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Canada Revs Up Hunt for Foreign Flows Into Torrid Housing Market

March 7th, 2016
By Katia Dmitrieva, Bloomberg News Canada’s housing agency, looking for new methods to track foreign ownership in the country’s soaring real estate markets, may tap money laundering police and classify international university students as foreign buyers, according to internal documents. Canada Mortgage & Housing Corp., the crown corporation that backstops mortg ...

202 24TH STREET, North Vancouver, BC

March 3rd, 2016
Wonderful chance to own this move-in ready, must see home in sought after Central Lonsdale. This sunny, south facing, beautifully updated home is the perfect blend of charm and character and offers plenty of space for both young families and empty nesters alike. Sitting on a private corner lot with peekaboo city views and lane access to a finished garage this home is the perfect oasis. Fully ...

Lynn Valley, North Vancouver, February Home Sales

March 1st, 2016
Address List Price Sold Price Sold Date DOM 1890 WESTOVER ROAD $1,098,000 $1,299,000 2/16/2016 8 4282 MOUNTAIN HIGHWAY $1,199,900 $1,400,000 2/17/2016 8 3257 TENNYSON CRESCENT $1,098,000 $1,448,000 02/09/2016 15 907 SHAKESPEARE AVENUE $1,449,000 $1,521,000 02/11/2016 6 1791 RALPH STREET $1,539,000 $1,525,000 02/04/2016 16 4623 M ...

Delbrook, North Vancouver Home Sales February 2016

March 1st, 2016
Address List Price Sold Price Sold Date DOM 271 MONTROYAL BOULEVARD $1,590,000 $1,600,001 02/05/2016 11 3467 DELBROOK AVENUE $1,698,000 $1,650,000 2/13/2016 28 489 MONTERAY AVENUE $1,499,000 $1,700,000 2/16/2016 12 561 SHANNON CRESCENT $1,688,000 $1,765,000 2/24/2016 9 796 BLYTHWOOD DRIVE $1,648,000 $1,850,000 2/22/2016 10 3561 ...

Edgemont Village, North Vacouver, Home sales February 2016

March 1st, 2016
Address List Price Sold Price Sold Date 1090 RIDGEWOOD DRIVE $1,528,000 $1,625,000 2/17/2016 3865 SUNSET BOULEVARD $1,499,900 $1,650,000 02/09/2016 1264 GREENBRIAR WAY $1,900,000 $2,001,000 02/11/2016 1380 RIDGEWOOD DRIVE $1,850,000 $2,065,000 02/03/2016 920 MELBOURNE AVENUE $2,288,000 $2,345,000 2/19/2016 987 BEAUMONT DRIVE $2,288,00 ...

Metro Vancouver ‘millionaire’ homeowners selling out and buying in rural areas

February 29th, 2016
  This 4,560-square-foot home on 14 acres in the Ryder Lake community of Chilliwack sold for under $1 million. — Graham Osborne Photograph by: Graham Osborne Millionaire homeowners cashing out of Metro Vancouver’s red-hot real estate market are seeking greener pastures elsewhere in B.C. Real-estate experts say they’re seeing more city slickers selling off their urban homes ...

Architecture for the ages-Your seeing a lot more of this kind of housing in Vancouver

February 24th, 2016
Young adults are getting squeezed out of the housing market. Their parents, meanwhile, want to downsize without leaving familiar neighbourhoods. The solution couldn’t be simpler to a growing group of designers: Rethink (and rebuild) the family home to suit several generations for the long haul  Architects Janna Levitt and Dean Goodman designed a house that could easily shift to acc ...

Pressures on to increase Vancouver Housing Density

February 24th, 2016
  While smaller communities across B.C. face declining population numbers, places like Vancouver, Victoria and Nanaimo are the focus of increasing densification and urbanization. Photograph by: DARRYL DYCK , THE CANADIAN PRESS A weak currency and slumping global commodity prices are indirectly contributing to a rush on Lower Mainland real estate. The two forces are aggrava ...

Winning A Vancouver Bidding War, Lessons From The Trenches

February 21st, 2016
Winning a Vancouver bidding war, lessons from the trenches. In this crazy market it’s not uncommon for there to be 10 competing offers for the house you would like to call home and sadly that’s not likely to change in the near term unless the federal, provincial and municipal governments take coordinated action to slow down foreign investment in the Vancouver real estate market.  So you ask; ...

Are Negative Interest Rates Coming To Canada?

February 20th, 2016
For thousands of years, savers were paid to deposit money. Over the past few months, that time-honoured practice has been flipped on its head. Around the world, interest rates are going negative. An astounding 27 per cent of the global government bond market is now trading at subzero rates, meaning that investors are effectively having to pay for the privilege of stockpiling wealth. In Euro ...
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