EDISON' SMART  Real Estate Outlook and Blog.

Just added this listing: "DONOVAN Townhouse by Cressey- This is an amazing 1200 SF + 2 bedroom & library with HIGH END space. 11'6 ceilings on main level. The large luxurious kitchen is great for entertaining & cooking with granite counters, & Miele appliances. Huge pantry & lots of storage. Upstairs has its own separate entrance into building. Master bedroom has walk in closet. Amenities include 3000 SF+ gym with steam & sauna rooms. Great social room with big screen TV, kitchen & pool table. ... Full Article...

Transition plan will raise rebates to homes under $850,000B.C. will scrap the HST and return to the PST on April 1 2013, Finance Minister Kevin Falcon announced on Friday in Victoria. Until that time new home buyers will be able to take advantage of expanded rebate program and a transitional tax designed to ensure that there is no tax difference whenever they choose to buy their home — provided it costs $850,000 or less. "The B.C. new housing rebate threshold will be increased to $850,000 ... Full Article...

Selection broadens and demand eases to kick off 2012 in the Greater Vancouver housing market Greater Vancouver home sellers were more active than buyers in January and overall home prices, according to the new MLS® Home Price Index (MLS® HPI), continued to experience more stability and less fluctuation compared to the beginning of 2011. The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver reached 1,577 on the Multiple Listing Service® ... Full Article...