housing starts up, multiple starts down in May - Figures no surprise to CMHC analyst after multiple starts rose over several months Housing...

June 9, 2006
Industrial land shortage looms in Vancouver's Lower Mainland - In the rush to make room for more and more people to live, the Lower Mainland is running out of space for us to make a living....

June 9, 2006
Market value: Following the Fortunes of Real Estate - 2400 block Gately Ave. Port Coquitlam A five-bedroom, two-bath, 1,834-square-foot single family home located in central Port Coquitlam....

June 9, 2006
House prices in Vancouver's Lower Mainland? - 58-122% price change over the past five years (May 2001-May 2006) in the following areas: Greater Vancouver ($635,926) +89.4 Burnaby ($656,419)...

June 9, 2006
Townhome prices in Vancouver's Lower Mainland? - 79-123% price change over the past five years (May 2001-May 2006) in the following areas: Greater Vancouver ($396,455) +95.4 Burnaby...

June 9, 2006
Apartment prices in Vancouver's Lower Mainland? - 76-132% price change over the past five years (May 2001-May 2006) in the following areas: Vancouver ($321,559) +112.2 Burnaby ($286,695)...

June 15, 2006
Property buying mania hits western Canada - The intense competition for a place to call home has sent prices in Western Canada soaring in the past 12 months, with Calgary rocketing an incredible 43.6...

June 15, 2006
Canada's average sale price of a home - The average sale price of a home in Canada hit $300,000 last month (May 2006), driven higher by Western markets that show no signs of cooling. MAPLE RIDGE, B....

June 15, 2006
Residential sales across Canada - a sampling - Residential sales in May 2006: CITY.....DOLLAR VALUE ($000).....YTD % CHANGE.....UNIT SALES Calgary.....1,271,659.8.....60.6.....3,550...

June 29, 2006
Vancouver construction costs increase 1% and with consequences - The unprecedented rise in construction costs has claimed its first Vancouver victim -- the Varsity in Point Grey Village....

June 30, 2006
If it's green, they've got a term for it - Maybe it's the influence of the protest songs on the radio or the boho fashions in store windows, but there is definitely a revived eco-consciousness out...

June 30, 2006
Market value: Following the Fortunes of Real Estate - 1800 blk W. 16th Ave., Vancouver Two-bedroom with den, corner unit in Shaughnessy Court complex, with hardwood floors and private garden...

July 5, 2006
FAQ: Information for non-resident buyers and sellers of Canadian real estate - There are certain legal and accounting issues that arise when a non resident of Canada acquires or...

July 6, 2006
Vancouver home sales decline, listings increase - Real estate sales dropped and listings rose in both Greater Vancouver and the Fraser Valley in June compared with the same month last year, but the...

July 7, 2006
Market value: Following the Fortunes of Real Estate - 1700 blk Chesterfield Ave., North Vancouver A three-bedroom, three-bath, 1,703-square-foot end-unit townhouse in the Tudor Gate development...

July 8, 2006
BC Investment Hotspots - There are still scores of opportunities for savvy investors to get high on the Lower Mainland housing scene, real estate consultant Ozzie Jurock says in the June issue of his...

July 8, 2006
Migration spurs BC housing demand - People moving to British Columbia from other countries and other provinces are adding to demand for housing, says a B.C. regional economist with Canada Mortgage and...

July 8, 2006
Going greener than green - The University of British Columbia plans to build 'the most innovative and high-performance building in North America. An environmentally-innovative $36-million building the...

July 9, 2006
How long can this real estate boom go on? - N. Shore house prices yet to soften. The numbers are startling. In the past three years, the average price of a detached home in West Vancouver has shot up...

July 12, 2006
Housing starts on pace for a record year - A surge in suburban residential construction has put Greater Vancouver housing starts on pace for their best year in more than a decade. Greater Vancouver...

July 14, 2006
Market value: Following the Fortunes of Real Estate - 41000 blk BIRKEN ROAD, SQUAMISH A three-bedroom, two-bath, 1,601-square-foot rancher with a back deck, front veranda and heated shop in...

July 21, 2006
BC not exactly cottage country - Nationally, cottage ownership is highest in Saskatchewan and Manitoba (11%), followed by Ontario (10%), Quebec (8%) and the Atlantic provinces (8%). British Columbians...

July 21, 2006
Market value: Following the Fortunes of Real Estate - 19000 blk 118B Ave., Pitt Meadows Three-bedroom, three-bath, 2,300-sq.-ft. single family home in Central Meadows. Bought: Oct. 1994,...

