Sheila Pope News http://www.sheilapope.com News from Sheila Pope en Copyright (c) 2003-2008 Sheila Pope web@sheilapope.com PawPrint XDe News Fri, 7 Mar 2008 10:32:18 -0600 120 Bank of Canada Lowers Prime 0.5% http://www.sheilapope.com/news/index.php?action=view&nid=28 http://www.sheilapope.com/news/index.php?action=view&nid=28 The Bank of Canada reduced the prime lending rate by one half of one percent yesterday in a move to head off a potential slow down in the Canadian economy due to the recent economic problems in the United States. Sechelt Developer Recognized in Recent Awards http://www.sheilapope.com/news/index.php?action=view&nid=29 http://www.sheilapope.com/news/index.php?action=view&nid=29 Wakefield Beach Homes in Sechelt was recognized in the recent fourth annual Wood Design Awards, winning an award for "Interior Beauty of Wood". Family builders intend to maintain close ties http://www.sheilapope.com/news/index.php?action=view&nid=30 http://www.sheilapope.com/news/index.php?action=view&nid=30 Greypointe Properties has teamed up with Wakefield Homes for the sale of 30 freehold ocean-view lots at their SilverStone development in Sechelt, with the aim of taking the hassle out of vacation home shopping. B.C. housing market defies odds, heats up http://www.sheilapope.com/news/index.php?action=view&nid=27 http://www.sheilapope.com/news/index.php?action=view&nid=27 Exceptional strength in Canada's resale housing market in the first six months of the year prompted the Canadian Real Estate Association on Monday to more than double its forecast for sales increases in 2007, the second time this year the association has revised its predictions upward. Prime rate increases http://www.sheilapope.com/news/index.php?action=view&nid=26 http://www.sheilapope.com/news/index.php?action=view&nid=26 The Bank of Canada increased the prime rate by 1/4% yesterday in an attempt to slow down inflationary pressure caused by a heated economy. Canada's housing market keeps on booming http://www.sheilapope.com/news/index.php?action=view&nid=20 http://www.sheilapope.com/news/index.php?action=view&nid=20 Canada's resale housing market is still firing on all cylinders, with dollar volumes, new listings and the average price of a home racing to record highs in June. Housing prices keep on climbing http://www.sheilapope.com/news/index.php?action=view&nid=21 http://www.sheilapope.com/news/index.php?action=view&nid=21 The Canadian housing market continued its "astounding" momentum in the second quarter of 2007, and is expected to keep up the pace for the rest of the year, according to a report released yesterday. The price of paradise: $30,000 a month http://www.sheilapope.com/news/index.php?action=view&nid=23 http://www.sheilapope.com/news/index.php?action=view&nid=23 So you didn't inherit a sprawling lakefront compound or mountain retreat. This summer, if you have a cool $30,000 or $40,000 to spend, you can rent the Canadian cottage dream for a month. The theme is relaxed indulgence http://www.sheilapope.com/news/index.php?action=view&nid=22 http://www.sheilapope.com/news/index.php?action=view&nid=22 Painted Boat is being built on the site of the former Lowe's Resort, a family-run business that catered its down-home style to seasonal fishing tourists, and is marketed to families who enjoy the Sunshine Coast and who appreciate the resort's amenities. Cottage prices outpace housing market http://www.sheilapope.com/news/index.php?action=view&nid=24 http://www.sheilapope.com/news/index.php?action=view&nid=24 The average national price for a waterfront cottage or cabin, jumped 12 per cent to $427,589 this spring while the average national price of an existing home climbed a smaller 9.3 per cent to $305,542.