A recent decision by the Supreme Court of Canada has brought hope for owners of leaky condos.
Under their new ruling, people with leaky condos will be entitled to recoup most of the cost of the damages caused by the defective construction (by sub contractors) from the general contractor's insurance.
The original claims, made by leaky condo owners to the insurance companies were ...
Posted by Sylvie Lalumiere
on December 17, 2010
The British Columbia Real Estate Association (BCREA) reports that Multiple Listing Service® (MLS®) residential sales in the province climbed 20 per cent in November from October 2010, on a seasonally adjusted basis. Compared to November of last year, MLS® residential unit sales were down 21 per cent to 5,647 units. The average MLS® residential price rose 9 per cent to $523,394 ...
Posted by Sanjin Cvetkovic
on December 14, 2010
Greater Vancouver residential home sales improved in November compared to the previous four months, with the number of sales posted on the Multiple Listing Service® (MLS®) coming in slightly higher than the 10-year average for that month. The Real Estate Board of Greater Vancouver (REBGV) reports that the number of residential property sales in Greater Vancouver totalled 2,509 in November ...
Posted by Craig Rushton
on December 10, 2010
Everyone is looking for VALUE, especially now that we have realized Vancouver Real Estate is not bullet proof and we can no longer use our homes as short term savings accounts. The hard part is trying to figure out what constitutes VALUE. Some people look at price per square foot, sure this can work if things like view, finishings and location are meaningless... people talk about "bang for your ...
Posted by Craig Rushton
on December 10, 2010
ARTICLE FROM THE PROVINCE NEWSPAPER, DEC 9TH 2010
Thousands of projectiles will be launched into the air at Friday’s Vancouver Giants game, though avid hockey fans needn’t worry about wearing hard hats.
In stark contrast to an errant puck, these flying fur balls will be soft, cuddly and likely looking for a hug.
It’s the 10th year for the Giants’ annual Teddy Bear ...
Posted by Charles Bilash
on December 9, 2010
Vancouver Real Estate Overpriced?
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Is Vancouver Real Estate Overpriced or Underpriced?
From time to time I am asked if Vancouver Real Estate is overpriced. This is a very difficult question to answer and here’s why:
Compared to Where?
Overpriced is a relative term. Is Vancouver overpriced compared to where? Edmonton? ...
Posted by Mike Stewart
on December 6, 2010
Christmas Happenings in Vancouver!
'Tis the season to be jolly and busy enjoying all the best that Vancouver has to offer this Happening Holiday Season. For the little ones, Christmas just wouldn't be Christmas without the perennial favourite - The Bright Nights in Stanley Park Christmas Train. Running from Nov. 26 to Jan. 2, this is one of those ...
Posted by Gerry Gramek
on December 4, 2010