July 22, 2006
Vancouver West MLS sale facts - NUMBER OF SALES June 2006 Detached 181 Attached 75 Apartment 503 MEDIAN SELLING PRICE June 2006 Detached $1,174,000 Attached $566,500 Apartment $380,000...

July 23, 2006
Vancouver East MLS sale facts - NUMBER OF SALES June 2006 Detached 232 Attached 59 Apartment 177 MEDIAN SELLING PRICE June 2006 Detached $585,000 Attached $446,750 Apartment $262,250 NUMBER...

July 24, 2006
West Vancouver MLS sale facts - NUMBER OF SALES June 2006 Detached 73 Attached 6 Apartment 24 MEDIAN SELLING PRICE June 2006 Detached $1,281,000 Attached *n/a Apartment $580,000 NUMBER OF...

July 25, 2006
North Vancouver year-to-date sale facts - NUMBER OF SALES June 2006 Detached 128 Attached 43 Apartment 117 MEDIAN SELLING PRICE June 2006 Detached $719,500 Attached $481,70 Apartment...

July 26, 2006
It's all in the numbers! - 2005 was a banner year for real estate in Greater Vancouver. 2006 is shaping up to be one of the best years on record. Highlights of year-to-date 2006 (Jan-Jun) residential real...

July 27, 2006
Status of Greater Vancouver "supply side" of the condominium market - Pricewaterhouse-Coopers' latest review of the condominium market shows that, over the next 24 months, developers are...

July 28, 2006
Condo prices spark fears of "affordability" crisis - Greater Vancouver's condominium market is flashing warning signs, PricewaterhouseCoopers reports in its latest condominium market review, that...

July 28, 2006
Market value: Following the Fortunes of Real Estate - 2300 blk Folkestone Way., West Vancouver Two-bedroom, three-bath, 2,828-sq.-ft. townhouse with spectacular view in the gated Westpointe...

August 3, 2006
July house sales drop; average price increases - Lower Mainland real estate markets experienced a dramatic drop in sales in July, which is a possible sign that they've hit their limit for overall...

August 3, 2006
Slowdown expected as costs squeezes out Buyers? - AT THE LIMIT? The Greater Vancouver real estate market experienced declining sales in July. - Single family homes: 1,031, -28.3% Price:...

August 8, 2006
What are mortgage rates expected to do? - Canada's lower inflation rate, nearly 2% lower, than the United States' economy is generating will allow the Bank of Canada to steer a lower course on interest...

August 9, 2006
Vancouver bucks national building trend - Vancouver is bucking the national trend in new building projects, according to the latest figures from Statistics Canada. "We just keep chugging...

August 10, 2006
Vancouver July housing starts highest in history - Greater Vancouver's housing starts climbed 32 per cent to 2,168 units in July, the most yet recorded for the month, according to figures released...

August 10, 2006
New home construction in BC continues to lead the country - Strong B.C. new home construction with the rate of condominium starts reflecting growing interest in less expensive homes. The...

August 11, 2006
BC cities house prices outpaced by other Canadian cities making BC looking good to buy! - Increases in new home prices in Vancouver and Victoria during June were almost...

August 19, 2006
Non-toxic and natural paints to "spruce up" your home - The U.S Environmental Protection Agency rates paint among its top five environmental hazards. Indoor air studies have found that the...

August 19, 2006
Vancouver home sales return to normal summer market cycle - The Real Estate Board of Greater Vancouver (REBGV) reports that total residential sales for detached, attached and apartment...

August 20, 2006
STRATA: Can the strata stop rentals? - Dear Condo Smarts: We purchased a townhouse in the Shuswap region for summer family use and as a rental investment. The strata corporation have now passed a...

August 25, 2006
Market value: Following the Fortunes of Real Estate - 4900 blk 44B Ave., Ladner Five-bedroom, three-bath, 2,272-sq.-ft. home with two-bedroom suite and south-facing back yard. Bought: Sept....

September 1, 2006
Western housing market "vulnerable" - The Vancouver housing market is vulnerable to "significant moderation" because recent price increases are not sustainable, according to the co-author of TD...

September 1, 2006
Rising dollar blamed for residential construction and real estate activity slowdown - Economic growth -- undercut by falling exports -- has slowed significantly and more than...

