During the past few decades, monetary policy decisions have created an opportunity hard to ignore. Fixed term mortgage rates had reached record lows and continue to remain very attractive. The result has been easy access to cheap money adding additional fuel to Inflate values of real estate in many locations across our Country. Many of us have enjoyed the benefits of these conditions, but is there a crisis looming?
BY JASON MARKUSOFF, CALGARY HERALD OCTOBER 29, 2014 Sole Condos, by Edgecombe Builders in Kelowna, B.C., is a six-storey building with four floors of residential over parking, retail and professional offices. City planners hope to bring on more mid-rise condo projects at lower prices by announcing rules Wednesday to permit six-storey buildings with wood frames. It’s a move the building industry expects to shav
BY IAN AUSTIN, THE PROVINCE OCTOBER 21, 2014 Looking to buy a home in B.C.? West Vancouver not suprisingly has the highest average home price in the province, while Granisle has the lowest. Photograph by: Jason Payne , PNG files Balmy weather, international acclaim, exposure from the 2010 Winter Olympics — whatever the reasons, B.C. communities are some of the most desirable (and priciest) places to li
Vancouver’s real gross domestic product is forecast to increase by 3.2 per cent this year, making it the fifth strongest city economy out of Canada’s 13 largest cities. Though it won’t match the “brisk growth” of other western cities like Edmonton and Calgary this year, Greater Vancouver’s economy will have performed above the national average, according to a new report
District of North Vancouver coach house bylaw gets first reading District of N. Van looks to ease restrictions for laneway homes
Jeremy Shepherd / North Shore News October 10, 2014 12:00 AM. One more North Shore municipality may be going coach. The District of North Vancouver may ease up on the regulations governing coach houses after a bylaw governing detached dwellings breezed through first reading Monday. Photo Mike Wakefield, North Shore News Council’s unanimous vote means the coach house bylaw will head to a public hearing, tentat
By Greg Quinn Oct 7, 2014 9:00 PM GMT+0800. Canada may need tougher rules to slow gains in the housing market, the International Monetary Fund said. “High household debt and a still-overvalued housing market remain important domestic vulnerabilities,” the Washington-based group said today in its World Economic Outlook. Those risks “call for continued vigilance and may require additional macro-prudential meas
Happy Thanksgiving Fall is often a time customers consider home renovations. My list of the top updates that increase the value and enjoyment of your home and for the most part are easy to accomplish: Gas fireplaces: most popular and not only can they help efficiently heat your home it can increase the value well beyond the cost of installation. Flooring: can vary greatly in cost, but can have a huge impact on use