(Surrey, BC) – The Fraser Valley Real Estate Board processed 1,341 sales on the Multiple Listing Service® (MLS®) in August, an increase of 35 per cent compared to the 997 sales during the same month last year and slightly higher than the 1,322 sales in July. Sukh Sidhu, president of the Fraser Valley Real Estate [...]
...
Tag Archives: August 2011
Greater Vancouver Statistics August 2011 – Home sales trend toward buyers’ market over summer
VANCOUVER, B.C. – September 2, 2011 – August marked the third consecutive month that home sale activity in Greater Vancouver was below the 10-year average for the month. In contrast, home listing activity in the region has exceeded the 10-year norm every month since the beginning of the year. The Real Estate Board of Greater [...]
...Landcor – British Columbia Real Estate Q2 2011 Residential Sales Summary
The Gas-Fired Future will Burn Brighter Vancouver, BC – August 26, 2011 The Desire for Home ownership Bangs Heads with Affordability Although the province-wide median price for homes in BC is the highest on record, the number of sales and total values on the year-over-year yardstick slipped, faltering badly after hitting its peak in mid [...]
...Bonds plummet to lowest levels in Canadian history = Lower Fixed Interest Rates
US debt default averted, but there will still be growing pains to get accustomed to new spending cuts Kyle Green – Mortgage Alliance As US Congress announced Tuesday Aug 2nd to increase the debt ceiling to $14.7 trillion, bond yields plummeted to 1.76% for a 5 year bond yield, crashing through the 2% “support” level. [...]
...Local Vancouver home owners consider latest housing market predictions – Buy, sell, or stay?
VANCOUVER (NEWS1130) – The latest from the BC Real Estate Association suggests the push and pull between local buyers and sellers has evened out. With low interest rates on the immediate horizon, those in the market are considering their options. You can’t take advantage of historically low interest rates if you can’t scrape together 10 [...]
...Bond Yields Crash, Lower Fixed Mortgage Rates Coming!
The 5-year bond yield has nose-dived 16 bps today, crashing through “support” at 2.00%. It’s the biggest plunge in yields since March 2009. As of this writing, the 5yr GoC sits at 1.87%—seemingly en route to its 28-month low of 1.835%. Yields are hurtling lower in response to a slew of negatives including: “Austerity measures” (spending cuts) [...]
...Deal of the Week: A whole South Dakota town
MONTREAL – In the current state of real estate, $762,000 can buy you either a large duplex in N.D.G., a centrally located two-bedroom condo in Toronto, a shack in Vancouver Real Estate or an entire town in South Dakota. Fueled by media attention from around the globe, real estate brokers for the owner of Scenic, [...]
...
-
Don Campbell speaks about Vancouver Real Estate & The American Real Estate Market
-
The Year Of Confusion, Concern and Consternation – The Perfect Environment For A Sophisticated Investor – “Don Campbell”
-
Bonds plummet to lowest levels in Canadian history = Lower Fixed Interest Rates
-
Local Vancouver home owners consider latest housing market predictions – Buy, sell, or stay?
-
Office of Superintendant of Financial Institutions stepping in to oversee CMHC, and they want some major changes
-
CMHC nears it’s $600 billion cap. Is the industry running out of money?
-
Greater Vancouver Real Estate Market Video Update – April 2012
-
Vancouver home sales down in April while rest of Canada soars
