Blog by Linda Book

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Article of Interest - GST & HST Transitional Rules

June 16th, 2010

GST & HST Transitional Rules

Courtesy of Sutton Group West Coast Realty
By NA

Much confusion has been spreading with regards to the upcoming legislated change of GST to HST and even more confusion exists with regards to the rules that are applicable during the transitional period. With respect to real estate transactions and the tax applicable to REALTORS® commissions, the most confusion ...

News Article - Mainland China pours wealth into B.C. housing

June 16th, 2010

courtesy of Globe and Mail
Steve Ladurantaye in Toronto and Kerry Gold in Vancouver

From Friday's Globe and Mail



A
s Vancouver’s once hot real estate market hits the skids, a rush of buyers from China may help the city sidestep a sharp correction in prices.

Foreign money is flooding in ...

Vancity Offers a Program for Low Income with No Savings to Buy

June 16th, 2010

Springboard Homeownership Program (another opportunity to buy a home)

Who you are

You currently live in Non Profit housing and are on a low income with no savings. You are ready to make the commitment to own a home, but need a structured plan to help you.



Read on and if you want to talk to the person involved with this at Vancity please give me a call and I will ...

Article of Interest - Real Estate Rebalances

June 9th, 2010

Real Estate Rebalances
June 08, 2010

Courtesy of
Wayne Pasco

The total number of properties listed for sale in Greater Vancouver continued to rise 10% in May compared to last month and is 28% higher compared to this time last year (see link below for stats in your area). At the same time, May sales declined 10% vs. April 2010.

Sales are still reasonably brisk and this little breather is no s ...

News Article - BC Home Sales Expected to Slow This Year and Rise in 2011

June 8th, 2010

BC Home Sales Expected to Slow This Year and Rise in 2011

Courtesy of
Vancouver Sun
By Brian Morton

VANCOUVER - Residential sales across the province are expected to ease by three per cent this year to 82,350 units before increasing four per cent in 2011 to 85,900 units, according to the B.C. Real Estate Association.

Waning demand, upward pressure on mortgage rates and tighter lending restr ...

News Article -Metro Sales Down, Listings Up

June 7th, 2010

Metro Sales Down, Listings Up

Courtesy of Vancouver Sun
By Derrick Penner

Metro Vancouver's housing market showed a drop in sales in May, an increase in listings and stagnating prices.

"The wait syndrome" is how realtor Ron Antalek summed it up.

The Real Estate Board of Greater Vancouver reported Friday that there were 3,156 sales through the Multiple Listing Service in May, down 10 per ce ...

Article of Interest - Greater Vancouver Real Estate Board

June 4th, 2010

May Market Offers Buyers Greater Selection

Courtesy of Real Estate Board of Greater Vancouver
By C. Munn

The number of properties listed for sale in Greater Vancouver continued to rise in May, while the number of sales showed a year-over-year decrease.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver totalled 3,156 in May 2010 ...

News Article- B.C. To Blame For Lowered Expectations

June 3rd, 2010

Articles

B.C. To Blame For Lowered Expectations

Courtesy of Vancouver Sun
By D.Penner & G. Marr

B.C. saw some of the biggest post-recession rebounds in real estate markets, so a recent cooling of sales in the province is a big reason the Canadian Real Estate Association revised its national housing market forecast to reflect lower sales and an easing of prices.

CREA, in its revised for ...

News Article - Canada's GDP jumps 6.1% in 1st quarter!

June 1st, 2010

Canada's GDP jumps 6.1% in 1st quarter!

Courtesy of Financial Post
By unknown

Canada's economy grew at a faster pace than expected in the first quarter of this year, led by consumer spending, increasing the possibility of an interest rate hike today by the country's central bank.

Gross domestic product rose at an annualized pace of 6.1 per cent between January and March, the biggest jump ...

Open House May 30

May 26th, 2010

Fairview Slopes - 305 -1318 W 6th Ave - Open House!

We are proud to announce that this Sunday, May 30, 2010, 1:00 PM to 3:00 PM we will be hosting an Open House at 305 -1318 W 6th Ave, Faiview Slopes, Vancouver West. This is an opportunity to visit this excellent top floor in beautiful Fairview Slopes, VW.

Please come with any questions you may have. In the meantime you can take at this ...

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