Posts Tagged ‘Blogs’

Burnaby Metrotown New Condo PreSale Silver Open For Sale Soon

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New Condo Presale in Metrotown area in Burnaby: Silver. It was opened for us Vancouver top Realtor to preview on March 29th, 2012. Please see details in Presale in Greater Vancouver Area for floor plans and price range.

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New Personal Tax Credit Up to $10000 for First-Time Home Buyers in BC

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 March 31, 2013, the bonus is a one-time...

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Canadian Banks lower 5-year mortgage rate to record low to 2.99%

With the Canadian housing market expected to cool in the coming year, the Bank of Montreal has lowered its five-year fixed mortgage rate to a record low. While the rate was slashed to 2.99 per cent Thursday, down half a point, it does come with a few...

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The Facts About Multifamily Residential Presales

Over the years, thousands of British Columbians have entered into contracts to buy new homes before the construction of their homes had begun or during the construction period. This type of real estate transaction is commonly referred to as a presale...

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Top 25 Grants and Rebates for Property Buyers and Owners

#1 Home Buyers’ Plan Qualifying home buyers can withdraw up to $25,000 (couples can withdraw up to $50,000) from their RRSPs for a down payment. Home buyers who have repaid their RRSP may be eligible to use the program a second time. Canada Revenue...

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HST Stall Hurts Housing Industry in BC

Since the implementation of the HST in British Columbia in 2010, the provincial housing market has been reportedly in a slump. This has been especially true in Vancouver and area as new builds are sitting vacant longer than expected.According to recent...

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Good News for Homeowners-No Interest Rate Increase until 2013

That’s good news for homeowners with variable-rate mortgages and consumers financing loans and lines of credit tied to the prime rate. A big Canadian bank predicts the slumping economy will put interest rates on hold, or moving lower, until at least...

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House Values Skyrocket in Vancouver Westside’s Cambie Corridor

Six months after Vancouver City Council approved a plan to transform the Cambie Street corridor, homes in the area have nearly tripled in value and some residents fear development will ruin the neighbourhood.Last May the council passed a plan to bring...

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Super-rich in Mainland China Heading for the Departure Gate

Beijing (CNN) – The “Private Banking White Paper 2011” talked to individuals with assets of more than 10 million yuan (US$1.57 million) in18 cities to find out how China’s super rich manage their wealth. The average asset holdings of the 980 surveyed...

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Foreign Property Buyers Restrictions Needed?

According to CBC news: A prominent Vancouver businessman and former city councillor says it’s time to debate restricting foreign ownership of residential properties as a way to cool down Vancouver’s hot real estate market. Peter Ladner says...

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