Canada consumer confidence lowest since 1982
TORONTO, Nov 24 (Reuters) - Consumer confidence in Canada dropped further in November to a fresh 26-year low as global economic turmoil intensified, the Conference Board of Canada said on Monday.
The report comes a day after Canada's Conservative government conceded for the first time that the country may be in a technical recession.
"Consumer sentiment ...
Posted by Shaun Kimmins
on November 24, 2008
U.S. bails out Citi with $20 billion capital, guarantees
By Dan Wilchins and Jonathan Stempel
NEW YORK (Reuters) - The U.S. government moved to bail out Citigroup Inc, agreeing to shoulder most potential losses from $306 billion of its toxic assets and inject $20 billion of new capital, its biggest effort yet to prevent a big bank from failing.
The bailout, announced on Sunday, will give the ...
Posted by Shaun Kimmins
on November 24, 2008
Canada's Dollar Appreciates for Second Day as Stocks, Oil Climb
By Chris Fournier
Nov. 24 (Bloomberg) -- Canada's currency strengthened for a second day after global stocks gained, buoyed by a bailout of Citigroup Inc. and speculation that governments will stimulate faltering economies.
"The stock market obviously likes the Citibank bailout," said Aaron Fennell, a Toronto-based futures and currency ...
Posted by Shaun Kimmins
on November 24, 2008
Summary - Listings Pile up, sales slow, rental market softens
Coal Harbour
Active Listings: 268
Sold last 30 days: 5
Month's of inventory at 30-day sales rate: 54
Result: Downward price pressure
Cause: Original owners/investors/prospectors attempting to cash in en masse.
By-product: Many would be sellers are beginning to turn to the rental market thinking conditions will improve in the ...
Posted by Shaun Kimmins
on November 24, 2008
Polygon begins Windsor Gate construction on what will eventually be a total of 1,400 homes.
Vancouver Sun
Published: Friday, November 14, 2008
VANCOUVER - The waterfall at the entrance to Polygon's new master-planned community in Coquitlam - Windsor Gate - is not your typical entryway. This over-the-top water feature was designed to remind all who pass it of Frank Lloyd Wright's masterpiece ...
Posted by Adam Knight
on November 23, 2008
Landmark 33. Prime location. Fabulous two bedroom, two bathroom plus den suite. Steps to seawall & Yaletown amenities. Fabulous renovations. Some special features, incl imported wood floors, subway tiles & extensive mouldings & woodwork. A must see! Excellent views to marina, water & seawall. Resort-like amenities. Call Bruce Gibson 604-685-5951
http://www.century21.ca/property/BC/V6Z_2V9/Vancouver/EXPO_BV_1506/1009 ...
Posted by Bruce Gibson
on November 23, 2008
Here is a story that recently aired on The National on CBC discussing the current Real Estate trend and the market in Vancouver.
1990-1995 5 year building craze
1995-1999 Building craze ends few buildings were built, buyers depleting stock
2000 Prices begin to escalate as demand out paces supply
2002-2007 5 year building craze
2008-????
...
Posted by Adam Knight
on November 23, 2008
Landmark 33. Prime location. Fabulous two bedroom, two bathroom plus den suite. Steps to seawall & Yaletown amenities. Fabulous renovations. Some special features, incl imported wood floors, subway tiles & extensive mouldings & woodwork. A must see! Excellent views to marina, water & seawall. Resort-like amenities. Call Bruce Gibson 604-685-5951
http://www.century21.ca/property/BC/V6Z_2V9/Vancouver/EXPO_BV_1506/1009 ...
Posted by Bruce Gibson
on November 23, 2008
Miro by Polygon, by award winning arch James Hancock, sleek contemp styling. Beautiful 1 bedroom & den in the heart of Downtown. Functional floor plan w/brand new hardwood floors & California closets. Very clean well maintained home perfect to live in or use as an investment. All S/S appliance & quality finishings thru out home. A must see. Home also comes w/1 parking & ...
Posted by Eniz Aziz
on November 23, 2008
Miro by Polygon, by award winning arch James Hancock, sleek contemp styling. Beautiful 1 bedroom & den in the heart of Downtown. Functional floor plan w/brand new hardwood floors & California closets. Very clean well maintained home perfect to live in or use as an investment. All S/S appliance & quality finishings thru out home. A must see. Home also comes w/1 parking & ...
Posted by Eniz Aziz
on November 23, 2008