aggregated from: Vancouver Condo Info

Its March 18th and inventory numbers for real estate listings in the REBGV greater Vancouver area just rolled over the 14k barrier. People are talking about this milestone in the forum and drawing comparisons to 2008 which was the last dramatic -th...

topics: condo, real-estate

aggregated from: Vancouver Condo Info

Don sent in a link to this article over at Business in Vancouver. According to an Ipsos-Reid study first time buyers are a dwindling factor in the BC real estate market, falling from about 38% last year to about 29% of current buyers.Rapid recovery...

topics: condo, house-prices, housing, real-estate

aggregated from: Chinese in Vancouver

RBC Economies release British Columbia once again posted some of the country s largest increases in homeownership costs in the fourth quarter of 2009, according to the latest housing report released today by RBC Economics. (full report)The RBC Hous...

topics: tax, taxes

aggregated from: Vancouver Condo Info

Those heretics over at Canadian Business magazine have a cover article this month called Why Buying a House is a Bad Investment.The euphoria around home ownership crowds out some of the unpleasant truths about real estate: mainly, that long-term retu...

topics: affordability, housing, real-estate

aggregated from: Vancouver Condo Info

The latest issue of Business BC is all about the property market rebound and they focus on 5 hot pockets to watch for and invest in for 2010.What goes down in B.C. real estate must, apparently, come up. And quickly: by the end of 2009, the average ...

topics: housing, housing-market, real-estate

aggregated from: Vancouver Condo Info

The REBGV benchmark house price reached $800,796 in February. The rise in listings puts us into a balanced market condition according to the Real Estate board. Will we be able to maintain this balance ? I suppose it depends on how much our m...

topics: condo, real-estate, real-estate-board

aggregated from: Vancouver Condo Info

Well that was fun. The games have wrapped up, but we re not completely done yet the Paralympics are up next, so still a chance to partake in some Olympic fun before 2012. Hopefully everyone out there had a good couple of weeks, whether you stay...

aggregated from: Vancouver Condo Info

From the Vancouver Sun:Although January construction numbers are up to 198,600 jobs, it is below the 202,100 jobs from a year ago, and a far cry from the 220,800 jobs during the boom.The good news is that new construction is on the rise in the provin...

topics: housing, real-estate

aggregated from: Vancouver Condo Info

Several readers pointed out the news that the Competition Bureau has launched an aggressive attack on the Canadian Real Estate Association, challenging their monopoly over the MLS and calling for major changes in the way homes are sold. Our concern...

topics: mls, real-estate

aggregated from: Vancouver Condo Info

Nero pointed out this article in the Globe and Mail about the Big Six Canadian banks urging the government to tighten up mortgage rules to control runaway speculation in the Canadian real estate market. Just to be clear, these are the same banks th...

topics: housing, real-estate