September 1, 2006
Market value: Following the Fortunes of Real Estate - 12001 blk RAILWAY AVE., RICHMOND Two-bedroom-and-den, two-bath, 1,494-sq.-ft. townhouse in Steveston South. Bought: Aug. 1995, $289,900...

September 2, 2006
"Granite-countertop" effect driving BC housing prices higher - Call it the granite-countertop effect: As British Columbia housing prices skyrocket, buyers demand higher-quality finishings...

September 2, 2006
Will BC still grow if the US slows down? - Reports of a real estate bubble in the United States, with housing starts and sales dropping fast, has Canadians worried that a U.S. recession may be...

September 2, 2006
Weighing in: Is your industry vulnerable? - Recent economic numbers out of the United States, especially concerning a possible housing bubble, have some sectors worried about a recession. But if a...

September 6, 2006
Fewer house sales reported in August - Selling price of a typical city house jumps 19% in one year inspite of decreasing monthly sale activity the past couple of months! Read on: Housing sales...

September 6, 2006
Bank of Canada holds rates unchanged - The Bank of Canada held its overnight rate target steady Wednesday, a non-move widely expected by the markets, and indicated it expects to remain on hold for the...

September 8, 2006
Home building declines the most in BC - B.C. saw the biggest decline in the value of residential building permits of any province in Canada from June to July, Statistics Canada reported Thursday. The...

September 8, 2006
Market value: Following the Fortunes of Real Estate - 1800 blk W. 7th Ave., Vancouver Two-bedroom-and-den, two-bath, 880-sq.-ft. interior-decorated apartment in The Carnegie on the west side....

September 8, 2006
Which mortgage to get--fixed or variable--depends on you - After two years of steady increases in bank rates, economists are now suggesting the next move may be downward. But the real question...

September 8, 2006
Watching the interest rates - Borrowers agonizing last September between a fixed-rate mortgage and a variable-rate mortgage need not have worried because, in the end, the difference between the two may have...

September 12, 2006
B.C.'s new-home buyers take double blow with high prices and six-percent GST - The high price of new houses in British Columbia means buyers are out of pocket in two ways: First,...

September 12, 2006
Housing starts drop more than expected - Home construction has slowed more than expected, and the sector -- which has been an engine of overall economic growth -- was already a drag on industrial...

September 13, 2006
Vancouver area close to levels reached before previous downturn - The cost of carrying the average mortgage is nudging levels that preceded the last two significant downturns in the greater...

September 13, 2006
Price of paradise takes a hit - The price of paradise is rising precipitously for quarter-share owners in vacation properties, who are finding their taxes doubling and tripling after they buy. Taxes on...

September 14, 2006
Chilliwack BC the champ - The average price of a single family detached home in the Fraser Valley Real Estate Board's region rose 18.5% from August of last year to August 2006, but owners in Chilliwack enjoyed...

September 17, 2006
STRATA: In-suite laundry needs building permits, permission - Dear Condo Smarts: We live in an older apartment (now condo) building in Nanaimo. There has always been a central laundry...

September 29, 2006
B.C. housing market still hot although Vancouver price hikes have tapered off - British Columbia's housing market remains hot despite slowing sales, separate housing reports Thursday...

September 29, 2006
House prices are tapering off in most Greater Vancouver neighbhourhoods! - Gains in the prices of homes in the city are being offset by declines on the North Shore: Detached...

October 4, 2006
Housing sales drop and listings increase - The sellers' market in Lower Mainland real estate is coming to a close. Sales in September declined sharply and listings rose for the fourth month in a row....

October 4, 2006
Consider home renovations with $ caution - British Columbians are the most bathroom-improving, paint-applying, fence-repairing, hot-tub-loving home renovators in Canada. But an RBC Royal Bank...

October 5, 2006
Housing developers warned supply could exceed demand - There is a risk that a surge in home building in B.C. could leave developers out in the cold if supply exceeds demand, according to Tsur...

October 6, 2006
Renting: Hitting the $1,000 sweet spot - If you think buying a house in our housing market is hard, try finding a place to rent. Connor Holloway thought a budget of up to $1,500 a month for a...

October 6, 2006
What $1,000/month rent gets you in an apartment or townhouse in Vancouver's Lower Mainland - 1. Vancouver downtown, near Coal Harbour -- Studio, one bath, 568 sq. ft., heat...

October 6, 2006
Winning the rental game - Here are some helpful hints and contacts to help you find the perfect rental home. - Walk or drive around the area you want to live and look for signs. Go early on the first of the...

