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Blog by Karel Palla and Darryl Sjerven

Home Sales Increase in February

March 14th, 2009

Vancouver, BC – March 13, 2009. British Columbia Real Estate Association (BCREA) reports residential sales dollar volume on the Multiple Listing Service® (MLS®) in BC declined 53 per cent to $1.54 billion in February, compared to the same month last year. Residential unit sales fell 47 per cent to 3,653 units during the same period. The average MLS® residential price in the province was $421, ...

Canadian Home Buying Incentives

March 11th, 2009

Canadian Home Buying Incentives

 

The Homebuyer’s Plan

In the recent federal budget changes were made so first-time buyers can now withdraw up to $25,000 (formerly $20,000) from an RRSP tax-free for the purpose of buying a home, if qualified.  

There is up to 15 years to repay the amount withdrew from the RRSPs.  The first repayment is due the second year following the year in which the withd ...

3905 Springtree - Luxury Condo

March 5th, 2009

Condo for sale, 402 3905 Springtree Drive, Vancouver , BC

Enjoy sophisticated living as you enter this rare 1969 sq.ft. one level 3 bedroom, family room & 3 bathroom luxury home. Absolutely stunning permitted professional renovation with great attention to details ($200k). Gourmet kitchen featuring Jenn-Air & Fisher-Paykel stainless steel appliances, wine fridge, custom cherry wood cabinets, ...

February Sales Improve

March 5th, 2009

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 Ja ...