Blog by The Schacter Team

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Region's housing starts surge over '09 period

March 9th, 2010

But HST, new mortgage rules credited

Home building moved into a higher gear in Metro Vancouver last month as the number of houses started surged to 1,402 units, twice the number posted a year earlier, Canada Mortgage and Housing Corp. said Monday. Starts in the first two months ...

Housing starts bounce back from 2009 lows

March 9th, 2010

February housing starts in Vancouver continued to bounce back from lows reached in 2009, with the number of new units breaking ground doubling last year's tally, according to the Canada Mortgage and Housing Corporation on Monday.

"Of course, last February in ...

B.C. home hunters feeling more motivated

March 9th, 2010

36% say they are likely to buy in the next two years, up from 26% last year, poll shows

VANCOUVER SUN

Sentiment among would-be homebuyers continues to improve in B.C., according to an annual RBC home ownership study released on Monday.

The study reported that 36 per cent of B. ...

How to lose money on real estate moves

March 6th, 2010

Extra costs mount up, eating away at your profit

i have a buddy who figures he made about $100,000 in the housing market in the past two to three years.

that's not a bad take, but i question whether he really made that much money. no, i don't believe he's lying about what he paid for his ho ...

B.C. to lead in housing starts

March 3rd, 2010

37-per-cent increase expected


Housing starts in B.C. will increase this year at the highest rate in Canada, according to the Canada Mortgage and Housing Corporation's Housing Market Outlook Report, released Tuesday.

"The outlook for housing starts in B.C. is similar to the national trend in terms of the fo ...

B.C. construction drops 23 per cent from December to January

March 3rd, 2010

Financial PostMarch 5, 2010

Construction across B.C. eased off in January from the gains seen up to the end of the year, with contractors taking out almost $685 million worth of building permits that month, a 23-per-cent decrease from December.

The drop was mostly in the non-residential sector, where contractors took out only $156 million in permits to build new buildings, down nearly 29 ...

Prices to level off as housing starts surge

March 3rd, 2010

Housing starts will rise in 2010, putting a lid on home prices this year following their 19-percent surge in 2009, the Canada Mortgage and Housing Corp. said Tuesday.

Between 152,000 to 189,300 housing starts are expected in 2010, up from 149,081 units last year, the national housing agency said ...

Drawing inspiration from nature

February 28th, 2010

Veteran designer: Robert Ledingham builds an organic feel into West Coast homes

When veteran interior designer Robert Ledingham embarks on a project, he takes his inspiration not only from within the space of a building's walls, but also from what's beyond them.

Ledingham, who has provided interior-desi ...

HST , mortgage rules pushing sales

February 25th, 2010

With new mortgage rules, a new harmonized sales tax in some provinces and the possibility of higher interest rates set to kick in this summer, home buyers are on a tear that is likely to keep markets busy leading to this summer, according to the Re/Max Ma ...

Retail property sales on upswing

February 24th, 2010

British Columbia's commercial real estate market is starting to look more like a seller's market moving through 2010, with more capital available for investors, and investors willing to accept lower returns, according to one commercial realtor.

Avison Young this week released its 2009 year-end results, ...

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