Blog by Kimmins and Associates: Luxury Real Estate

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Gold Medal Recovery Limited by Economy, Affordability

January 31st, 2010

BCREA Housing Forecast Update - First Quarter 2010

Vancouver, BC - January 29, 2010. The British Columbia Real Estate Association (BCREA) released its Housing Forecast Update for the first quarter of 2010 today.

2010-01forecastchart.gif

BC Multiple Listing Service® (MLS®) residential sales are forecast to increase 6 per cent from 85,028 units in 2009 to 90,100 units this year, before declining 3 per cent to 87,50 ...

1101 560 CARDERO Street, Vancouver West, British Columbia

January 22nd, 2010

I just finished uploading this Condo for sale, 1101 560 CARDERO Street, Vancouver West, British Columbia

Stunning view suite in one of Coal Harbour's most sought after buildings - The Avila. The perfect Olympic getaway with quick completion possible and stylish furniture package available. Just move in and start enjoying luxury waterfront living with resort-like amenities in one of Vancouver ...

Bank of Canada in no Hurry to Raise Interest Rates

January 21st, 2010

1103 1139 CORDOVA Street, Vancouver West, British Columbia

January 20th, 2010

I just sold this Condo at 1103 1139 CORDOVA Street, Vancouver West, British Columbia .

View this recently sold Condo or see all my home sales

More Information on the pending HST (HArmonized Sales Tax)

January 20th, 2010

Some more info on the Harmonized Sales Tax (HST). For more, please go to: www.cra.gc.ca/harmonization ... Choose a province ... Forms & Publications... NOTICE246 ... PDFnotice ...


HST on all NEW properties (NOT re-sale) effective July 1st, 2010
5% GST plus 7% PST = 12% HST

*** HST applicable on all NEW properties completed AFTER June, 2010 ***

1) GRANDPARENTED
* Any pre-sale contract ente ...

Information on the pending HST tax

January 19th, 2010

BC Comprehensive Integrated Tax Coordination Agreement

The Province and the federal government have signed an agreement on the implementation of HST in British Columbia. The Comprehensive Integrated Tax Coordination Agreement (CITCA) contains the terms and conditions under which B.C. will participate in the HST with the federal government.

HST General Transitional Rules

General rules are p ...

3105 1328 PENDER Street, Vancouver West, British Columbia

January 19th, 2010

I just finished uploading this Condo for sale, 3105 1328 PENDER Street, Vancouver West, British Columbia

Soak up stunning views from Coal Harbour, Stanley Park & North Shore all the way to English Bay. This 3 bdrm/2 bath executive view suite at Classico will knock your socks off. Postcard views from virtually every room. Chef's kitchen w/ gas stove, granite counters and lacquer cabinets. Lar ...

CMHC Housing Market Outlook

January 14th, 2010

Housing Starts Up in 2010

-A tight resale market will lead to more housing starts in 2010. Builders will increase residential construction next year as homebuyers look to new homes to meet their housing needs.

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Home resales will increase, but at a slower pace than this year, and new listings will rise in response to higher home prices. Sellers' or balanced market conditions will prevail. E ...

CHMC Rental Market report

January 14th, 2010

Rental Market Conditions Ease

-The rental apartment vacancy rate in Vancouver increased to 2.1 per cent, following several years of vacancies below one per cent.
-Same sample apartment rents1
increased, but at a slower pace than last year.
-The stock of purpose-built2
rental apartments and town homes grew by more than one thousand units.
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The stock of rental condominiums grew, while the num ...

December Home Sales Second Highest on Record

January 14th, 2010

2009 - In Like a Lamb, Out Like a Lion

Vancouver, BC - January 12, 2010. The British Columbia Real Estate Association (BCREA) reports that Multiple Listing Service® (MLS®) residential sales in the province climbed 132 per cent to 5,703 units in December compared to the same month last year. More homes were sold last month than in any December on record except 1989 when 6,014 units were sold. ...

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