VANCOUVER ARCHITECTS CHEER LANEWAY BOOM
VANCOUVER – A LANEWAY HOUSING CAPITAL For a city with the highest cost of housing in North America, it’s no surprise that Vancouver is also Canada’s laneway housing capital. Now, with a new proposal to extend the city’s current program to about 94 per cent of single family-zoned neighbourhoods, laneway housing will soon have a [...]
SPRING FEVER – TIME TO GET BUSY IN THE GARDEN
FEELING ENERGIZED? GOT THE URGE TO GET OUTSIDE AND DO SOMETHING? Yep, there’s more light in the sky, which is telling your body to produce more of the happiness hormone serotonin, and cut back on the sleepy, do-nothing hormone, melatonin. The result: spring fever – the irresistible urge to run and jump and get outdoors [...]
VANCOUVER LEFT WITH A STIGMA OF BEING ONE OF THE MOST PROHIBITIVELY EXPENSIVE CITIES IN THE WORLD
THE HIGH-WATER MARK OF VANCOUVER REAL ESTATE? Single-family home property values in the City of Vancouver for 2013. Red is under $1 million; blue is over $1 million. Areas with no colour are not zoned for single-family dwellings. For the last three years, Andy Yan, a researcher and urban planner with Bing Thom Architects, has [...]
HIGHER-PAYING JOBS, LEASING OPTIONS AMONG WAYS TO MAKE VANCOUVER HOUSING AFFORDABLE
BUILDEX CONFERENCE TO INCLUDE DISCUSSION ON AFFORDABILITY OPTIONS FOR PRICEY VANCOUVER Strategies such as long-term land leases and the deliberate preservation of industrial land to encourage high-paying jobs could be used to make paying for housing in pricey Vancouver a little less painful. These ideas and others will be on the table at a keynote [...]
PROPERTY ASSESSMENT NOTICES ARE HERE
WHAT’S A PROPERTY WORTH? PROPERTY ASSESSMENT NOTICES ARE HERE (Updated January 2013) Property owners throughout BC received their yearly assessment notice in the first week of January from BC Assessment (BCA), the government agency responsible for determining and reporting property value estimates. This notice is BC Assessment’s estimate of a property’s value as of July [...]
HST TO PST – TRANSITION RULES FOR REAL PROPERTY
PST TRANSITION RULES On August 26, 2011, the provincial government announced that it will eliminate the Harmonized Sales Tax (HST) by March 31, 2013. Commencing April 1, 2013, in BC the HST will be replaced by the federal Goods and Services Tax (GST) and the BC Provincial Sales Tax (PST). On February 17, 2012, the [...]
HOMEBUYERS’ ROAD MAP
REALTORS® ARE EXPERIENCED IN EVERYTHING YOU NEED TO KNOW AND DO WHEN BUYING A HOME Buying a home involves a number of steps and many buyers need help in understanding the options available. The Homebuyers’ Road Map is a tool designed to help you navigate the complexities and financial implications of purchasing your first, or [...]
LANEWAY HOUSE TOUR 2012 – VANCOUVER HERITAGE FOUNDATION
CREATING NEW LIFE FOR OLD BUILDINGS Saturday, October 20th from 1:00pm to 5:00pm The Vancouver Heritage Foundation is having it’s third annual self-guided Laneway tour that takes you inside 7 recently completed laneway houses in Vancouver. Builders will be on site to answer questions about laneway construction. Laneway housing can be a tool for owners of [...]
BOSAVOLT™ – BOSA PROPERTIES
INTRODUCING BOSAVOLT™ Bosa Properties home owners can conveniently have their very own private electric charge station installed and ready to use for when they move into their new home – a first in North America. They’re pleased to be launching the BosaVOLT™ program, a high performance charging station added to parking stalls purchased in all [...]
AUGUST 2012 HOUSING MARKET UPDATE – REAL ESTATE BOARD OF GREATER VANCOUVER
WELCOME TO THE MARKET SUMMARY VIDEOCAST FOR AUGUST 2012. The Real Estate Board of Greater Vancouver Housing Market Update for August 2012 with REBGV president Eugen Klein. source rebgv Contact Agnieszka Stryjecka for more information on Vancouver Real Estate. 778.991.5881 vancouver4life@gmail.com
STATISTICS PACKAGE FOR AUGUST 2012 – VANCOUVER REAL ESTATE – REBGV
HOME SELLERS CONTINUE TO OUTNUMBER BUYERS IN GREATER VANCOUVER’S SUMMER HOUSING MARKET Home sale activity remained below long-term averages in the Greater Vancouver housing market in August. The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales of detached, attached and apartment properties reached 1,649 in August, a 30.7% decline compared to [...]
OUTDOOR OASIS
WHEN IT COMES TO HIGH-END LANDSCAPING, SOME HOMEOWNERS OPT FOR MORE THAN LOVELY GARDENS. THEY ROCK INFINITY POOLS, FIRE PITS AND DELUXE ENTERTAINMENT PATIOS. What defines a top-of-the-line, five-star outdoor garden space here on the West Coast? Well, beauty may be in the eye of the beholder, but when it comes to the best of [...]
