With the mainstream financial media now sounding a shrill alarm about the Canadian housing bubble, is it time to sell the house? Unless you’re transferring to a new job, or a retiree wanting to downsize or move to more favourable climes, you’re probably better off staying put rather than capitulating to the panic of articles [...]
...Mandarin Residences – Richmond City Centre
Richmond’s hotspot, No.3 Road and Westminster Highway, is about to get even hotter with the addition of the Mandarin Residences (The Wall Group of Companies with The Fairborne Group). Location, location, location! The Mandarin Residences is across the street from Richmond Centre where you find large retailers such as The Bay, Sport Chek, Old Navy, [...]
...Greater Vancouver Real Estate Statistics – September 2011
Home listings continue to rise in the Greater Vancouver housing market Consistent increases in property listings and fewer home sales over the summer months has helped move the Greater Vancouver housing market into the upper end of a buyers’ market. The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales of detached, [...]
...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 [...]
...Greater Vancouver Real Estate Statistics July 2011
Active home sellers bring greater selection to the Greater Vancouver housing market VANCOUVER, B.C. – August 3, 2011 – While the balance between home buyer and seller activity remains in an equilibrium range in the Greater Vancouver housing market, last month’s home sale total was below the 10-year average for July. The Real Estate Board [...]
...Homes sales in Canada, Vancouver Real Estate soften in April 2011
Sales of existing homes in Canada fell 4.4 per cent in April from March as activity dropped off after a first-quarter rush to buy before the introduction of new mortgage rules. The Canadian Real Estate Association (CREA) said on Tuesday that 36,564 homes changed hands in April, down from 38,263 in March. The national average [...]
...Strong housing forecast for Canada Real Estate: Report
Another day of data Monday brought further proof of the resiliency of the Canadian housing market and the current frailty of its U.S. counterpart. The latest bad news for American housing was a report from real estate company Zillow showing the market might have a ways to go before it bottoms out. Zillow said existing [...]
...