Condo builders push merits of concrete
By HADANI DITMARS, SPECIAL TO THE GLOBE AND MAIL
The current vogue for using high-tech wood products as a green building material has spawned a flurry of proposals for “timber towers.”
But some new concrete low-rise projects in the Vancouver area seem to be going against the grain. Developers, like the I4 Property Group in North Vancouver whose 700 Marine project is scheduled for completion in July, and Cressey, whose new four-storey Arbutus Ridge project has sold over 50 per cent of...
March 2013 Stats - Spring delivers greater balance to Greater Vancouver housing market
A closer relationship between home buyer demand and the supply of homes for sale has been having a stabilizing impact on home prices in the Greater Vancouver housing market over the last three months.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver reached 2,627 on the Multiple Listing Service® (MLS®) in April 2013. This represents a 6.1 per cent decrease compared to the 2,799 sales recorded in April 2012, and an 11.9 per cent...
March stats breakdown
March 2013 stats: Home sale activity improves but remains below historical averages
Lower levels of both supply and demand in recent months are holding home prices in check in the Greater Vancouver housing market.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver reached 2,347 on the Multiple Listing Service® (MLS®) in March 2013. This represents an 18.3 per cent decrease compared to the 2,874 sales recorded in March 2012, and a 30.6 per cent increase compared to the 1,797 sales in February 2013.
5 Condo Questions You Never Thought to Ask
Beyond the basics meant to ascertain the property type, market and potential tenants, there are a few other factors investors should consider before signing the dotted line. Here are five “other” questions every investor should ask when considering a condo.
1. Get the scoop on the Reserve Fund
First, reserve funds requirements vary from province to province, so if you’ve invested primarily in Ontario and are now looking at a property in B.C., be sure to check what the provincial...
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