REBGV STATS JULY 2012 – HOUSING MARKET UPDATE VIDEOCAST
WELCOME TO THE MARKET SUMMARY VIDEOCAST FOR JULY 2012. The Real Estate Board of Greater Vancouver Housing Market Update for July 2012 with REBGV president Eugen Klein. Contact Agnieszka Stryjecka for more information on Vancouver Real Estate. 778.991.5881 vancouver4life@gmail.com
STATISTICS PACKAGE FOR JULY 2012 – VANCOUVER REAL ESTATE – REBGV
GREATER VANCOUVER HOUSING MARKET HITS SUMMER LULL Residential property sales in Greater Vancouver remained at a 10-year low in July, while the number of properties being listed for sale continued to edge down and prices remained relatively stable. The Real Estate Board of Greater Vancouver (REBGV) reports that there were 2,098 residential property sales of [...]
BC ISSUES HIGHEST NUMBER OF BUILDING PERMINTS SINCE 2007
PERMITS REACHES $4.4 BILLION UP TO MAY THIS YEAR British Columbia municipalities issued building permits in the first five months of 2012 at levels not seen since before the global recession. Up to May of this year, permits reached $4.4 billion in B.C., a level not seen since the same period in 2007 when permits [...]
KITSILANO AND JERICHO BEACHES MAY SOON BE LINKED BY SEAWALL
ANONYMOUS DONOR WILL KICK IN TEN OF MILLIONS OF DOLLARS FOR THE PROJECT COMPLETING A MISSING LINK The Vancouver park board is considering completing a gap in the city’s seawall between Kitsilano and Jericho beaches after a private donor has offered to kick in tens of millions for the project. The donor, who wishes to [...]
REBGV STATS JUNE 2012 – HOUSING MARKET UPDATE VIDEOCAST
WELCOME TO THE MARKET SUMMARY VIDEOCAST FOR JUNE 2012. The Real Estate Board of Greater Vancouver Housing Market Update for June 2012 with REBGV president Eugen Klein. Contact Agnieszka Stryjecka for more information on Vancouver Real Estate. 778.991.5881 vancouver4life@gmail.com
STATISTICS PACKAGE FOR JUNE 2012 – VANCOUVER REAL ESTATE – REBGV
GREATER VANCOUVER HOUSING MARKET FAVOURED BUYERS IN JUNE The number of residential property sales hit a 10-year low in Greater Vancouver for June, while prices remained relatively stable. The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales of detached, attached and apartment properties reached 2,362 in June, a 27.6% decline compared [...]
FEDERAL GOVERNMENT MAKES CHANGES TO MORTGAGE LENDING
2012 ANNOUNCES ON MEASURES TO SUPPORT THE LONG-TERM STABILITY OF CANADA’S HOUSING MARKET For the fourth time in as many years, the Federal Government has announced action to restrict mortgage credit. The new measures include: • The maximum amortization on a prime mortgage will be reduced from 30 to 25 years. • Mortgage insurance will [...]
REBGV STATS MAY 2012 – HOUSING MARKET UPDATE VIDEOCAST
WELCOME TO THE MARKET SUMMARY VIDEOCAST FOR MAY 2012. The Real Estate Board of Greater Vancouver Housing Market Update for May 2012 with REBGV president Eugen Klein. Contact Agnieszka Stryjecka for more information on Vancouver Real Estate. 778.991.5881 vancouver4life@gmail.com
NEW GENERATION OF HOMEBUYERS
HOPEFUL HOMEOWNERS STAY IN THE NEST More young Vancouverites are buying real estate, but they’re not exactly becoming homeowners – at least not in the traditional sense. A local mortgage expert says many 20-somethings are now finding a way around the city’s sky-high housing costs by buying investment properties and renting them out – all [...]
MARINE GATEWAY PROJECT – AT THE GATES OF RAPID TRANSIT
DEVELOPMENT’S EASY ACCESS TO THE CANADA LINE IS A MAJOR SELLING POINT FOR THE PROJECT Bob Rennie and Tracie MacTavish – respectively, principal and president of Rennie Marketing Systems – have been spending a lot of time in recent weeks focusing on how to best address the intense demand for the Marine Gateway project. Some [...]
THE B.C. FIRST-TIME NEW HOME BUYERS’ BONUS
SUBJECT TO APPROVAL BY THE LEGISLATURE, THE B.C. GOVERNMENT INTENDS TO IMPLEMENT A TEMPORARY BC FIRST-TIME NEW HOME BUYERS’ BONUS. EFFECTIVE FEBRUARY 21, 2012, TO MARH 31, 2013, THE BONUS IS A ONE-TIME REFUNDABLE PERSONAL INCOME TAX CREDIT WORTH UP TO $10,000. REQUIREMENTS TO QUALIFY FOR THE BONUS ELIGIBLE FIRST-TIME NEW HOME BUYER You will [...]
GOVERNMENT ANNOUNCES NEW HST/PST HOUSING TRANSITIONAL RULES
RETURN TO PST As the province transitions back to the PST, which will replace the HST effective April 1, 2013, measures to ease the HST burden on new home buyers, include: • The BC New Housing Rebate threshold will increase to $850,000 from $525,000, so that more than 90% of newly built homes will now [...]
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