Posts Tagged ‘house price’

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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Greater Vancouver Real Estate Will Get Both Sales and Price Increase In 2011 CMHC Predicted

(From VancouverSun) A new report suggests that low mortgage rates combined with a growing population and an improving economy bode well for Metro Vancouver home sales for the rest of 2010 and 2011. “For the next year, we’re looking at favourable mortgage...

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UBC Market Housing Plans To Accomodate 51,000 In 20 Years

According to the local Vancouver news: University of B.C. plan to build more market housing and turn the campus into a town of 51,000 people over the next two decades, which will increase the non-student population on campus to up to 35,000 by 2021 from...

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The Housing Market Scenario At the Greater Vancouver Area In 2010

The housing price at the Greater Vancouver Area in Canada has significantly increased in the present times. As per industry exerts, the residential real estate market has roared back in 2010 with the housing prices at or above pre-recession levels. ...

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What You Should Know About HST Housing Rebate In BC

New housing rebate in BC after July 1

As you’ve already known that July 1st is the day when the BC provincial government and federal government will combine the 7% provincial sales tax (PST) and the 5% federal Goods and Services Tax (GST) into a 12% Harmonized Sales Tax (HST). People...

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House Construction Up 5.9 per cent in December

Canada house construction booming

According to the latest real estate market news released by Ottawa: House construction rose more than expected in December as Canada’s real estate market continued to show signs of recovery. Canada Mortgage and Housing Corp. said Monday the number...

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HST’s Impact On BC House Price Explanation

From July 1st, 2010 HST (Harmonized Sales Tax,12%) will be officially implemented in BC. The biggest and direct impact on the house price in Vancouver BC is that it is definitely going to increase your investment cost of purchasing new home (because...

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