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buyer demand differs on house type

(October 17, 2017, posted in Vancouver Metro Real Estate)


Apartment and townhome activity is outpacing the detached home market across Metro Vancouver*. This activity helped push total residential sales above the historical average in September.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in the region totalled 2,821 in September 2017, a 25.2 per cent increase from the 2,253 sales recorded in September 2016... read more.

housing type demand differs

(October 03, 2017, posted in Vancouver Metro Real Estate)


Real Estate Board of Greater Vancouver (RBGV) September stats are completed and reports apartment and townhome activity is outpacing the detached home market across Metro Vancouver. This activity helped push total residential sales above the historical average in September.

Residential property sales in the region totaled 2,821 in September 2017, a 25.2 per cent increase from the 2,253 sales record... read more.

strata sales above typical levels

(September 05, 2017, posted in Vancouver Metro Real Estate)


Competition for condominiums and townhomes pushed Metro Vancouver* home sales above typical levels in August.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in the region totalled 3,043 in August 2017, a 22.3 per cent increase from the 2,489 sales recorded in August 2016, and a 2.8 per cent increase compared to July 2017 when 2,960 homes sold.

Last month’s... read more.

many things influencing house prices

(August 18, 2017, posted in Vancouver Metro Real Estate)


Canada Mortgage and Housing Corporation (CMHC) Chief Economist, Bob Dugan recently wrote the following article in McLean's titled 'Why the foreign buyers tax is not making Vancouver more affordable?'. His opinion ~ 'The lesson, one year into Vancouver’s foreign buyers tax, is that real-estate supply may actually be the city’s biggest problem'.  Read on in detail what he has to say....

"Vancouver is... read more.

economics of land value

(August 17, 2017, posted in Vancouver Metro Real Estate)


Oh my ~ value of local 'turf' is forcing change ~ that is, my next upcoming new car focus will be something other than a gasoline powered vehicle!


'The lure of cashing in on pricey real estate has fueled Chevron's latest decision to sell another five of its gas stations in Vancouver.

On Thursday, a spokesperson confirmed the closures of five more locations, all on the west side of the city.

"The econ... read more.