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Blog by Mario Felicella - Sutton Group Westcoast Realty

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The West is driving new home price gains in Canada

April 11th, 2013
New home prices in Canada rose by 0.2% in February, the 23rd consecutive month-on-month increase, pushed up by a buoyant market in Calgary, Statistics Canada said on today.

The advance matched analysts’ expectations. Calgary prices rose 1.0% from January — the largest month-over-month increase since May 2007 — on higher material and labour costs. Calgary is the center of Canada’s boo ...

Kitsilano Open House!

April 10th, 2013

We are proud to announce that this Apr 14th, 2:00 PM to 4:00 PM we will be hosting an Open House at 2130 12TH Ave W in the Kitsilano neighborhood, Vancouver West. This is an opportunity to visit this excellent Condo for sale in beautiful Kitsilano.

Please come with any questions you may have. In the meantime you can take a virtual tour of this Kitsilano Condo for sale.

As always please do no ...

Arbutus Open House!

April 10th, 2013

We are proud to announce that this Apr 14th, 2:00 PM to 4:00 PM we will be hosting an Open House at 3366 PUGET Drive in the Arbutus neighborhood, Vancouver West. This is an opportunity to visit this excellent House for sale in beautiful Arbutus.

Please come with any questions you may have. In the meantime you can take a virtual tour of this Arbutus House for sale.

As always please do not he ...

See how much Canadian homebuyers plan to spend on their first home

April 10th, 2013
The average first-time homebuyer in Canada is 29 years old and expects to be able to put down a down payment of $48,000 on $300,000 home, according to a recent poll by the Bank of Montreal.

But the study, released Tuesday, also found that price expectations vary widely, depending on where the homebuyer lives.

Those in Atlantic Canada say they expect to spend an average of $224,000 on a ...

Vancouver's housing market predicted to improve by fall

April 3rd, 2013
Real estate has been slumping in the Lower Mainland, with sales volumes off by a third from long-term averages and prices down about five per cent from their peak.

Central 1 Credit Union is predicting a slow, weak recovery for real estate in British Columbia, saying it expects a flat market for both unit sales and prices for the next few years.

In its annual forecast released last wee ...
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