Real Estate Information and Market Trends| Real Estate Victoria BC

Weekly Mortgage Rate Update from DLC Prime Mortgage Works Inc and Properties in Victoria Professionals™.
 
Mortgage Rates Effective: November 27 2009
 

Term

Our Best Rate

Bank Rates

6 Month Open

5.50%

6.60%

6 Month Closed

3.75%

4.65%

1 Year

2.35%

4.55%

2 Year

2.95%

4.35%

3 Year

3.25%

4.45%

4 Year

3.90%

5.29%

5 Year

3.99%

5.85%

6 Year

            4.85%

5.90%

7 Year

5.25%

6.60%

8 Year

5.15%

6.60%

9 Year

5.37%

6.80%

10 Year

5.35%

6.95%

15 Year

9.25%

            9.55%

18 Year

9.25%

            9.55%

25 Year

9.35%

9.63%

Prime Rate

2.25%

 
*Rates subject to change without notice
                                                                                                                     
For more information about these [...]

Transitional Rules and New Housing Rebates for the BC HST
 
In June of this year the British Columbia (“BC”) government announced the implementation of a new Harmonized Sales Tax (“HST”). The HST, proposed for enactment commencing July 1, 2010, would levy an additional sales tax on the purchase price of all housing on which Federal Goods [...]

October Home Sales Highest in Six Years

The British Columbia Real Estate Association (BCREA) reports that Multiple Listing Service® (MLS®) residential sales in the province climbed 115 per cent to 8,624 units in October compared to the same month last year. Last month posted the highest number of MLS® residential sales for the month of October [...]

The Properties in Victoria Professionals™ Team is proud to announce the sale of a wonderful Home in Victoria BC.
West Coast style meets New York Brownstone, on Victoria’s elegant Dallas Road. Here is a wonderful opportunity to purchase a unique live-work zoned water view town home in James Bay. This 6 year old home has been [...]

Market Strength Extends Through 2010
BCREA Fall 2009 Housing Forecast
Vancouver, BC – November 13, 2009. The British Columbia Real Estate Association (BCREA) released its Fall 2009 Housing Forecast today.
BC Multiple Listing Service® (MLS®) residential sales are estimated to increase 20 per cent to 82,900 units this year from 68,923 units in 2008. Residential sales in [...]

The Properties in Victoria Professionals™ Team is proud to announce the sale of a wonderful Home in Victoria BC.
Relaxation is easy in this beautiful well maintained 3 bedroom and Den, 4 bathroom home on a picturesque half acre lot.  Living space is bright and serene with excellent lay out. This is a gardener?s paradise with [...]

Weekly Mortgage Rate Update from DLC Prime Mortgage Works Inc and Properties in Victoria Professionals™.
 
Mortgage Rates Effective: November 6 2009
 

Term

Our Best Rate

Bank Rates

6 Month Open

5.50%

7.80%

6 Month Closed

3.75%

5.20%

1 Year

2.55%

5.00%

2 Year

3.05%

5.75%

3 Year

3.44%

5.75%

4 Year

3.90%

5.75%

5 Year

4.09%

5.75%

6 Year

            4.85%

6.09%

7 Year

5.15%

6.09%

8 Year

5.15%

6.09%

9 Year

5.37%

6.09%

10 Year

5.25%

6.29%

15 Year

9.25%

            9.55%

18 Year

9.25%

            9.55%

25 Year

9.35%

9.65%

Prime Rate

2.25%

 
*Rates subject to change without notice *
                                                                                                                     
For more information about [...]

Toronto Real Estate Board Reports Strong Growth in October MLS Transactions

Greater Toronto REALTORS® reported 8,476 sales, up 64 per cent from October 2008. The average price for October transactions was $423,559 – up by 20 per cent compared to the same month last year.
 
“Strong sales growth has occurred across many property classes – from price [...]

Strong Property Sales in October Show Continued Strength of Local Real Estate Market
 
Property sales throughout the Victoria area last month were at their highest level for the month of October since 1992. It was the sixth month in a row that property sales were higher than in the corresponding month of last year. A total [...]

Bear Moutnian Winds Awards
 
Over the last few weeks, Bear Mountain Resort has been the proud recipient of several awards and accolades. From golf, dining and travel, Bear Mountain continues to gain praise as one of Canada’s premier resort lifestyle destinations.
 
In the golf shop, our Head Pro Tony Harris won the fourth annual Callaway Golf PGA [...]