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Posted on
April 23, 2011
by
Hafez Panju
Simon Fraser University plans to use wood construction waste to produce heat and hot water for its Burnaby campus and its sustainable residential community UniverCity.
The provincial government will provide $4.7 million in funding for the project, a joint venture between SFU, SFU Community Trust and Corix Utilities, the green energy company that will be responsible for building and maintaining the facility.
The project is expected to reduce SFU's greenhouse gas emissions by 11,000 tonnes a year, Premier Christy Clark said in making the announcement Thursday.
The plant will process...
Posted on
April 18, 2011
by
Hafez Panju
The British Columbia Real Estate Association (BCREA) reports that Multiple Listing Service® (MLS®) residential sales in the province continued to climb higher in March. Compared to March of 2010, MLS® residential unit sales increased 11.5 per cent to 8,600 units. The average MLS® residential price rose 15 per cent to $594,157 in March compared to the same month last year.
"We continue to observe a two-speed market in BC, with surging consumer demand in Metro Vancouver overshadowing more moderate demand in other regions," said Cameron Muir, BCREA Chief Economist. "Vigorous consumer demand...
Posted on
April 13, 2011
by
Hafez Panju
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1 per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent.
As anticipated in the January Monetary Policy Report (MPR), the global economic recovery is becoming more firmly entrenched and is expected to continue at a steady pace. In the United States, growth is solidifying, although consolidation of household and ultimately government balance sheets will limit the pace of the expansion. European growth has strengthened, despite ongoing sovereign debt and banking...
Posted on
April 13, 2011
by
Hafez Panju
Shows very well & offers views of green space, mountain tops & city lights. You won’t be disappointed! This bright 2bed/2bath, 888sqft home has a spacious open layout & excellent rm separation. Novo II is a concrete building, has balance of 2-5-10 yr warranty allows rentals & pets. Features: SS apps, granite counters, breakfast bar & lots of cupboard/counter/closet space. The lrg master has 3pc ensuite & walk-in. Enjoy BBQs on the covered oversized balcony. Bonus: locker & parking. Benefit from all UniverCity offers: $30 3 zone bus-pass, Nesters grocery, brand new elementary,...
Posted on
April 7, 2011
by
Hafez Panju
According to MLS data for the Simon Fraser University area, specifically UniverCity of Burnaby North, during the past week there were a total of 4 new listings that came to market. This brings the total active listings on MLS to 50. The average list price is $436,204 or $4468.74 per sq ft.
There were two sales recorded during the past week. The average sale price was $385,000or $46.61.
According to the Real Estate Board of Greater Vancouver (“REBGV”) sales in the Vancouver market rose 31.7% month-over-month from February 2011 to March 2011. In Burnaby specifically...
Posted on
April 4, 2011
by
Hafez Panju
Activity in the Greater Vancouver housing market continued to strengthen in March with both the number of homes sold and added to the region’s Multiple Listing Service® (MLS®) reaching near record levels.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales of detached, attached and apartment properties in Greater Vancouver reached 4,080 in March 2011. This represents a 31.7 per cent increase compared to the 3,097 sales recorded in February 2011, an increase of 30.1 per cent compared to the 3,137 sales in March 2010 and an 80.1 per cent increase from...
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.
