Below is a letter by REBGV President Dave Watt that appears in today's (Friday December 5th) Vancouver Sun on page A-17. Click here to read the letter on the Vancouver Sun website.
Making sense of today's housing market In recent months, economists have had the unenviable task of trying to calculate the direction the housing market is likely to take, factoring in things like unemployment ...
Posted by Oliver Po
on December 31, 2008
Demand for rental housing rising
Garry Marr, Financial Post Published: Thursday, December 11, 2008
Rising home ownership costs are driving Canadians back into the rental market, according to a new report from Canada Mortgage and Housing Corp.
The Crown corporation said its survey of 34 major centres found the national vacancy rate fell to 2.2% in October 2008, down from 2.6% from a ...
Posted by Oliver Po
on December 31, 2008
Great deals out there
Home buyers are holding back because of the economy and deals have sprung up as a result
Jennifer Podmore Russell, Special to Westcoast Homes
Once again the real estate market is one of the hottest conversations in town. The topic can be heard at the water cooler, in restaurants, at dinner parties and on airplanes.
We talk about it because it affects us and because the ...
Posted by Oliver Po
on December 31, 2008
Canadian housing market still looks good here compared to U.S.
By Garry Marr, Canwest News ServiceDecember 31, 2008 2:02 PM Vancouver Sun
TORONTO - House prices continue to plummet in the United States, but the consensus in Canada remains that the impact of the downturn will not be as severe here.
Home prices in 20 major U.S. cities are now falling faster than at any point on record, hit hard ...
Posted by Oliver Po
on December 31, 2008
Lower rates to 'impact housing market'
Easier payments expected to apply to mortgages
Andrew A. Duffy, Times Colonist
Canadian homeowners will be paying down more of their mortgage principal and may be considering investing in rental properties following a large cut of 75 basis points to the Bank of Canada's overnight lending rate according to a mortgage expert.
Alyson Thiessen of Mortgage ...
Posted by Oliver Po
on December 31, 2008
Just wanted to say thank you to the team at COAST Restaurant in Yaletown, for putting on a fabulous party for both our company's. We all had a great time, the food and service was 1st Class. I highly recommend Coast Restaurant. Michael La Prairie
Posted by Michael LaPrairie
on December 29, 2008
Facebook cuts ties with Project Playlist
AFP
Published: Friday, December 26, 2008
WASHINGTON - Social network Facebook has severed ties with Project Playlist, just days after rival MySpace cut its links with the fast-growing music-sharing startup over copyright violation fears.
Facebook's move came a day after the Palo Alto, California-based Project Playist announced its biggest coup yet ...
Posted by Adam Knight
on December 29, 2008
It's wet and slushy in Vancouver
Mother Nature isn't letting up on Metro Vancouver just yet, but this time she's soaking the region with rain.
Rain overnight and this morning left many streets flooded with water. Standing water on roads throughout Metro Vancouver could lead to buses having to re-route, TransLink spokesman Ken Hardie said in an e-mail. Routes in in Vancouver, Coquitlam and Port ...
Posted by Adam Knight
on December 29, 2008
Pagan Party: New Year's traditions that hail from the depths of antiquity
By Randy Shore December 26, 2008
If your head really hurts on New Year's Day, you could point your finger at the Babylonians who started this new year revelry nonsense. Though the ancient Romans added the idea of alcoholic excess, or at least perfected it.
Julius Caesar fixed the start of the year on Jan. 1 by letting ...
Posted by Adam Knight
on December 29, 2008
Pop Up Architecture
To get to know a building well, is it easier to walk through it or to read about it? With Universe Publishing's recently released book, Modern Architecture Pop-Up by Anton Radevsky and David Sokol, the decision isn't necessary.Included in the book are some of the world's most celebrated works of architecture, from Philip Johnson's Glass House to the Pompidou Centre by Renzo ...
Posted by Adam Knight
on December 29, 2008