(January 04, 2018, posted in Real Estate)
Real estate was a major topic in the business world in 2017, and with some big changes on the horizon, the subject is likely to dominate headlines again this year.
Here are five things to watch in Canadian real estate.
Policy-makers in Toronto and Vancouver have taken steps to try to curb activity in a perceived problem: foreign buyers gobbling up houses as investment vehicles, driving prices up for... read more
(November 13, 2017, posted in Real Estate)
The Real Estate Investment Network (REIN) has released its new list of Top 10 cities in B.C. to buy real estate in the next five years.
Surrey tops the list, with Vancouver coming in 10th place.
Abbotsford comes second to Surrey, and the rest following are: New Westminster, Victoria, Kamloops, Kelowna, Chilliwack, the Tri-Cities (Coquitlam, Port Coquitlam, and Port Moody), and Burnaby in ninth place... read more
(November 07, 2015, posted in Real Estate)
The Urban Land Institute (ULI) and PricewaterhouseCoopers (PwC) recently jointly released their Emerging Trends in Real Estate report.
The annual report identifies what investors should look out for in the Canadian and American real estate markets over the following year, drawing on a vast number of sources. ULI, a nonprofit and research organization, and PwC, the global advisory firm, publish the... read more
(July 06, 2015, posted in Real Estate)
Sales in the Fraser Valley in June were the highest for that month since 2005 and ranked as the fourth busiest month ever for MLS sales in the region, the Fraser Valley Real Estate Board announced July 3.
The 2,103 residential sales were a year-over-year increase of 40.9 per cent compared with June of last year, and a rise of 20.7 per cent compared with May.
After several months of contractions, the... read more
(March 07, 2015, posted in Real Estate)
The festive mood of Chinese New Year is continuing to linger in Vancouver’s housing market weeks after celebrations are over.
Cory Raven, managing broker at Re/Max, says Chinese New Year heightens whichever housing trend is dominate in that year. “Any year where we have an already busy market, it seems like Chinese New Year speeds [it] up even more.”
Weekly home sales continue to soar into the Year... read more.