bc housing market: Lower Interest Rate Ahead? - 03/09/08 05:43 PM
  The lowering of Canada's interest rate by 0.5% last week is good news to home owners. CBC News reported on March 05, 2008:  "Interest rate cut good news for home buyers, association says" The Bank of Canada's decision to cut interest rates Tuesday is unlikely to trigger a flurry of … (2 comments)

bc housing market: Single-family Home Reaching 9.9 Months Inventory! - 02/27/08 06:02 PM
There are more bad news on the housing market in the US. Inman News reported on Wednesday, February 27, 2008 that the inventory of single-family homes reached the highest level since October of 1981.
Inman News
The for-sale inventory of new single-family homes bloated to its highest level in 27 years … (3 comments)

bc housing market: Solid 10 Years Residential Real Estate Growth - 02/22/08 02:57 PM

Residential real estate markets across Canada
post solid gains over past decade, says RE/MAX
Pent-up demand, population growth, tight inventory levels, and the longest economic expansion since World War II collectively fueled one of the best decades on record for residential real estate in Canada , according to a report … (0 comments)

bc housing market: Canadian Housing Market Outlook for 2008 - 02/15/08 11:44 AM
After 5 years of surge in housing demand and price gains, experts are projecting a more moderate housing market for 2008. The following article was published on Tuesday, February 12, 2008 by Alia McMullen, Financial Post.
Housing affordability is likely to improve this year as house-price growth eases and falling … (5 comments)

bc housing market: The Danger of the US Going into a Recession - 01/22/08 03:01 PM
The following is an excerpt by The Globe and Mail on the move by the Bank of Canada cutting interest rate by one-quarter point.    
The U.S. Federal Reserve announced its surprise massive interest rate cut of three-quarters of a percentage point about an hour before the Bank of Canada officially … (0 comments)

bc housing market: BC Housing Market > Rebound boosts B.C. housing sales - 12/18/07 10:06 PM
BC Housing Market Rebound 
The Vancouver Sun reported on Dec 18, 2007:
A significant November rebound in Metro Vancouver housing re-sales helped push overall activity above 2006 levels, the Canadian Real Estate Association reported.
The association registered 2,952 sales through the Multiple Listing Service, a 22 per cent increase from the same … (0 comments)

 
Real Estate Agent: James Wong Richmond BC Realtor > Richmond homes (Remax Westcoast)
James Wong Richmond BC Realtor > Richmond homes
Richmond, BC
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Remax Westcoast

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