Blog by Kimmins and Associates: Luxury Real Estate

< Previous

1802 1725 PENDRELL Street, Vancouver West, British Columbia

December 20th, 2008

I just finished uploading this Condo for sale, 1802 1725 PENDRELL Street, Vancouver West, British Columbia

Stunning recently renovated view suite just steps from the English Bay waterfront. 180 deg of the best views Vancouver has to offer. Watch the fireworks and enjoy your uninterrupted views of life in English Bay. Steps from Davie & Denman, enjoy downtown's conveniences: restaurants, shop ...

Flaherty: Economy 'getting worse month by month'

December 17th, 2008

James Wood, Canwest News Service Published: Wednesday, December 17, 2008

“We’re facing a difficult year next year,” says Finance Minster Jim Flaherty.

Brett Gundlock/National Post"We're facing a difficult year next year," says Finance Minster Jim Flaherty.

SASKATOON -- The word was gloomy from federal Finance Minister Jim Flaherty as he began talks with his provincial and territorial counterparts Wednesday morning.

...

Carney urges banks to lend more

December 17th, 2008

Globe and Mail Update

Canada's banks should take full advantage of their relatively healthy status by expanding their lending, and resist the competitive pressure to build up capital reserves instead, Bank of Canada Governor Mark Carney says.

In comments to The Globe and Mail's editorial board on Wednesday, the govern ...

Markets jump after Fed cuts interest rate to lowest level ever

December 17th, 2008

The U.S. Federal Reserve has cut the country's federal funds interest rate by three-quarters of a percentage point to a target range of zero to 0.25 per cent.

That is the lowest level on record in the United States for the rate, which is the price that banks charge each other for loans. U.S. commercial banks are now expected to lower the prime rate, the key rate for many loans to consumers. ...

903 788 RICHARDS Street, Vancouver West, British Columbia

December 16th, 2008

I just sold this Condo at 903 788 RICHARDS Street, Vancouver West, British Columbia .

View this recently sold Condo or see all my home sales

403 499 BROUGHTON Street, Vancouver West, British Columbia

December 16th, 2008

I just sold this Condo at 403 499 BROUGHTON Street, Vancouver West, British Columbia .

View this recently sold Condo or see all my home sales

Canadian Dollar mixed against major currencies

December 15th, 2008

(CEP News) - The Canadian dollar is mixed against major foreign currencies on Monday as it makes notable gains against the U.S. and Australian dollars.

The loonie is up 0.0141 to 0.8153 against the U.S. dollar, as the greenback suffers broad-based losses. The U.S. dollar index is now down 1.325 points to 82.319.

"The USD continues to look soft against many currencies in the short term. A co ...

Home sales, prices see double-digit drops

December 15th, 2008

Home sales, prices see double-digit drops

Eric Beauchesne,

Published: Monday, December 15, 2008

OTTAWA - Home sales suffered their second straight double-digit plunge last month to a near eight-year low, while average home prices fell almost 10 per cent from a year earlier, according to an industry report Monday, providing the latest evidence of a sharper-than-expected downturn in ...

Mortgage defaults not a concern

December 15th, 2008

Canadian mortgage industry says rising defaults not a huge concern

VANCOUVER, B.C. - Canada's mortgage industry says it's not concerned about the impact of rising defaults as a result of the recession that has set foot in Canada.

Despite a warning from the Bank of Canada on Thursday that mortgage and loan defaults could rise "significantly" if the global financial crisis deterio ...

Homebuyers Benefit from Lower Prices

December 12th, 2008

For immediate release

Vancouver, BC - December 12, 2008. British Columbia Real Estate Association (BCREA) reports residential sales dollar volume on the Multiple Listing Service® (MLS®) in BC declined 67 per cent to $1.07 billion in November, compared to November 2007. Residential unit sales were down 62 per cent to 2,707 units during the same period. The average MLS® residential price in th ...

< Previous