Blog by Jacquie Swaisland

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Home sales activity strong through Olympic period

March 3rd, 2010

Home sales activity strong through Olympic period

The Greater Vancouver housing market continued to experience strong demand from homebuyers and an increase in total property listings in a month where the eyes of the world were focused on the region.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver totalled 2,47 ...

January 20th, 2010

Bank of Canada maintains overnight rate target at 1/4 per cent and reiterates conditional commitment to hold current policy rate until the end of the second quarter of 2010

OTTAWA, Jan. 19 /CNW Telbec/ - The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/4 per cent. The Bank Rate is unchanged at 1/2 per cent and the deposit rate is 1/4 per cent.

...

Real estate markets race to record July home sales

August 20th, 2009

Metro Vancouver charts increase of 89-per-cent over same time last year

By Derrick Penner, Vancouver SunAugust 6, 2009

Home sales in the Lower Mainland burst out of their long slump in July as first-time homebuyers, lured by lower prices and rock-bottom interest rates, flooded into the market.

Both Metro Vancouver and Fraser Valley real estate boards reported record home sales for the mo ...

Housing Stats for June '09 Impressive

July 15th, 2009

Market conditions drive strong June housing sales

VANCOUVER, B.C. - July 3, 2009 - The combination of low interest rates and more affordable pricing helped propel Greater Vancouver home sale numbers to the second all-time highest total for the month of June.

The Real Estate Board of Greater Vancouver (REBGV) reports that sales of detached, attached and apartment pro ...

REBGV May Statistics

June 3rd, 2009

REBGV May Statistics

Increased demand steadies housing market in Greater Vancouver

A continued increase in buyer activity over the last four months has resulted in increased home sales and lessened the downward pressure on housing prices in Greater Vancouver.

The Real Estate ...

First Time Home Buyers - Driving Force

March 16th, 2009

First-time buyers are now the driving force behind a Metro Vancouver real estate market that's showing increasing signs of recovery, according to a report released Wednesday by RE/MAX.

"This survey says that people are confident in their jobs and taking advantage of record low interest rates and the price depreciation that's occurred," Elton Ash, regional executive vice-president, RE/MAX of ...

Bank of Canada cuts rates by .05%

March 3rd, 2009

OTTAWA - As expected, the Bank of Canada cut its key benchmark-lending rate Tuesday by another 50 basis points, to a record low of 0.50 per cent, to spur an economy that it acknowledged is deteriorating at a faster pace than expected, and indicated it would, if required, begin buying back government bonds in an effort to stimulate the economy.

In what analysts are calling a "bold" statement, ...

Federal budget offers good new for homebuyers and homeowners

January 29th, 2009

Federal budget offers good news for homebuyers and homeowners

VANCOUVER, B.C. - January 29, 2009 -Yesterday's federal budget offered a number of initiatives to benefit homebuyers and homeowners in our communities.

"The housing measures tabled in yesterday's budget will go a long way to addressing local economic uncertainties, consumer confidence and the quality of life in our neighbourhoods ...

Buy or Sell First?

November 16th, 2008

The classic dilema for many homeowners is whether to buy or sell first. There is no "right" answer. It depends on your specific circumstances.

Most homeowners agree that it's more prudent and less stressful if you sell your existing home before you buy a new one. You can often get a better price for your home if you are not under pressure to sell. And you're in a better position to nego ...

Four Biggest Staging Challenges

October 3rd, 2008
  • Challenge 1: Owners don't want to change their decor.
  • To make sellers more open to staging, present it as a service you do for every client. That is, you're not singling them out. Let sellers know you need to protect grandma's antique bureau by putting it in storage so that nothing happens to it.
  • Challenge 2: The listing has languished on the market for months before the ...
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