Property owners beware! If you own a property in BC the chances are that residents in Prince George will see a drop in value.
Vancouver Real Estate News
Supply, demand, and a real estate rebound
To understand recent industry gains, it’s important to look at often misunderstood real estate dynamics
Will Government Put the Brakes On?
Canadian real estate market keeps the aggressive pace for several months and federal government becomes worried and considers a counter action.
Strong demand carries into late fall
Home values continue to edge upward in November as demand in the Greater Vancouver housing market remains well above seasonal norms.
How to Document Your Property
Documenting your property and keeping a home inventory is a process of constructing a report that includes all the important items and valuables in house.
Greater Vancouver Area Market in 2010
REMAX prepared new report called Housing Market Outlook 2010, summarizing the key data of 2009 and serving forecast for the upcoming year.
High sales levels spur rise in home values
Strong demand has led to a steady rise in Greater Vancouver home prices compared to last year.
Will a Tax Credit Extension Help the U.S. Market?
American Real Estate Market
by La Citta Vita
In the United States, the GDP recorded 3.5% growth in the third quarter – for the first time in a year. Similarly, the once-ailing housing market has shown big improvements since last winter. Is our southern neighbour really waking up?
Right now, the U.S. real estate market is working with 7.5 months’ supply of inventory. This sounds like quite a lot, but compared to January’s 12.4 months’ supply, it is a great improvement. Eyes of all real estate experts (but also potential buyers) are now on one thing – the first time home-buyers’ tax credit.
Renting out a Fully Furnished Property? It’s Not As Simple As It May Sound
If you are thinking of renting out a fully furnished property, then consider the overall cost before dipping your toe into this lucrative business.
Buyer demand remains strong while home listings increase
The Real Estate Board of Greater Vancouver (REBGV) reports that the number of residential property sales in Greater Vancouver totaled 3,559 in September 2009, an increase of 3.4% from the 3,441 sales recorded in August 2009 and an increase of 124.5% compared to September 2008 when 1,585 sales were recorded.
Since the beginning of the year, the MLSLink Housing Price Index (HPI) benchmark price for all residential properties in Greater Vancouver has increased 13%. Home prices compared to September 2008 levels are up 1.6 per cent.
IMF Improves Canadian Forecast
IMF boosted their forecast for the Canadian economy in 2010 on the semi-annual World Economic Outlook on Thursday.
Bricks and Mortar: A Solid Investment
As an answer to the latest recession in the housing market in Canada, REMAX Canada published a report analyzing the local Canadian housing markets over the last 30 years. The conclusion of the report is simple – bricks and mortar have been one of the safest ways of investing in Canada over the past three decades.
Market momentum carries into August
The number of home sales in Greater Vancouver increased significantly last month compared to August 2008.
Moving guide #2 – Hidden Costs of Moving
Vancouver homes present first part of our Vancouver Moving guide #2 – Hidden Costs of Moving.
Strong spring market carries into summer months
The Greater Vancouver housing market gained further momentum in July with record sales levels and a continued strengthening of home prices.