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Please browse the articles below: Jun 26, 2009 RENOVATIONS: The family cottage can qualify for renovation tax credits
You've just bought a recreation property and the house could use some serious updating, or perhaps the family cabin that has been serving you well for many... Jun 25, 2009 INTEREST RATES: Irresistible rates drive Canada's recovery
It looks like a miraculous resurrection.
In the midst of recession, the average national price of Canadian resale homes hit a record level in May, and... Jun 25, 2009 Falling home prices
Whether the change is measured month-to-month or year-to-year, home prices in Canada continue to fall, though two cities are starting to claw their way back,... Jun 24, 2009 Commercial market has survived worst of recession
British Columbia's commercial real estate markets started their downturn long before the current recession began and have likely passed through the worst of... Jun 24, 2009 Home is where their heart is
Vancouverites are head-over-heels for homes.
Lower Mainland residents believe more fervently in the idea of home ownership than do people in four other... Jun 24, 2009 MORTGAGE: Mortgages in arrears double in past year
Business Mortgages in arrears double over past year
Canwest News ServiceJune 24, 2009
The number of B.C. and Yukon residential mortgages in arrears... Jun 23, 2009 Existing home sales rise
Sales of previously owned homes in the United States rose at a slower-than-expected pace in May, an industry survey showed Tuesday, pointing to a sluggish... Jun 21, 2009 MORTGAGE: Tax deductible mortgages are worth the hassle in Canada
Unlike Americans, who enjoy a sweetheart deal with the tax authorities in that their mortgage interest can be deducted from their income taxes, Canadians... Jun 21, 2009 Sell it with a great impression
During the housing boom, home staging was all about vaulting your property into the stratosphere above the asking price.
Today, it's about getting your... Jun 20, 2009 MORTGAGE: Mortgages are a product, and they demand consumer acuity
What a difference a year makes when it comes to real estate in B.C. where declining housing prices and historically low interest rates turned a seller's... Jun 20, 2009 MORTGAGE: Think hard about easy money
What a difference a year makes when it comes to real estate in B.C. where declining housing prices and historically low interest rates turned a seller's... Jun 19, 2009 MORTGAGE: Breaking a mortgage can be costly
Homeowners looking to break their mortgages to save money should beware: It can be expensive.
Whether it is an attempt to take advantage of lower mortgage... Jun 18, 2009 How to minimize cottage tax hassles
Assuming our political leaders won't drag us into a snap election, many Canadians can look forward to leisurely weeks and weekends at their cottages for the... Jun 16, 2009 Property tax and how to deal with it
Just when you get one set of taxes all squared away for the year, it's time for another. This time it's property tax. But unlike income taxes, there is no... Jun 16, 2009 House sales up but not prices
Greater Vancouver posted Canada's second-highest increase in house sales last month.
Sales in the area jumped 16.4 per cent between May and the same month... Jun 14, 2009 RENOVATIONS: Retrofit programs means big savings for renos
If you could do a renovation on your home that cost you a fraction of what it’s worth, and that continued to save you money as long as you owned your home,... Jun 12, 2009 Bucking housing trends
Three Lower Mainland neighbourhoods appear to be recession proof in the current tough housing market.
The three neighbourhoods — in Langley, Richmond... Jun 11, 2009 INTEREST RATES: New bank rate hikes
For the second time in as many weeks, Canada's big banks have hiked rates on fixed-term mortgages. Most increased their three-, four- and five-year rates by... Jun 11, 2009 Housing prices down
Vancouver posted Canada's sharpest drop in new home prices in April, Statistics Canada said yesterday.
The federal agency said its housing price index for... Jun 10, 2009 Home buyers show confidence in real estate market
Despite a stream of negative economic news, most Canadians who've recently bought a home have confidence in their decision, according to a poll by the Canada... Jun 9, 2009 Housing starts shrink
New-housing starts are at near-record lows as B.C. became the only province in the country to record a decline in urban housing starts last month.
Figures... Jun 8, 2009 RENOVATIONS: Are you eligible?
The new temporary federal Home Renovation Tax Credit allows taxpayers a one-time claim of a maximum $1,350 for certain home-renovation work completed before... Jun 6, 2009 MORTGAGE: The perfect mortgage
The perfect mortgage is, of course, no mortgage at all. So, the next best thing is to have one flexible enough to pay off the principal as fast as possible.... Jun 6, 2009 Real estate is not a religion
Right now the topic of real estate is right up there with religion and politics: just don't go there with extended family and co-workers.
