Average selling price in Vancouver down 9.8 per cent compared with a year ago at $735,31 5 TORONTO — Home sales in April gained 0.8 per cent compared with March, boosted by strength in Toronto and Calgary, the Canadian Real Estate Association said Tuesday. On a year-over-year basis, the association said there were 49,480 homes [...]
...Fear of housing bubble in Canada overstated: RBC
TORONTO (MarketWatch) — Fears of a housing bubble in Canada are overstated, the head of Canada’s largest bank by assets said Tuesday. “We feel pretty good about the housing market,” Royal Bank of Canada Chief Executive Gordon Nixon said at a Bloomberg Canada Economic Summit in Toronto. “I would love to see the rhetoric come down [...]
...House prices: 9 reasons not to panic
With the mainstream financial media now sounding a shrill alarm about the Canadian housing bubble, is it time to sell the house? Unless you’re transferring to a new job, or a retiree wanting to downsize or move to more favourable climes, you’re probably better off staying put rather than capitulating to the panic of articles [...]
...Mandarin Residences – Richmond City Centre
Richmond’s hotspot, No.3 Road and Westminster Highway, is about to get even hotter with the addition of the Mandarin Residences (The Wall Group of Companies with The Fairborne Group). Location, location, location! The Mandarin Residences is across the street from Richmond Centre where you find large retailers such as The Bay, Sport Chek, Old Navy, [...]
...House prices in Canada declined in March – cbc.ca
The average price of a Canadian resale home was $369,677 in March, a slight decline from the same month last year, according to the Canadian Real Estate Association. That’s the first time the average price has declined since September 2010, the agency said in releasing its monthly sales figures Monday. The number of home sales [...]
...New home prices rise in February
OTTAWA — Prices for new homes in Canada rose 0.3 per in February, led by the Toronto and Oshawa region, Statistics Canada said Thursday. Economists had expected a rise of 0.2 per cent, following a 0.1 per cent gain in January. On a year-over-year basis, prices were up 2.3 per cent in February, compared to [...]
...BIG’s Beach & Howe Tower Proposal
A few weeks ago we got our hands on a leaked rendering of Vancouver Real Estate’s most daring architectural proposal by Bjarke Ingels Group (BIG) architects. There is now more known about the project, thanks to Jlousa at SSP.com for sending this out, as an application to rezone the site has been received by the city [...]
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