Real estate bounces back

The Lower Mainland's real-estate market veered from bust to boom last year. Year-over-year sales in the Real Estate Board of Greater Vancouver soared 172.2 per cent last month, the board said Tuesday. The Fraser Valley Real Estate Board reported a similarly dramatic rise last month -- 148 per cent from December 2008. "In 12 months, we went from the worst January in ...
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Jump in December home sales pushes real estate prices up

VANCOUVER - A rush of housing sales in the second half of 2009 pushed Metro Vancouver's real estate market dramatically higher than financial-crisis-plagued 2008.   The area of Metro covered by the Real Estate Board of Greater Vancouver recorded 35,669 sales through the realtor-controlled Multiple Listing Service in 2009, a 45-per-cent increase from 2008.   ...
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Victoria area real estate sales up 24% over last year

Greater Victoria’s real estate market recuperated in 2009 to end the year with a 24 per cent jump in the total number of sales and a 21 per cent climb in the total value of those transactions. Sales early last year crashed as part of the fallout of the economic crisis. They picked up later in the year, as interest rates stayed low and confidence rose. “Given the ...
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Location, location, location

Everybody knows there are three rules in real estate: Location, location, location.   But are there any times when those rules are not valid?   Don Lawby, chief executi ...
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