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Blog by Karel Palla

Steveston BC Packers Site Finally to be Developed

May 29th, 2009

walkway along water.jpg

A narrow strip of contentious Steveston real estate boasting some of the best views of the Fraser River is now set to be developed without a public hearing.

Onni Development is pushing ahead with plans to construct six buildings-up to three storeys-with fishing-related industry on the ground floor and condominiums above.

The project falls within the 1.41-hectare site's existing zon ...

BC Housing Market Stabilizing

May 28th, 2009

For a PDF version of this news release, including data table, follow this link:
www.bcrea.bc.ca/news_room/2009-05-26Forecast.pdf.

BC Housing Market Stabilizing
Balanced markets emerging in Victoria, Vancouver and the Fraser Valley

Vancouver, BC - May 26, 2009. As part of its Spring 2009 Housing Forecast, the British Columbia Real Estate Association (BCREA) reported today that housin ...

Housing Market Balancing Out

May 16th, 2009

Vancouver, BC - May 14, 2009. The British Columbia Real Estate Association (BCREA) reports that April was the third consecutive month of increasing home sales in the province, on a seasonally adjusted basis. Consumer demand was bolstered by lower home prices and record low mortgage interest rates. Housing affordability hit a three-year high at the beginning of the month.

"Downward pressur ...

April 2009 Statistics

May 6th, 2009

Buyer activity brings greater stability to the housing market

VANCOUVER, B.C. - May 4, 2009 - With more buyers and fewer homes for sale in recent months, the Greater Vancouver housing market has entered a more moderate and balanced state.

For the sixth consecutive month, new listings for detached, attached and apartment properties declined in Greater Vancouver, down 33.7 per cent to 4 ...