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Why are house prices high in Metro Vancouver?

August 31st, 2010

Watch this informative video that provides a fantastic explanation about why Vancouver real estate is priced the way it is and where it is likely to go over the next year.

Home Buyers and Sellers are Less Active in July

August 31st, 2010

Home sales activity in Greater Vancouver was quieter last month than most Julys over the past decade, with residential sales, prices, and the number of homes listed for sale trending downward in recent months.

The Real Estate Board of Greater Vancouver (REBGV) reports that the number of residential property sales in Greater Vancouver totalled 2,255 in July 2010. This represents a 45.2 per cen ...

Homebuyers and sellers less active in July

August 19th, 2010

Home sales activity in Greater Vancouver was quieter last month than most Julys over the past decade, with residential sales, prices, and the number of homes listed for sale trending downward in recent months.

The Real Estate Board of Greater Vancouver (REBGV) reports that the number of residential property sales in Greater Vancouver totalled 2,255 in July 2010. This represents a 45.2 per cen ...

Ozzie Jurock answers questions on the US crisis and what it may mean for us in Canada.

October 7th, 2008

Ozzie Jurock answers questions on the US crisis and what it may mean for us in Canada.

"...it is more important to ask the right questions than to seek definite answers." -The Hitchhiker's Guide to the Galaxy

A lot of questions on the US crisis and what it may mean for us in Canada. Several start with this:

Question: What does the current crisis mean for us as home owners in Canada? Should I ...

Home Prices Adapt to Affordability Demands

October 6th, 2008

VANCOUVER, B.C. - October 2, 2008 - The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver declined 42.9 per cent in September 2008 to 1,585 from the 2,776 sales recorded in September 2007.

New listings for detached, attached and apartment properties increased 28.8 per cent to 6,142 in September 2008 compared to September 2007, when 4,7 ...

Growing supply helps stabilize market conditions

June 25th, 2008

Growing supply helps stabilize market conditions

VANCOUVER, B.C. - June 3, 2008 - The Greater Vancouver housing market continued its re-balance between sales and listings last month. The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver declined 30.7 per cent in May 2008 to 3,002 from the 4,331 sales recorded in May 2007.

New listings ...

Vancouver Real Estate Condo Supply

June 25th, 2008

 Why Vancouver Downtown Condo Supply Will Diminish and Office Space will Increase

Vancouver City Hall is considering a ban on residential development in favour of commercial and higher density for office towers

This plan will radically reshape the Downtown business district core and keep condos at bay, so says a recent article by Frances Bula in the Vancouver Sun. The City is proposing a 20-4 ...