Royal LePage Real Estate Services says average house prices continued to increase with many markets experiencing double-digit gains.
The average price of a detached bungalow in Canada, for example, rose 11.6 per cent in the fourth quarter to $ ...
I always try to avoid answering the obvious question: "So, how long is this current real estate boom going to continue?" Predicting when the bubble will burst can be dangerous, if for no other reason than I might live to regret being proved totally wrong.
Any predictions would be based on gut instinct, since I don't follow the market closely enough to have real data.
I was recently prompted ...
What follows is one man's early nomination for novel sleeping experience, downtown Vancouver category, 2007 calendar year: It might occur in at least a dozen apartments in the Pomaria residential tower on Howe at Pacific.
A floor-plan notation for one of the apartment schemes, "glass wall levels 19 to 21," was my first intimation of the nightly novelty a lucky few will experience in the 30-f ...
It was an apple-sweet moment for Persian expatriates Mohammed Esfahani and Roger Navabi last week, when their 30-floor Pomaria tower at Beach and Howe received the Urban Development Institutes' excellence award for highrise multi-family development. Pomaria means "apple garden" in Latin and the name could - but likely won't - be realized by appropriate plantings on the tower's 16th and 19th- ...
Thursday, May 15, 2008
Unmistakeable signs of cooling are appearing in the Canadian real estate market, but the chance of a big drop in prices is "very low," according to an analysis from Scotia Capital.
"After many false calls, there is now convincing evidence that Canada’s housing market has come off the boil," writes Scotia economist Adrienne Warren.
Warren cites a confluence of indicator ...