October 6, 2006
Market value: Following the Fortunes of Real Estate - 200 blk EVERGREEN DR., PORT MOODY Three-bedroom, four-bath, 1,860-sq.-ft. townhouse with large rec room and patio overlooking a greenbelt in...

October 6, 2006
Retirement-home buyers going south - British Columbians are fleeing the high cost of recreational real estate by buying just across the U.S. border, a realtor in Birch Bay, Wash., says. They are...

October 7, 2006
Developers face threat of over supply - A surge in home building in B.C. during a time of falling sales could leave developers out in the cold if the trend continues to the point where supply exceeds...

October 7, 2006
Building to a frenzy - The home construction boom in B.C. continues at a torrid pace even as sales decline. July-August increase in value of B.C. residential permits Increase in first eight months of 2006...

October 21, 2006
BC Home Warranty Insurance - As a result of provincial legislation introduced in 1999, buyers of new homes in B.C. are protected by the most comprehensive system of home warranty insurance against...

October 27, 2006
Commuted sentence - According to a recent Statistics Canada report (July 2006), Canadians spend an average of 63 minutes a day, or 12 days a year, commuting to and from work. (Source: Vancouver Sun)

October 27, 2006
Market value: Following the Fortunes of Real Estate - 2600 blk William St., Vancouver Five-bedroom, two-bath, 1,904-sq.-ft. home, with one-bedroom suite, backyard with southern exposure in the...

October 31, 2006
BC's fertile ground for organic farming - Organic farming continues to take root in B.C., with proportionally more farms devoted to this method of raising crops than in any other province. In 2005,...

October 31, 2006
BC wages expected to rise 4% in 2007 - Wage gains in B.C. will average a strong four per cent next year, with many firms forced to put growth on hold as they redirect revenues toward employees, the...

November 1, 2006
Timing is right to invest in the Shuswap area! - According to the Okanagan Mainline Real Estate Board the Shuswap Zone continued to see sales activity decline for the past month of October,...

November 1, 2006
Canada's largest house goes on sale in Abbotsford - The residence at 29444 58th Ave. in Abbotsford is no plain farmhouse. It is possibly Canada's biggest single-family residence stretching...

November 2, 2006
BC resource towns threatened - Brace for more change in rural B.C., even to the point of eliminating entire resource towns, and privatizing Crown forest lands, a symposium of forests and land management was...

November 3, 2006
New housing supply outstripping demand - New housing construction shows more signs of cooling in British Columbia, with a local research firm finding supply outstripping demand in some areas. Also...

November 3, 2006
Home supplies in Vancouver's Lower Mainland - Supply has outpaced demand in some areas of Greater Vancouver, leading to 'a raised level of uncertainty for both the resale and new home market,'...

November 10, 2006
Cool concrete. It's not dull, grey & boring anymore.....concrete with color has that WOW factor! - Get over the idea that concrete floors belong only in the garage or the...

November 10, 2006
More than a wall: living, breathing "green wall" is a delight to behold and a boon to the environment - There are a lot of reasons to get excited about a "green...

November 10, 2006
Market value: Following the Fortunes of Real Estate - 9500 blk Emerald Dr., Whistler Three-bedroom, two-bath, 1,800-sq.-ft. single-family home on a 14,160-sq.-ft. lot with mountain view....

November 11, 2006
Housing sales set to drop - British Columbia is experiencing the slowly approaching end to its real estate market cycle due to astronomically high prices in the most expensive regions, Credit Union Central...

November 11, 2006
Tips to reduce household contaminants! - The national housing agency, the Canadian Mortgage and Housing Corp., circulated a couple of reminders recently that our homes can be perilous places....

November 11, 2006
House price plateaus sign of future strength - Published: Saturday, November 11, 2006 At MPC Intelligence, we have been tracking new-home-project sales since July. For the first time, we are...

November 12, 2006
BC's housing market - days of tight Seller's market coming to an end - B.C.'s housing market is likely heading toward its first-ever soft landing as sales slide, starts decline and price...

November 15, 2006
Housing bubble burst in US cools BC exports - The shock wave caused by the bursting U.S. housing bubble is hitting British Columbia faster and harder than the rest of Canada, and is expected to drag...

November 15, 2006
Olympics'on housing could last umtil 2031 - British Columbia's southwest region can expect the 2010 Winter Olympics to deliver a four-per-cent kick to housing growth, economist David Baxter said...

