Metro Vancouver back to normal level of sales Steve RandallCanadian Real Estate Wealth The more normal level of sales activity in Metro Vancouver continued in September with a 46.3% increase year-over-year. There were 2,333 homes sold in the region, 4.6% more than in August and just 1.7% below the 10-year September sales average. Real Estate […]
October 2019 Market Report other MARKET SUMMARY With the federal election around the corner, British Columbian’s have a lot on their mind. From the troubled forestry industry putting thousands of workers out of work to the ongoing issues related to housing affordability and even the environment, political leaders will have to bring their “A” game […]
Buy it right, avoid regret Mike HolmesThe Province For most of us, buying a house is the biggest investment we’ll ever make. Whether we’re buying our first homes, expanding to a bigger space to accommodate a growing family, or downsizing as we age – my advice is the same: make sure you buy it right. […]
Owners have right to information Tony GioventuThe Province Dear Tony: Our strata council has been engaging in some bizarre activities lately in how it holds council meetings and reports decisions to the owners. Our bylaws have an unusual condition that relates to in-camera minutes. The bylaw stipulates that in-camera minutes are recorded and kept in […]
North Van site key to the appeal of Ebb and Flow Simon BriaultThe Province For as long as anyone can remember, Greater Vancouver homebuilders have touted the ability of residents to live and work in a modern, cosmopolitan setting, yet within minutes find themselves hiking on a nature trail, sunning themselves on a beach or […]
Seven of the most common mistakes people make when buying a home Jeff SternThe Vancouver Sun After nearly three decades helping people buy that next home, I have listened to many a first-time home buyer’s regret. I’ve been on the other end of a phone call where the buyer made a common mistake and needed […]
Coffee shop owner bullied by BC government Andrew Duffy Western Investor A Victoria businessman, who claims he is being financially bullied by the B.C. government, has launched a legal fight over the province’s 20 per cent foreign- homebuyer’s tax. Eric Chang, who owns the Serious Coffee outlet on the Old Island Highway in Victoria’s View […]
Relaxed B-20 results in stronger home sales Ephraim VecinaREP In a mid-September analysis, the Canadian Real Estate Association revised its home sales predictions upward amid B-20’s loosening grip. The group cited the decline in mortgage rates with longer terms, including the Bank of Canada’s benchmark five-year rate, as the major driver in the more relaxed […]
UBS Global Real Estate Bubble Index ranks Toronto second highest Kimberly GreeneMortgage Broker News The real estate bubble risk in Toronto is the second-highest in the world, according to data from the UBS Global Real Estate Bubble Index 2019. Canada’s largest city has a risk of 1.86, which is second only to Munich, which has […]
Market balances with transactions on par with 10-year September average; prices still correcting Joannah ConnollyWestern Investor Predictions that the Metro Vancouver residential real estate market is in recovery mode may be realized, as home sales in September were up a whopping 46.3 per cent from one year earlier. There were 2,333 home sales in the […]
