Blog by Mehrnaz Chitsaz

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November Market Trend

November 15th, 2012

Average House Prices by Province Sep 2012 Sep 2011 Sep 2010
National $355,777 $352,581 $331,089
Yukon $366,728 $277,654 $304,018
Northwest Territories $403,019 $457,504 $382,188
British Columbia $494,213 $523,568 $493,846
Alberta $355,127 $359,637 $349,048
Saskatchewan $273,209 $253,300 $236,455
Manitoba $239,517

Financial News

September 7th, 2011

While the Bank of Canada announced earlier today that it is keeping its key policy rate steady, it hinted that a rate hike mabe on the horizon as the Canadian economy grows closer to full capacity.

In an  statement the Bank indicated that it expects "growth in Canada to re-accelerate in the second half of 2012."  The Bank estimates that the Canadian economy will grow by 2.8 per cent in ...


January 24th, 2011

(NOTE:  Pay attention to the WASP SPRAY section at the very end)

1. Of course I look familiar.  I was here just last week cleaning your carpets, painting your shutters, or delivering your new refrigerator. 

2. Hey, thanks for letting me use the bathroom when I was working in your yard last week. While I was in there, I unlatched the back window to make my return a littl ...

Real Estate Updates

March 2nd, 2010

According to The Real Estate Board of Greater Vancouver

The Real Estate Board of Greater Vancouver (REBGV)Home buyer and seller activity increases in busy spring market

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 ...

Mortgage Rates News

March 2nd, 2010


TORONTO, March 29, 2010 — RBC Royal Bank announced today that it is changing
its residential mortgage rates effective March 30, 2010.
The changes are as follows:
Fixed Rate Mortgages
Three-year closed 4.35 per cent (increased by 0.20 per cent)
Four-year closed 5.34 per cent (increased by 0.40 per cent)
Five-year closed 5.85 per ...

Real Estate Market Trend

June 3rd, 2009

Help Saving Water

June 20th, 2008

Power Smart bathrooms

Homeowners can save significant money by conserving water in their bathrooms with these easy, energy-saving tips:

  • Take shorter showers. By cutting shower time from ten minutes to five, based on one shower a day, BC Hydro predicts an average saving of 34,675 litres of water annually. The hot water from showers can account for as much as 25 per ...

Vancouver Map

June 19th, 2008



April 23rd, 2008

From today's Custom House Newsletter, as expected, Prime lowered .50% to 4.75% - no word on fixed rates following, as yet. 

Canadian Dollar Down With Interest Rate Cut 

The bank of Canada delivered a 50 basis p ...


February 26th, 2008

For First time homebuyers ... The Property Transfer Tax  the dollar amount has changed from $375,000 to $425,000.
70% Loan To Value Has Been Lifted.

Property Transfer Tax Act The following changes have been made, effective February 20, 2008:

        The fair market value threshold for eligible residential property under the First
           Time Home Buye ...

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