Archive for 'Market Buzz'
First-time homebuyers driving market in Metro Vancouver
Posted on 14. Apr, 2011 by Keith Strang.
By Brian Morton, Vancouver Sun April 6, 2011 7:26 AM First-time homebuyers looking to avoid higher interest rates down the road are helping drive up the real-estate market in a number of Canadian regions, especially in Metro Vancouver, says a report issued Tuesday. The First Time Buyers Report 2011 by real estate services firm Re/Max [...]
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Condos Leading Future Housing Demand?
Posted on 21. Jan, 2010 by Keith Strang.
I often get asked about the future of condos and the condo market in relation to houses and the house market. Well some recent information from the Canadian Housing Observer released by CMHC last month may shed some light on this. It seems that an aging population and more single-person households could mean that condos [...]
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HST Update
Posted on 26. Nov, 2009 by Keith Strang.
Further to my post earlier today, below is more clear information on the actual effect of the HST. As well, as legal fees currently have GST and PST there will really be no changes. Hope this provides some clarification. PROVINCE INCREASES NEW HOUSING REBATE THRESHOLD VICTORIA rebate from $400,000 to $525,000 to ensure that, on [...]
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HST, Is This Really A Big Deal For Condo Buyers?
Posted on 25. Nov, 2009 by Keith Strang.
OK, ever since the HST was introduced, or atleast the idea of the HST there has been nothing but doom and gloom about how it is goingt o affect real estate. No doubt there will be an effect, but is it really all that bad. With the recent announcement that properties under $525K will be [...]
