The Greater Vancouver housing market continued its re-balance between sales and listings last month.
Vancouver Real Estate News
Prices increase in single digits
Real estate statistics for May show home prices have posted only small gains so far in 2008, Real Estate Board of Greater Vancouver says.
Soundcheck Vancouver Part 7 – Smoky Coasts
In the latest addition to our Soundcheck music guide we visit some of the finest blues clubs in Vancouver.
In the Press: Who’s buying Vancouver’s condos?
Who’s buying up all the condos in the city, he asks. And answers: A good percentage of the purchasers, as it turns out, are offshore investors.
New listings outpace sales
An influx of new listings entered the Greater Vancouver housing market in April 2008, while residential sales reduced slightly compared to the same period a year ago.
In the Press: Will the ogling of houses come to an end?
Vancouver-based novelist and journalist Timothy Taylor has written a very interesting article on real estate and housing market.
Vancouver real estate – always worth buying?
Ozzie Jurock, President of Jurock Publishing Ltd. has written a great article for The Vancouver Sun entitled Why I will always buy real estate. His arguments are worth reading and pondering.
Growing population needs affordable housing
A report by the International Monetary Fund that declared Canada one of only two major-market countries where home prices are undervalued must come as a shock to Vancouver residents. After all, our defining real estate feature is the million-dollar tear-down.
Vancouver office vacancy rate near record low
Vancouver’s downtown office vacancy rate was squeezed down to a near record low in the first quarter of 2008 and some rents to new highs.
Housing market moderates for spring-time buyers
The Real Estate Board of Greater Vancouver (REBGV) reports that while there were fewer housing sales in March 2008 compared to last year, residential prices continued to climb.
Housing options broaden for buyers in February
The Real Estate Board of Greater Vancouver (REBGV) reports that residential attached, detached and apartment property sales totalled 2,676 in February 2008, a decline of 6.4 per cent from the 2,859 residential sales recorded in February 2007, and a decline of 9 per cent compared to the 2, 941 sales in February 2006.
February was a busy month for developers
February was a busy month for developers in the Vancouver area. They started construction on 2,446 new homes and completed 1,484.
Literary Vancouver
If high quality reading matter is important in your day, and Vancouver residence is in your future, please come and walk through favourite residential areas which have, and which continue to nurture, well-known West Coast writers.
Homeowners aim to pay off mortgages fast
Canadians who have recently purchased, renewed or refinanced a mortgage want to quickly pay off their debt, a survey by the Canadian Mortgage and Housing Corporation indicated.
BC home sales drop for second straight month
Home sales have fallen for the second month in a row, and we’ve seen the slowest start to a year since 2003, according to the British Columbia Real Estate Association.