Welcome to realestate-vancouver.ca News: 2010

Whats Happening in the Lower Mainland Real Estate Market?: President of the BCREA: "Recently on the Radio Real Estate show we had Moss Moloney talk about the local and BC Real Estate Market. His thoughts were we are still s..."

Lower Mainland sales plummet, buyers, sellers reach standoff

Richmond Review - BC invests in Newton solar panels

Building permits rise more than expected in June

http://www.bclocalnews.com/business/99652514.html?c=y&curSection=/richmond_southdelta/richmondreview&curTitle=BC+Business&bc09=true

Richmond Review - Home sales drop again

Richmond Review - It's a buyer's market in Abbotsford

Richmond Review - Home prices slightly up in the city, but sales are down during July

Richmond Review - House sales fall sharply

Richmond Review - Housing market returns to 'historically average'

Richmond Review - Real estate sales decrease

Richmond Review - OK Bottle Depot is an immigrant success story

Richmond Review - Three Richmond companies nominated for Entrepreneur Of The Year Awards

Richmond Review - Richmond ‘brownfield’ to get new life

Richmond Review - Air quality advisory issued

Richmond Review - Eco-Centre coming to Surrey: Councillor

Richmond Review - Housing market expected to level off

Richmond Review - Bylaw leads thieves to target Langley

Richmond Review - Automated garbage pickup to begin Oct. 1.

Richmond Review - Rock the River expected to draw thousands to Cloverdale

Richmond Review - Regional water and sewer rates to rise

Richmond Review - Metro Vancouver's waste incinerator plan trashed

Richmond Review - Trio of road-widening projects planned for Hwy. 91 interchange

Richmond Review - Development in Richmond: Building continues to boom

Richmond Review - Demolition permit approved for Steveston waterfront

Richmond Review - New homes will be solar heat ready

Richmond Review - Canada's first traditional-style Tibetan Buddhist Monastery opens in Richmond

Richmond Review - Thieves target downtown Vernon bank

Richmond Review - Metro Vancouver approves waste incineration plan

Richmond Review - Richmond Yacht Club lays expansion course

Monday, July 19, 2010

The Most Dangerous Cities in Canada: Murder rate

2009 Maclean’s National Crime Rankings by macleans.ca on Wednesday, March 4, 2009 1:04pm - 20 Comments

Friday, July 9, 2010

Victoria News - HST reality hits new home buyers

North Shore Outlook - Real estate prices ease after rebound

First time B.C. homebuyers are the most thorough in Canada - News1130

Trading Day: TSX extends rally on strong global growth

Former BC Hydro CEO tops public-salary rankings

China opens the door to B.C. logs

Wednesday, July 7, 2010

Heat wave means gas may rise most since 2005

The hottest U.S. summer in three years and the start of hurricane season means

Twin crises sap the world's optimism

China becoming an urbanized society as migration rises

EU clashes with China over trade 'barriers'

Stocks, stock-based funds take big hit amid European economies' worries

China becoming an urbanized society as migration rises

Energy sector powers TSX to best day in three-plus weeks

Managing debt while rates rise

Bunker with thousands of marijuana plants uncovered near Sicamous

Farmers markets in Kerrisdale, Mount Pleasant to go ahead after rules overhaul

Canadian workers on the hunt, employers planning to hire

UTS Energy shares soar on France's Total takeover bid

Investors rate their advisers with a note of caution

Rebates soften HST sting for starters

Buyers take control with Okanagan slow to recover; fewer Albertans are purchasing recreational property

Pier Pressure: It can take years to find moorage at B.C. marinas

First-time homebuyers in B.C. more likely to buy condos

Metro Vancouver housing market steady: real estate board survey

B.C. building permit values soar, StatCan says

Few fines collected for violations of Do-not-call list

Australian scientists develop the perfect prawn

Metro Vancouver home prices to ease: Royal LePage

Richmond Review - Cultural Centre still has a ways to go

Richmond Review - House prices up, sales down, in Greater Victoria

Richmond Review - Stanley Park to keep its name

Richmond Review - W. Van housing pilot program moves forward

Richmond Review - On-leash dogs still not allowed on Centennial Seawalk

Richmond Review - Benefit for families who lost homes in Knightsbridge fire a big success

Richmond Review - Canada gets approved destination status from China

Richmond Review - New IKEA store approved

Richmond Review - Coming to Canada: Immigrant says newcomers need to stay positive

Richmond Review - City mulls ways to spend surplus

Richmond Review - Salaries jump at city hall

Richmond Review - Sales tax break for cross-border shoppers blocked

Richmond Review - City asks court to dismiss Musqueam’s Garden City lands lawsuit

Richmond Review - Kwantlen searching for satellite campus in Richmond

Wednesday, June 30, 2010

U.S. home prices up 0.8 per cent in April as buyers rushed to get tax credit

As economic recovery slows, consumers turn gloomy in Canada and U.S.

Canadians nearing retirement age are financially unprepared, says study

Mortgage rates cut by one-tenth of a percentage point by Canadian bank

CBC News - World - China-Taiwan trade pact reduces tariffs

CBC News - British Columbia - Vancouver board posts school closure list

CBC News - British Columbia - Royal, TD trim some mortgage rates

CBC News - British Columbia - School cuts target special needs says parent

CBC News - British Columbia - Landlords fail to pay for roof collapse

CBC News - Consumer Life - Consumers lose confidence: Conference Board

CBC News - Money - Markets drop close to 3% on recovery worries

Richmond Review - Evergreen Line will affect businesses — assessment

Richmond Review - Reality of HST hits new home buyers

Richmond Review - B&B faces cul-de-sac backlash

Household credit growth slowing: CIBC

Tuesday, June 29, 2010

Low rates may be creating 'zombie banks'

Central banks run the risk of distorting financial markets and creating "zombie banks" forever dependent on government

G20 to halve deficits by 2013, stabilize debt levels

TORONTO -- Group of 20 countries have reached a deal to halve their respective deficits by 2013 and to stabilize debt

Federal government puts new limits on skilled immigrants

OTTAWA — The federal government has put a cap of 20,000 on the number of visa applications it will review from skilled

The end of China’s cheap, rural workforce?

