Monday, May 18, 2009 B.C. housing prices still under pressure to fall, Scotia Economics saysby Alex Lam on Mon, May, 18, 2009 09:03 PM By Derrick Penner, Vancouver SunMay 6, 2009
While British Columbia real estate sales have lifted from last fall's dismal lows, market oversupply and deteriorating economic conditions will still pressure... Tuesday, March 24, 2009 First Time Home Buyers Save the Marketby Alex Lam on Tue, Mar, 24, 2009 05:40 PM Judging from the many shoes littering the front porches at open houses in recent weekends, it's clear that people are back buying houses.
Without a doubt, the market has picked up, and we're barely into... Tuesday, March 24, 2009 Foreclosures Are Up 2009by Alex Lam on Tue, Mar, 24, 2009 05:29 PM Financial Post March 24,2009
OTTAWA — Consumer bankruptcies in Canada spiked sharply in January, the beginning of what credit experts warn could be a wave of bankruptcies this year that are the inevitable... Tuesday, March 24, 2009 Prices Drops Stablilizingby Alex Lam on Tue, Mar, 24, 2009 05:21 PM
PATRICK BRETHOUR
Globe and Mail Update
March 20, 2009 at 6:00 AM EDT
For years, the real estate market in B.C.'s Lower Mainland acted a lot like the mythical perpetual motion machine.
Buyers were jumping... Thursday, February 12, 2009 Market Update Feb 2009by Alex Lam on Thu, Feb, 12, 2009 02:51 PM As we begin this new year, you maybe thinking if it is the right time to purchase real estate. Companies are fallings, manufacturing jobs are being losts, and stock markets are tumbling. In... Thursday, February 5, 2009 Market Update Feb 3, 2009by Alex Lam on Thu, Feb, 5, 2009 04:34 PM Saturday, January 31, 2009 FTHB - Federal Budget 2009by Alex Lam on Sat, Jan, 31, 2009 09:08 PM Its a great time for first time homebuyers to enter the vancouver real estate market. Not only are prices falling, interests rates are at an all time low. Lenders are also very willing to lend... Friday, January 16, 2009 Liquidation Sale More of a Marketing Ployby Alex Lam on Fri, Jan, 16, 2009 12:14 AM n what’s being marketed as a real estate liquidation sale, the Onni Group of Companies is offering 375 Metro Vancouver condos valued at $150 million at prices it says are discounted by up to 40 per cent... Thursday, January 15, 2009 Condo Fire Sale Prices - Could be the time to buyby Alex Lam on Thu, Jan, 15, 2009 04:15 AM As reported by CBC
A Vancouver real estate developer is making an unprecedented move to offer a liquidation sale of $350 million worth of its condominiums throughout the Lower Mainland.
The marketing... Tuesday, January 6, 2009 Average Metro Vancouver Home Prices to Fall to $540,000by Alex Lam on Tue, Jan, 6, 2009 06:31 PM VANCOUVER — Metro Vancouver's home prices rose the highest in Canada's property boom and will fall the farthest in its correction, real estate firm Royal LePage has forecast.
Royal LePage Real Estate Services,... Wednesday, December 17, 2008 Time to purchase, Lowest Interest Rates in 50 Yearsby Alex Lam on Wed, Dec, 17, 2008 10:19 PM By Theophilos Argitis
Dec. 17 (Bloomberg) -- Canadian Finance Minister Jim Flaherty, who’s preparing a spending plan to help offset the country’s first recession in 16 years, said the central bank... Tuesday, December 9, 2008 Floating Rate Drops .75 Percent - Signals a Great Time to Buyby Alex Lam on Tue, Dec, 9, 2008 12:46 PM Bank of Canada lowers overnight rate target by 3/4 percentage point to 1 1/2 per cent
OTTAWA - The Bank of Canada today announced that it is lowering its target for the overnight rate by three-quarters... Tuesday, December 2, 2008 Fundamentals of Purchasing Real Estateby Alex Lam on Tue, Dec, 2, 2008 09:03 PM When is it time to sell? When is a good time to buy?
All markets including Real Estate has its up cycles and down cycles, and like the stock market respond to good news and bad news. ... Tuesday, November 18, 2008 Buyers Market: Time to Make an Offer !by Alex Lam on Tue, Nov, 18, 2008 08:12 PM November 18,2008
The Vancouver real estate market has dropped approx 3.9 percent in the last 5 months as reported by the Real Estate Board of Greater Vancouver, Nov 14,2008.
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