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New mortgage rules won’t affect most homeowners or buyers Finance Minister Jim Flaherty has announced three new mortgage rules saying the government is taking "proactive, prudent and cautious steps" to prevent a housing bubble. Well, there’s
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FOR IMMEDIATE RELEASE March 1, 2010 VIREB reports active market continues NANAIMO, BC – Single family unit sales last month were up 47% from February 2009 and up 28% from the previous month on a Board wide basis. The average sale price meanwhile
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RE/MAX REPORTS - Lack of inventory will be the greatest challenge facing housing markets across the country this Spring, according to a report released today by RE/MAX. The RE/MAX Market Trends Report 2010, which examined real estate trends and developments
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FOR IMMEDIATE RELEASE Jan 4, 2010 2009 a year of recovery for Vancouver Island real estate NANAIMO, BC – Multiple Listing Service® (MLS®) annual sales summary data released by the Vancouver Island Real Estate Board (VIREB) for 2009 shows
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December, 2009 NANAIMO, BC - Single family unit sales following the usual seasonal trend are down 21% in November 2009 over the previous month but surpassed November 2008 levels by 105% on a Board wide basis. The average sale price meanwhile is 3% below
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FOR IMMEDIATE RELEASE November 2, 2009 VIREB reports sales continue to increase NANAIMO, BC – The latest Multiple Listing Service® (MLS®) sales statistics released by the Vancouver Island Real Estate Board (VIREB) show sales of single family
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October 1, 2009 News Release VIREB reports strong sales heading into fall market NANAIMO, BC - Heading into the Fall market unit sales of single family properties in September of 2009, while down slightly from August, are up significantly over September
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VIREB Releases Annual Buyer Profile Nanaimo, BC - The Vancouver Island Real Estate Board (VIREB) has released its 2008 Buyer Profile, tracking where people are coming from, what they're buying and why. Statistics provided are for the overall Board
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VIREB reports brisk August sales activity NANAIMO, BC – Single family unit sales following a usual summer trend dipped slightly by 3.5% in August 2009 over the previous month but surpassed August 2008 levels by 58% on a Board wide basis. The averagesale
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FOR IMMEDIATE RELEASE August 4, 2009 VIREB reports July sales continue to improve NANAIMO, BC – Real estate sales continue to improve in July over last month as well as July 2008 levels. The average sale price increased from last month’s level
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FOR IMMEDIATE RELEASE July 2, 2009 VIREB reports June sales continue to improve NANAIMO, BC – Real estate sales continue to improve in June over last month as well as June 2008 levels. The average sale price meanwhile increased marginally from last
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As reported in the Province Newspaper 06/10/2009 By John Morrissy - Financial Post OTTAWA - After a "lost decade" in which Canadians' standard of living remained stagnant, rising levels of disposable income point to a measure of prosperity
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FOR IMMEDIATE RELEASE June 1, 2009 VIREB reports May sales statistics improving NANAIMO, BC – Real estate unit sales continued to increase in May 2009 over the previous month and matched May 2008 levels on a Board wide basis. The average sale price
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Mortgage and Home Equity Line of Credit Rates 1 Effective Fixed Rate Mortgages 2 Posted Rate Discounted Rate 3 6 Month Convertible 4.75% 4.75% 1 year Open 6.55% 6.55% 1 year Closed 3.90% 2.90% 2 year Closed 4.05% 3.05% 3 year Closed 4.15% 3.15% 4 year
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FOR IMMEDIATE RELEASE May 1, 2009 VIREB reports April sales statistics NANAIMO, BC – Real estate unit sales volume continued to increase in April 2009 on a monthly basis alongwith the average sale prices, according to Multiple Listing Service®
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