-- A comment on... Jun 3, 2009 Drop in home sales levels out
The decline of Lower Mainland real estate markets, which started with falling sales more than a year ago and saw prices drop as the global recession... May 29, 2009 RENOVATIONS: Spruce up your home on a budget
You want to renovate, but cash is scarce? No problem. You've got a number of "recessionary renos" to choose from to make your living space better on a... May 28, 2009 RENOVATIONS: Doing home reno's? Check your insurance.
The new federal home renovation tax credit has highlighted what the insurance industry considers to be a chronic problem of homeowners not having enough... May 28, 2009 House prices in further decline
On the question of where house prices are going compared with where they've come from, the measure National Bank Financial has devised, hints at continuing... May 28, 2009 Woman lead first time buyers
Women led the charge of first-time buyers jumping back into British Columbia's real estate markets, according to a recent report from real-estate firm Royal... May 28, 2009 House price declines
The Vancouver area appears determined to do its bit for the Canadian housing slump as the region leads the country in year-over-year price declines, a... May 27, 2009 BC housing prices stablizing
Housing market conditions are improving more rapidly than expected, with the average price for a home in B.C. now predicted to decline five percentage points... May 27, 2009 Women buying in - new BC homebuyers
Women in British Columbia are leading a trend that sees new homebuyers taking advantage of falling home prices and low interest rates, Royal LePage Real... May 27, 2009 GLOBAL: Dubaii - Home of world's biggest property slump
Dubai, once the location of the world's biggest construction boom, is now the scene of the world's biggest property slump, according to figures published... May 22, 2009 Real estate gloom slowly lifts
It was a mere seven months ago that economists and newspaper headlines had declared a real estate downturn tantamount to the sky falling in on Vancouver... May 22, 2009 Younger buyers are key
Metro Vancouver's real-estate market was wallowing in quicksand a few weeks ago, but the ground is firmer now and consumers are beginning to buy again.... May 22, 2009 INTEREST RATES: Today's historically low interest rates
Today's low interest rates may be frustrating for investors in fixed income but if you're in debt--especially a homeowner -- it's an opportunity to save... May 21, 2009 RENOVATIONS: 15% tax rebate on home renovations
In an effort to stimulate the sagging economy, the Government of Canada recently introduced a new Tax Rebate on home renovations done in 2009. Following the... May 21, 2009 Why the real estate market won't be the same
Vancouver's real-estate market is coming back to life.
But it's not the one that existed before the crash, because the investments and property values of... May 21, 2009 How your home sweet home can shelter you from tax
You've got to love home ownership. I remember buying my first home. The real estate agent asked me how much I could afford, we both had a good laugh, and... May 20, 2009 Recession resets housing expectations
<!-- savehtml -->The market for new homes won't return to pre-recession levels even when the economy picks up again, marking a sharply lower reset from the... May 20, 2009 Real estate expectations fall
British Columbia's real estate markets have reached a point where it is difficult to predict if they'll go down any further or begin a recovery -- or even... May 20, 2009 A better story for real estate transactions - sales
Real estate transactions are beginning to pick up throughout B.C., according to researchers Landcor Data.
TOTAL SALES IN GREATER VANCOUVER
+10% in... May 20, 2009 Doors open wide for home buyers
Homebuyers take heart.
Vancouver's housing market will be kind to buyers in 2009 and into early next year, Canada Mortgage and Housing Corp. said... May 18, 2009 RENOVATIONS: Return on investment (ROI)
One reason so many people renovate is to improve the comfort or style of their home. People want to make their home look fresh and modern.Another is to... May 15, 2009 Expectations for real estate price drops in BC
A recent surge in real estate sales has caused the Canadian Real Estate Association to sharply revise its expectations for price drops in British Columbia.... May 15, 2009 Home sales surge as prices dip
Existing-home sales surged in April, a third consecutive monthly increase, which forced the Canadian Real Estate Association yesterday to revise its forecast... May 14, 2009 Real estate home sales soared
Home sales soared in April for the third month in a row, but the real estate market has not yet made up for all the lost momentum of the past year, the... May 14, 2009 Affordability, lower rates, prices lift home sales
Existing-home sales surged in April, a third consecutive monthly increase, which forced the Canadian Real Estate Association on Thursday to revise its... May 13, 2009 Developers trim prices to keep baby boom buyers in the market
As home prices and retirement investments take a dive across North America, housing developers are changing strategies just to stay in the game.
Vancouver... May 13, 2009 Personal bankruptcies soar in BC
Personal bankruptcies in British Columbia were 78-per-cent higher in March than in March 2008 -- far more than the national average increase of 57 per cent,...
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