Tag Archives: June 2011

B.C.’s property sales level off in June

B.C.’s property sales level off in June

VANCOUVER — British Columbia’s real estate markets evened out in June with sales relatively unchanged from the same month a year ago and prices outside of expensive Metro Vancouver showing signs of moderation, according to figures released by the B.C. Real Estate Association. Across the province, 7,904 homes were sold, up 2.4 per cent from [...]

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Greater Vancouver Real Estate Market Statistics Video June 2011

Greater Vancouver Real Estate Market Statistics Video June 2011

The Real Estate Board of Greater Vancouver (REBGV) housing market update for June 2011 with REBGV president Rosario Setticasi. For more information pertaining to Vancouver Real Estate and current market conditions, please contact the Adam Chahl Group by using the form to your right.

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Fraser Valley Real Estate Statistics – June 2011

Fraser Valley Real Estate Statistics – June 2011

RATIO OF PROPERTY SALES TO INVENTORY REMAINS STABLE IN THE FRASER VALLEY For three consecutive months, the percentage of properties sold in the Fraser Valley compared to those that were available for purchase has remained at 16 per cent, reflecting a balanced market starting to favour buyers. In June, the Fraser Valley Real Estate Board [...]

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Greater Vancouver Real Estate Statistics – June 2011

Greater Vancouver Real Estate Statistics – June 2011

Summer housing market trends toward balance after an active spring season Home sellers outpaced buyers on Greater Vancouver’s Multiple Listings Service® (MLS®) in June, drawing the market back toward balance this summer. The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales of detached, attached and apartment properties reached 3,262 in June, [...]

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Mark Carney says may need to keep lending rates low

Mark Carney says may need to keep lending rates low

Canada’s central bank may need to keep interest rates low as the economy faces “substantial headwinds,” Bank of Canada Governor Mark Carney said in an interview published on Friday. “Monetary policy may still need to be stimulative in order to close the output gap and in order to get inflation back to target,” Carney is [...]

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East Fraserlands Development – Masterplanned Vancouver Real Estate Community

East Fraserlands Development – Masterplanned Vancouver Real Estate Community

“It’s a rare opportunity for any architect to plan a whole community from scratch,” says Jim Cheng on a tour of the East Fraserlands development he master-planned. And it’s a rare thing in Vancouver to have so much undeveloped waterfront land to work with. But Mr. Cheng, who is also in charge of planning the [...]

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Vancouver gets modest hike in its Credit Rating

Vancouver gets modest hike in its Credit Rating

Moody’s has given a cautious thumbs up to the City of Vancouver’s efforts to dig itself out of the financial hole caused by the troubled Olympic Village development. The well-known investors service announced Monday that company analysts have revised their view of Vancouver’s Triple A credit rating, boosting the outlook from negative, where it has [...]

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