This may be hard to believe, but China is apparently running out of workers

HST will affect investors across Canada

Even as Ottawa seeks ways to help under-saving Canadians put away more for retirement

Stock markets plunge on discouraging data

Vancouver landlords sue tenant for grow-op damages

Chinese investors fuel population growth in B.C.

Richmond Review - Water damage grant ends with HST

Richmond Review - City targets 'unsightly' property

Richmond Review - Canada Line testing more frequent service

Richmond Review - UPDATE: Power problems trigger pair of massive sewage spills

Richmond Review - Metro red flags TransLink plan

Jewel’s Burnaby location defines sparkling

Former crime scenes not an easy sell for realtors

Russian billionaire reported to be eyeing Whistler

Sun Peaks set to become B.C.'s newest resort municipality

Don't like your Olympic village deal? Call the condolitigator

Recreation trumps investment, survey finds

If buying new, buy what you need to beat the HST

Buyers take control with Okanagan slow to recover; fewer Albertans are purchasing recreational property

Vancouver world's most livable city, Harare the worst: Poll

Burnaby scores low on the 'Best Places to Live' list

Age profile of homeowners relatively stable over generations, StatsCan finds

More Canadians are owning homes later into life, according to a new report by Statistics Canada.

B.C. housing sales expected to ease this year but rise in 2011: survey

Home sales down, prices to remain flat in Metro Vancouver

Metro Vancouver apartment vacancy increase

Metro Vancouver's apartment vacancy rate increase to 2.2 per cent in the spring.
The increase, compared with 2.1 per cent last fall, represented opposing forces of higher levels of first-time home ownership and job cuts during the recession resulting in young tenants doubling up or moving back home. Both trends helped take renters out of the market, according to, Robyn Adamache, CMHC's market analyst for Metro Vancouver.

For detail

Source: By Derrick Penner, Vancouver Sun June 15, 2010

Vancouver Office rental vacancy falls

Downtown Vancouver’s office leasing market has bounced back due to a stream of infrastructure projects. Downtown’s office vacancy rate decrease to 4.8 per cent in the first quarter of 2010.

For detail

Source: By Derrick Penner, Vancouver Sun June 17, 2010

Royal Bank lowers residential mortgage rates

OTTAWA — Royal Bank lowered its residential mortgage rates on Thursday.

The changes, effective Friday, affect fixed mortgages, which fell by 0.10 per cent in terms ranging from one to 10 years.

For detail

Source: FINANCIAL POST JUNE 24, 2010

Richmond River Road rezoning possible

Quadra Coast Carriers got the tentative approval Tuesday from the city of Richmond's planning committee to store commercial vehicles at 16780 River Road. The rezoning application was accepted because the land was used for parking refrigerator trucks carrying agricultural produce.

If approved, the property will be rezoned from AG-1 (agriculture) to a newly created industrial zoned tailor-made for River Road properties. The zoning is meant to be temporary. Should all the other property owners along River Road also apply for rezoning, more intense industrial uses may be permitted in the future.

For detail

Source: By Nelson Bennett, Richmond News June 25, 2010

Eleven Olympic Village condo buyers want to back out of pre-sales

Eleven buyers lost faith in the Vancouver Olympic Village project. They said washers and dryers had not been installed in their units, and the $5,000 electric fireplaces did not working properly.

For detail 详情

Source: By John Bermingham, The Province June 26, 2010

House-hunting tours from China aim on million-dollar or multi-million-dollar listings.

VANCOUVER becomes the destination for Chinese real estate investers. Groups of wealthy travellers visit the city for the sole purpose of house hunting. potential buyers are particularly drawn to neighbourhoods with "famous" schools or ocean views.

For detail

Source: By Derek Penner, Vancouver Sun June 28, 2010

RICHMOND Leasehold leaky condo residents face eviction ultimatum

RICHMOND Susssex Square residents will have their homes repossessed and their
leases terminated if the accessment for repair do not paid by July 7 2010.
The Sussex Square consists six three-storey buildings near RAIL WAY
and GRANVILLE in RICHMOND. They are 99-year lease -- Westsea
Construction Ltd.

For detail

Source: By Martin van den Hemel, Richmond Review June 24 2010

Richmond waterfront Condos sold well

The presale of waterfront condos-River Green, around Richmond Olympic Oval by
Magnum Projects went well. Around 300 people line up on Saturday and
150 units sold.

For detail

Source: By Martin van den Helmel, Richmond Review June 16

Farmland affected: City of Richmond changed property rights without notice

Late last year, the City of Richmond changed property rights which
affect agriculture land owners, most of whom are owners to east of No. 4 Road. The new zoning Bylaw restricts construction of residential structures,
including swimming pool ans sheds from being built more than 50 metres
away from a public roadway.

For detail

Source: By Martin van den Hemel, Richmond Review June 16 2010

Richmond drinking water meets all requirements

Richmond's drinking water meets all requirements in the annual water
quality report.

For detail

Source: By Martin van den Hemel, Richmond Review June 22 2010