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Blog by Kevin Wong

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Bank of Canada Seen Delaying Rate Hike Until Q3 Of 2012: Poll

October 20th, 2011

Debt Surrounding Vancouver's Olympic Village Still Unknown

October 19th, 2011
Vancouver’s troubled Olympic Village could still wind up costing taxpayers as much as $100 million in unrecovered debt despite herculean efforts to sell the project’s remaining units, Coun. Geoff Meggs said Tuesday.

His pronouncement came after City Manager Penny Ballem reported to council that the city still has outstanding loans of $446 million even though it has managed to sell ...

Incomes, House Prices Leave Young B.C. Families Worse Off Than Anywhere In Canada

October 19th, 2011

VANCOUVER - Heather Hansen and her husband are left with almost no spending money after they pay their regular bills.

Mortgage payments on their New Westminster townhouse, daycare costs for their two-year-old son, transportation, groceries and servicing student loans suck all the income out of the household as fast as Hansen, a health care social worker, and her husband, an apprent ...

Bank Of Canada Seen delaying Rate Hike Until Q3 Of 2012: Poll

October 18th, 2011

The Bank of Canada will keep rates on hold until the third quarter of next year amid slow global growth and the risk that Europe's debt crisis will linger on, according to a Reuters survey released on Tuesday.

The Reuters poll of 40 economists and strategists showed the median forecast for the next interest rate increase was pushed back by three months from the second-quarter of ...

British Columbia Real Estate Association: Housing Market Update (October 2011)

October 18th, 2011

Home-Owning Baby Boomers Should Consider ‘For-Sale’ Signs

October 17th, 2011

Baby boomers, the housing market is in your hands.

Out of a population of 34.6 million, Canada has roughly 10 million people who were born between 1946 and 1965. This massive boomer cohort started turning 65 this year. All those empty nesters will soon have a decision to make. Should they sell now to downsize their family home, or stay on to welcome grandchildren?

This could be on ...

Canadian Home Sales Pick Up In September

October 17th, 2011
According to statistics[1] released today by The Canadian Real Estate Association (CREA), national resale housing activity picked up in September 2011.

Highlights:

  • Sales activity rose 2.7 per cent in September from the previous month.
  • Holding in line with the ten-year average, activity during the first nine months of this year pulled ahead of sales over the same period last year.
  • Th ...

4732 BLENHEIM Street, Vancouver West, British Columbia

October 15th, 2011

I just finished uploading this House for sale, 4732 BLENHEIM Street, Vancouver West, British Columbia

Gorgeous, brand new home in Mackenzie Heights area. It offers 3174 SF of luxurious living space in 3-level living area with 35x130 lot. Spacious open layout with 5 bedrooms + den, 5.5 bathrooms. Top of the line appliances & gorgeous cabinet , A/C, HRV, security system. Great sized recreation r ...

Granville Open House!

October 15th, 2011

We are proud to announce that this Oct 15th, 2:00 PM to 4:00 PM we will be hosting an Open House at 6366 GRANVILLE Ave in the Granville neighborhood, Richmond. This is an opportunity to visit this excellent House for sale in beautiful Granville.

Please come with any questions you may have. In the meantime you can take a virtual tour of this Granville House for sale.

As always please do not ...

6366 GRANVILLE Ave, Richmond, British Columbia

October 15th, 2011

I just finished uploading this House for sale, 6366 GRANVILLE Ave, Richmond, British Columbia

Central location! Well kept 4 bdrms & den, cozy & bright living room. South facing backyard w/double garage. Minutes to Richmond Centre, library, swimming pool, near Minoru Park, good school & transportation. Walking distance to Richmond Secondary, the only IB program offered in Richmond. Double heig ...

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