November 15, 2006
Stable housing market predicted until 2010 - The outlook for British Columbia's housing market looks stable until 2010, Canada Mortgage and Housing Corp. reported Tuesday. Canada Mortgage and...

November 16, 2006
Uniquely designed all in one: practical porcelain cookware, tableware & cookware - Chef and food writer Sophie Conran has designed porcelain table and kitchen products with the...

November 17, 2006
Flu-less, free standing, portable, enviroment friendly fireplace! - The EcoSmart® Fire is an Australian innovation - an environmentally friendly open fireplace. The fireplace is flueless...

November 17, 2006
Market value: Following the Fortunes of Real Estate - Fraser Valley Real Estate Board, BC Assessment 8800 blk 208th St., Langley A three-bedroom, two-bath, 1,273-square-foot townhouse with...

November 18, 2006
Beyond the "pink" stuff - Made from one of the world's most abundant materials, silca sand, fibreglass insulation has long been the product of choice for both do-it-yourselfer and professional. In recent...

November 18, 2006
Going green.....bright idea - Conserve energy by replacing your incandescent light bulbs with compact fluorescent bulbs. For each CF bulb replacement, you'll lower your energy bill and keep nearly 700 pounds...

November 18, 2006
Going green.....smart gadgets - CENT-A-METER An electronic gauge that tells you how much you are spending on electricity. It also displays your power consumption and the equivalent greenhouse gas your...

November 18, 2006
Going green......10 ways to make a difference - The David Suzuki Foundation has researched the 10 most-effective ways to help conserve nature and improve our quality of life. Here's how you can make...

November 20, 2006
Building a house for easy breathing - Simon Fraser University physician and researcher Dr. Tim Takaro and his colleagues at the University of Washington and the Seattle Housing Authority have specially...

November 20, 2006
Signifanct changes with zero-down mortgages - The high ratio insurers now allow purchasers with good credit and income to buy with zero down at fully discounted rates. The net result on a...

November 21, 2006
Lobbying attempts to reduce the sting on the sale of existing rental properties - Smaller landlords might be inclined to build new rental apartments if they didn’t face an...

November 21, 2006
Revamped ski resorts raise B.C.’s bar - With the countdown to the Vancouver 2010 Olympic and Paralympic Winter Games well underway, B.C. ski resorts have spent millions of dollars in the...

November 23, 2006
BC unlikely to see lower prices soon - The upside of British Columbia's real-estate-market cycle has been steep, but the downside will not be as rapid as in the U.S., according to the real estate firm...

November 23, 2006
Stats show upside in British Columbia & Alberta real estate - Realtors of a realty company have tracked the rise of real estate prices in select locations. Some examples: Location 2006...

November 23, 2006
Salmon Arm sale activity increases year to year! - Salmon Arm's residentail sale activity has practically doubled over the past six years. Check out these stats from Okanagan Mainline Real Estate...

November 23, 2006
Home ownership less affordable....incomes failing to keep pace - Keeping a roof over your head is getting a little more financially difficult, especially in high-priced Vancouver and the...

November 23, 2006
No relief from housing-market heat in North Vancouver - A new report suggests B.C. home prices will not decline as they have in some U.S. markets and hot spots like Vancouver's west-side and...

November 23, 2006
Okanagan market activity October 2006 - According to Okanagan Mainline Real Estate Board (OMREB) wide MLS sales decreased by-5.1% to 691 units sold in Oct 2006 compared to 728 sold during the same...

November 23, 2006
Salmon Arm & Shuswap area market activity October 2006 - The Salmon Arm/Shuswap area continued to see sales activity decline for the past month of October, listings are strong and continue to...

November 24, 2006
Market value: Following the Fortunes of Real Estate - 11500 blk-197A St., Pitt Meadows Three-bedroom, three-bath, 2,284-sq.-ft. house on a 7,500-sq.-ft. corner cul-de-sac lot. Bought: Jan. 20,...

November 25, 2006
Housing sales boom in resource-rich Northern B.C. - Real estate markets in British Columbia's resource-rich North ( area stretch from Prince Rupert through Prince George to the Alberta border...

November 25, 2006
Real estate sale's boom echos in B.C.'s north! - B.C.'s North which is the area from Prince Rupert through to Prince George to the Alberta border including Fort St. John and Fort Nelson, but...

November 25, 2006
Vancouver's "luxury" real estate market - In Vancouver, general enthusiasm for playing in the real estate market has cooled, but not for the upper crust, according to Royal LePage Real Estate. While...

