Susan Cameron
Coldwell Banker Premier Realty
6272 East Boulevard, Vancouver, British Columbia P: 604-266-1364 F: 604-266-2466
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6272 East Boulevard, Vancouver, British Columbia P: 604-266-1364 F: 604-266-2466
Friday, November 20, 2009 - HST!
Transitional rules for new housing have been released by the provincial government today. The Province is proposing to increase the previously announced threshold for the B.C. HST new housing rebate from $400,000 to $525,000. For pre-sales, any home sold (meaning contract entered into) before midnight on November 18, 2009 is grandparented and any home sold on or after November 19, 2009 are subject to HST transitional rules. HST would not apply to sales of newly constructed or substantially reno ...
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posted in News
at Fri, 20 Nov 2009 18:22:16 -0800
Tuesday, November 17, 2009 - Home Sales Highest in Six Years
The British Columbia Real Estate Association (BCREA) reports that Multiple Listing Service® (MLS®) residential sales in the province climbed 115 per cent to 8,624 units in October compared to the same month last year. Last month posted the highest number of MLS® residential sales for the month of October since 2003, when 8,682 units changed hands. The average MLS® residential sales price in the province climbed 17 per cent to $493,328 from $420,259 in October 2008. "BC homes sales continued o ...
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posted in General
at Tue, 17 Nov 2009 09:43:22 -0800
Friday, November 13, 2009 - Market Strength Extends Through 2010!
The British Columbia Real Estate Association (BCREA) released its Fall 2009 Housing Forecast today. BC Multiple Listing Service® (MLS®) residential sales are estimated to increase 20 per cent to 82,900 units this year from 68,923 units in 2008. Residential sales in 2010 are forecast to increase a further 8 per cent to 89,600 units. The ten-year average is 82,800 units. "A sharp rebound in consumer demand turned a potentially dismal year into a very strong year for home sales,” said Came ...
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posted in General
at Fri, 13 Nov 2009 12:33:00 -0800
Tuesday, November 3, 2009 - High sales levels spur rise in home values !
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. "While home prices have been rising in 2009, they have not eclipsed the peaks reached in early 2008," Scott Russell, Real Estate Board of Greater Vancouver (REBGV) president said. "We're coming off severa ...
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posted in News
at Tue, 03 Nov 2009 12:43:15 -0800
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