Monthly Archives: March 2012
Recent Vancouver condo quick sales not sign of what’s ahead
VANCOUVER — Saturday’s four-hour blowout sale of 415 homes at Marine Gateway will be followed by similar quick sales at other condo towers this year, but don’t expect a return to the heady pre-recessionary days when every project sold out …
Posted in Vancouver real estate | Tagged Burnaby, downtown, real estate, Vancouver | Comments Off on Recent Vancouver condo quick sales not sign of what’s ahead
$10k home-buyer bonus sure to spur first-timers: mortgage expert
The new $10,000 bonus for first-time buyers of new homes will likely help a lot of potential buyers make the leap into the real estate market, a mortgage expert says. Ryan McKinley, mortgage development manager at Vancity, said he’s had …
Posted in Uncategorized | Tagged first-time buyer, mortgage, real estate | Comments Off on $10k home-buyer bonus sure to spur first-timers: mortgage expert
Vancouver real estate at risk if Canadian lending not constrained: TD
OTTAWA – Canadian housing is 10 to 15 percent over-valued, Canada’s second largest bank warned on Friday, as it called for more action to constrain lending growth. Toronto-Dominion Bank chief economist Craig Alexander said in an analysis that if the …
Posted in Uncategorized | Tagged real estate, Vancouver | Comments Off on Vancouver real estate at risk if Canadian lending not constrained: TD