November 25, 2006
Increasing sales in Canada's "luxury" real esate market - Real estate sales may be slowing, but not for the snob set. Royal LePage Real Estate counted increasing numbers of sales in what it...

November 28, 2006
BC house insurance warning issued...review your policy! - B.C. homeowners are being urged to make sure they have enough insurance to pay for rebuilding if disaster strikes in this era of...

December 1, 2006
Market value: Following the Fortunes of Real Estate - 1200 blk QUAYSIDE DR., NEW WESTMINSTER Two-bedroom, three-bath, 1,480-sq.-ft. apartment with large balcony close to SkyTrain and shopping....

December 4, 2006
Salmon Arm real estate activity Jan 1-Nov 30, 2006 - Affordability is still attainable in Salmon Arm in all types of residential catagories (lots/acreages, mobile homes, detached homes and strata...

December 5, 2006
Real estate sales lower, but no "correction" predicted - Real estate sales across the Lower Mainland this year are continuing at a pace about 10-per-cent below last year's record clip, regional...

December 5, 2006
You can vote on the new 7 wonders of the world! - A global competition to name the new wonders of the world is attracting widespread interest, with more than 20 million people voting so far,...

December 5, 2006
Cool sales may slow price rise - Residential real-estate sales in Vancouver cooled a little more last month and could slow the rise in prices, the Real Estate Board of Greater Vancouver said yesterday....

December 6, 2006
Interest rates to hold despite weakening economy - The Canadian economy appears to be weakening more than expected, the Bank of Canada admitted Tuesday, but indicated it’s not yet weak enough to...

December 6, 2006
Shuswap median price in the $200,000 range - A quick review of year to date monthly house median prices for the Shuswap are as follows: 2006 $275000 Oct $272500 Sept $295000 Aug...

December 7, 2006
Could a big price drop be approaching? - In a sea of buoyant sentiment about Greater Vancouver's rising real estate prices, a pair of Canaccord Capital Corp. investment advisers are cautioning their...

December 8, 2006
A guide to full proof renovations - Make It Right: Inside Home Renovation with Canada's Most Trusted Contractor (Collins, $39.95) is written by Mike Holmes of the hit HGTV show Holmes on Homes. His book...

December 8, 2006
Market value: Following the Fortunes of Real Estate - 5800 blk WOODSWORTH ST., BURNABY Four-bedroom, three-bath, 1,191-sq.-ft. townhouse near BCIT and SFU. Bought: Feb. 27, 2006, $353,671...

December 9, 2006
Rise in construction costs forecast to slow - Developers will face less "sticker shock" from inflation of construction costs for the remainder of the decade, a prominent quantity surveyor...

December 9, 2006
Last month's housing starts up over "05 - November's frightful bouts of rain and snow didn't deter homebuilders from starting construction on a higher number of housing units than the same month a year...

December 9, 2006
BC's growth continues to look bright - 'You're the Gloomy Gus," I said to Ernie Stokes of Stokes Economic Consulting as he emerged from a meeting room Friday where he and 12 other economic advisers...

December 10, 2006
Shuswap area average & median price - $269,655 is Shuswap area average house price November 2006; $278,125 is the median house price. November 2006 realized a "titch" less sale activity...

December 12, 2006
No rates movement expected by Feds - WASHINGTON -- The U.S. economy is in pretty good health despite the ailing housing and auto industries, allowing the Federal Reserve to feel comfortable about leaving...

December 12, 2006
Mortgage rates drop in minor tweeking - Canadian mortgage rates dropped a tenth of a percentage point today -- a minor tweaking that keeps one-year and five-year fixed rates abnormally close to each...

December 12, 2006
B.C. construction set to pack bigger punch - Construction in the industrial, commercial and institutional sectors will pack an ever bigger economic wallop in the coming years totalling $17.3 billion...

December 12, 2006
B.C.'s building boom goes sonic - B.C.'s non-residential construction sector is surging into a white-hot future, says a new report. The already blistering pace of non-residential building across the...

December 12, 2006
Inching to a balanced market - New-home prices keep edging up in Greater Vancouver but the high-flying markets of Calgary and Victoria are starting to see some price easing, Statistics Canada said in its...

December 15, 2006
Home prices rise; vacancy rate falls - Immigration and rising home-ownership costs strengthened demand for rental housing this year, a trend that may continue as home prices are expected to maintain...

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