VANCOUVER, B.C. – November 3, 2009 – Strong demand has led to a steady rise in Greater Vancouver home prices compared to last year.
Over the last 12 months, the MLSLink® Housing Price Index (HPI) benchmark price for all residential properties in Greater Vancouver increased 6.8 per cent to $553,702 from $518,668 in October 2008.
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The number of home sales in Greater Vancouver increased significantly last month compared to August 2008 and moved closer in line with the active summer months experienced between 2003 and 2007.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver increased 119.5 per cent in August 200 ...
VANCOUVER, B.C. – August 5, 2009 – The Greater Vancouver housing market gained further momentum in July with record sales levels and a continued strengthening of home prices.
The Real Estate Board of Greater Vancouver (REBGV) reports that the number of residential property sales in Greater Vancouver totalled 4,114 in July 2009, bec ...
Property listings decrease, as February sales improve
VANCOUVER, B.C. – March 3, 2008 – Residential housing sales in Greater Vancouver rose 94 per cent in
February compared to the month before, with 1,480 sales registered in February compared to 762 sales in January,
which was the slowest month for housing sales in 25 years. Over the past 10 years, February sales have typically
surpassed Janu ...
Federal Budget 2009 – Help for Home Buyers
INTRODUCTION
The 2009 Budget seems to have a little something for everyone. For people thinking about buying a home there are two important announcements. There is a increase in the amount buyers can withdraw from their RRSPs and a new First Time Home Buyers’ Tax Credit. The definition of a “First Time Buyer” is different from the definition under ...
2008 brought to Greater Vancouver
VANCOUVER, B.C. – January 5, 2009 –
The record-breaking real estate market cycle in Greater
Vancouver, longer than normal at seven consecutive years, ended in 2008 amidst global economic
challenges. The change brought relief from rising prices that saw benchmark prices escalate from $357,770
for a single family detached home in December 2001 to $648 ...