The unpredicted spike in home sales and prices in early 2011 has made property assessments increase significantly this year. From up to 15% in North Vancouver to 30% in West Vancouver and the West Side of Vancouver.
Squamish, Whistler, and Pemberton will see small decreases but over all 2011 was a great year for Real Estate in Vancouver and 2012 is looking positive!
For all of your Real Estat ...
The 2011 Greater Vancouver housing market began with heightened demand in regional hot spots and concluded with greater balance between seller supply and buyer demand.
The Real Estate Board of Greater Vancouver (REBGV) reports that total sales of detached, attached and apartment properties in 2011 reached 32,390, a 5.9 per cent increase from the 30,595 sales recorded in 2010, and a 9.2 per ce ...
As reported earlier today by BIV Business Today things are looking promising for the Vancouver Real Estate Market.
I posted a few days ago 3 reasons to buy in the next 30 days, these stats just reiterate why investing in Vancouver's Real Estate market is a good choice for everyone.
As we enter another busy spring real estate market here in Vancouver we are seeing downtown condos and houses ...
I literally get hundreds of e-mails daily from developers, mortgage brokers, other Realtors, and way to much spam.
I try to get through all of my e-mails just so I don't miss important client e-mail in the mix.
Last night I got this e-mail from the guys over at Onni Developments and I felt like it needed to be shared.
We are seeing constant changes to our Real Estate market and mortgage rules ...
As we approach the fall we are defiantly in a Buyer’s Market. This comes with some great opportunities for buyers, particularly for first time home buyers getting into the Real Estate market. We are still seeing interest rates at historical lows and even with a decreased amount of listings there are still great properties available.
As a buyer, this market allows you to take your time, this i ...
It is not a surprise to many that the implementation of HST in British Columbia this July has affected the Real Estate market.
Even with all the doom and gloom that the media is constantly portraying things are still not that bad. We saw both buyers and sellers trying to complete sales before the HST came into effect at the beginning on the summer which has lead to a slower July than previou ...
Government of Canada Takes Action to Strengthen Housing Financing
April 19, 2010 has come and gone, and we are now faced with a new set of more strict requirements and guidelines for Canadians when they are looking to obtain a Government backed insured mortgage. As I sat in my weekly sales meeting this past Monday listening to Doug Atkinson from Centum Pacific I realized that the changes th ...
It has been confirmed interest rates WILL start to rise in the near future. We all knew this was coming; rates both fixed and variable have been at record lows for so long they are now finally starting to swing upward.
“Royal Bank, TD Canada Trust and Laurentian Bank announced Monday they are raising rates they charge on certain fixed mortgages, including the benchmark five-year mortgage, whi ...
B.C. home prices could hit new highs in 2010
The rebound in B.C. housing sales from the recession is the strongest on record, Central 1 Credit Union said Tuesday, predicting that property prices will regain all of their downturn losses by the end of this year.
Central 1 chief economist Helmut Pastrick said the housing sales rebound has already surpassed the strength of the recovery from the ...
Again, we see more positive news about the Real Estate Market here in Vancouver.
VANCOUVER — Residential housing construction activity in Metro Vancouver jumped in August from July’s dismal lows, indicating a continuing trend toward a gradual recovery, Canada Mortgage and Housing Corp. reported Wednesday.
Builders started work on 927 new homes in August, a significant improvement from the 516 ...