Average home price hits $1mil

OTTAWA — Home prices will continue a "moderate and steady climb" this year, helped along by an improving economy and low interest rates, according to a report released Thursday.   Real estate services firm Royal LePage said th ...
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Vancouver home prices steady

OTTAWA — Home prices fell in October, the second straight monthly decline, led lower by Toronto and Calgary, according to a national survey released Wednesday. In Vancouver, however, prices were roughly unchanged. The Teranet-National Bank ...
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First tenants move into subsidized housing at Olympic Village

METRO VANCOUVER -- At 19, Tessa Schmidt has had a lifetime of trouble. Cerebral palsy has left her unable to walk and work, and she survives on a permanent disability pension of $900 a month. For Kyle Bordage, 31, a crippling stroke six months a ...
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Is Vancouver in a real estate bubble

JIM SUTHERLANDFrom Friday's Globe and MailPublished Wednesday, Nov. 24, 2010 http://www.theglobeandmail.com/report-o ... clecontentThe house Manyee Lui is showing ...
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Supreme court of Canada backs leaky condo owners

VANCOUVER — The Supreme Court of Canada has made a precedent-setting decision that will affect thousands of leaky-condo owners in B.C., a lawyer involved in the appeal said Tuesday.   Canada’s top court unanimously ruled ...
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Moderate rise in home sales forecast

Vancouver, BC – November 10, 2010. The British Columbia Real Estate Association (BCREA) released its Fall Housing Forecast 2010 today.  BC Multiple Listing Service® (MLS®) residential sales are forecast to decline 12 per cent from 85,028 units in 2009 to 74,950 units this year, before increasing 6 per cent to 79,700 units in 2011. "Consumers are ...
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Coast Capital offers mortgage with 30% annual prepayment

VANCOUVER - Coast Capital is upping the ante in the competition for mortgages in B.C. with a mortgage that allows homeowners to prepay up to 30 per cent annually and skip one monthly payment a year, no questions asked.   The credit ...
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New house prices higher than expected in September in some markets

OTTAWA — Prices for new houses rose more than expected in September, led by gains in Montreal and Calgary, Statistics Canada reported Tuesday.   The federal agency's New Housing Price Index gained 0.2 per cent during the month ...
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Telus tower brings new life to Vancouver office market

The downtown Vancouver peninsula – which appeared headed for resort-town status, crowded only with residential condos – is poised for a commercial office building renaissance, as Telus (
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Canadian mortgage holders in good shape

OTTAWA — Most Canadian mortgage holders are on solid financial ground and could withstand the extra expenses that might come with higher interest rates somewhere down the road, according to survey results released Monday.   T ...
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