Blog by Mark Longpre

< Previous

Canada's resale home prices see first annual rise in 10months

December 31st, 2009

OTTAWA -- Resale prices for Canadian homes rose for a sixth consecutive month in October -- and were up on an annual basis for the first time in nearly a year -- as the country’s real estate market continued to recover from recessionary lows, according to a report released Wednesday.

The Teranet-National Bank resale house price index of major markets increased 1.27% during the month from Sep ...

Condo boom

December 30th, 2009

It is the dominant form of housing under construction in urban centres across the country. But smart design and effective use of space cannot compensate for the fact that the condominium is simply too small for families. The typical unit is a one-bedroom and averages about 600 square feet.

According to Canada Mortgage and Housing Corp., multi-family units made up half of the 117,500 units co ...

Flaherty ready to deflate any housing bubble

December 19th, 2009

Global housing crisis? What housing crisis? Vancouver asks

December 16th, 2009

VANCOUVER - When Bob Stark bid on a loft apartment in a trendy Vancouver neighborhood in June this year, he wasn’t expecting competition.

House prices in the traditionally expensive West Coast city had dipped because of the recession and a friend had recently bought a house nearby for a good price.

The first showing of the 1,150-square-foot water-view apartment opened at 2 p.m. on a Tuesday ...

Housing set to really juice economy in spring 2010

December 15th, 2009

From Great Depression to 'bubble of a bubble'

December 15th, 2009

Vancouver resale home market surges 252% in November over 2009

December 15th, 2009

Vancouver led the Canadian housing market in November existing home sales with a 252-per-cent year-to-year surge.

 

Victoria (+116 per cent), Toronto (+105 per cent) and Calgary (+67 per cent) followed close behind as Canada as a whole saw a 73-per-cent increase in existing home sales, according to the Canadian Real Estate Association.

 

Prices were also led last month by Vancouver's 22-p ...

Home resales jump 73%

December 15th, 2009

OTTAWA — Canadian home sales jumped 73 per cent in November from a year earlier as the real estate market continued to recover from the economic downturn.

The Canadian Real Estate Association said Tuesday that 36,383 residential properties were sold last month, with Ontario and Quebec setting sales records for November.

"The current strength of housing demand stands in sharp contrast to wea ...

PH2 628 KINGHORNE MEWS, Vancouver West, British Columbia

December 14th, 2009

I just finished uploading this Condo for sale, PH2 628 KINGHORNE MEWS, Vancouver West, British Columbia

Exclusive privacy w/world-class style & elegance in this truly unique boutique waterfront luxury Penthouse at Silver Sea. Perched directly over False Creek w/views of False Creek, Granville Is. & Eng. Bay. This stunningly appointed residence has been transformed w/over $200K of ...

2305 550 PACIFIC Street, Vancouver West, British Columbia

December 14th, 2009

I just finished uploading this Condo for sale, 2305 550 PACIFIC Street, Vancouver West, British Columbia

Fabulous Aqua at the Park! Concord's concrete building has it all! This 2 bdrm & 2 bath suite has granite countertops, s/s appliances and great city and water views! Located in front of George Wainborn Park you are just steps away from the Seawall, Urban Fare and Roundhouse C ...

< Previous

Categories