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May Statistics from the Real Estate Board of Greater Vancouver...
 
The number of properties listed for sale in Greater Vancouver continued to rise in May, while the number of sales showed a year-over-year decrease.
 

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver totalled 3,156 in May 2010, a decline of 10.4 per cent compared...

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OTTAWA -- Canada's housing market is expected to ease in 2010 and 2011 as the market returns to more balanced conditions, Canada Mortgage and Housing Corporation said Wednesday.

"Canadian housing markets have recovered from the low levels posted in early 2009," Bob Dugan, chief economist for CMHC, said in a release.


"Moving forward, housing starts will moderate as activity becomes more in-line with...

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The economies of Ontario and British Columbia will shine brightest in 2010 while the rest of country is on track to see a more gradual rebound in growth, the Conference Board of Canada said Monday.


Driven by a recovering auto sector and stronger domestic economy, Ontario will “rise from the ashes” to share the top spot with British Columbia this year, the think tank said in its Spring 2010 provincial...

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Interesting article from the Financial Post... 

OTTAWA - Real estate investment is ready for a rebound, according to an international survey that suggests both real estate investors both in Canada and abroad are ready to put some faith - and some money - in the market.

Respondents to the 2010 Global Investor Sentiment Survey said access to financing was becoming easier, and the majority of private...

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GOTTA HAVE HEART: The very oldest part of Vancouver is becoming new again. Not just cosmetically tarted up as Gastown was in its early-1970s first revival. “These buildings are now considered new for insurance purposes,” said Robert Fung. He meant the $65-million-worth of development his Salient Group is near to completing on Maple Tree Square and along Water Street.

The adjacent properties include...

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Informative artice by Paul Viera, Financial Post... 

The Bank of Canada scrapped on Tuesday its conditional commitment on interest rates, setting the stage for a June hike if it so chooses.

The move had an immediate impact on the Canadian dollar, as it surged by US1.6¢ to trade just over parity with the U.S. currency, as of 10 AM ET. Bond yields across the board climbed, with the yield on the two-year...

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Interesting article by Garry Marr, Financial post... 

Consumers began listing their homes in droves last month which should take some pressure off the heated housing market, the Canadian Real Estate Association said Thursday.

The Ottawa-based group said 97,663 homes were listed for sale across the country in March, a 20% increase from the same period in 2008. A total of 233,402 new listings have...

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Market Update from the Real Estate Board of Greater Vancouver ...
A steady influx of new listings has helped create a balanced ‘typical spring’ housing market in the Greater Vancouver region.
 
The Real Estate Board of Greater Vancouver (REBGV) reports that new listings for detached, attached and apartment properties in Greater Vancouver totalled 7,004 in March 2010. This represents a 60 per cent...
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