OTTAWA, May 19, 2010 ? Housing starts rebounded in the second half of 2009 and early 2010 and will stabilize over the next two years, according to Canada Mortgage and Housing Corporation?s (CMHC) second quarter Housing Market Outlook, Canada Edition.* Following a total of 149,081 units in 2009, housing starts are expected to be in the range of 166,900 to 199,600 units in 2010, with a point forecast of 182,000 units. In 2011, housing starts will be in the range of 148,600 to 208,800 units, with ... Full Article...

Tuesday, May 4, 2010 VANCOUVER, BC ?The Greater Vancouver housing market experienced increased activity in April thanks to a steady balance of home buyers and sellers entering the marketplace. The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver totalled 3,512 in April 2010, the fifth highest-selling April on record. The figure represents an increase of 18.5 per cent compared to the 2,963 sales in April 2009; 9.1 per cent more than ...

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(Surrey, BC) ? Property buyers continued to see an increase in selection while sellers faced morecompetition as listings grew and sales decreased on Fraser Valley?s Multiple Listing Service® (MLS®) inMay. The Fraser Valley Real Estate Board posted 1,477 sales in May, a decrease of 2 per cent compared to the1,501 sales processed on the MLS® during May 2009. At the same time, the Board received 3,457 newlistings, taking the number of active listings to 11,411, an increase of 14 per cent compared ... Full Article...