Please click the link to view an article titled "Vancouver home prices expected to jump 7.2 per cent in 2010"
http://www.vancouversun.com/business/Canada+real+
estate+market+analysts/2421518/Vancouver+home+prices+expected+jump+cent+2010/2416813/story.html
The Key Point:
"Metro Vancouver's home prices will inflate another 7.2 per cent this year, as long as the expected mid-year rise in mortg ...
Please click the link to view an article titled "Canada's government will puncture any housing bubble: finance minister"
http://www.vancouversun.com/business/Feds
+will+puncture+housing+bubble+Flaherty/2359742/story.html
Some of the Key Points:
-CMHC may increase required down payments and decrease amortization periods. Thus, homebuyers will need 10% down and 30 year amortization. As oppos ...
Please click the link to view an article titled "Global housing crisis? What crisis? Vancouver asks"
http://www.vancouversun.com/business/real-estate/Global+housing+crisis+What+crisis+Vancouver+asks/2347973/story.html
Some of the Key Points:
- Competing Offers again on properties
- Realtors do not believe this is another "bubble"
- Low Interest rates contribute to increased number of buyers ...
Please click the link to view an article titled "B.C. to jack up HST threshold on new housing rebate to $525,000"
http://www.vancouversun.com/business/real-estate/jack+threshold+housing+rebate/2241325/story.html
Some of the Key Points:
- The threshold for which the maximum HST rebate will apply will be raised to $525,000 from $400,000
- The maximum rebate to homebuyers purchasing houses ...