by Sebastian on December 15, 2007
CMHC reported on December 10th, 2007 that November 2007 was the highest month in 30 years for housing starts. That’s big news. Over the same period last year, housing starts are up a whopping 92%!
Now…before we get too excited about this news there might be a reasonable explanation. I would suspect that a large portion [...]
by Sebastian on December 15, 2007
The CMHC announced it’s rental vacancy statistics for the year this past week. If you are a landlord, or a tenant, then you’re probably already aware that the rental market in Vancouver is incredibly tight. For the province of BC, rental vacancy rates fell for the fourth year in a row.
Caroline Frketich said, in a Vancouver [...]
by Sebastian on December 15, 2007
So, there I was last Friday morning. Bleary-eyed I opened my door to begin my weekday ritual. Pick up the paper off of my front door-step and climb back up the stairs to browse the Vancouver Sun while I eat my breakfast…and attempt to clear the cobwebs from my head that have accumulated overnight.
On this particular morning, [...]
by Sebastian on December 11, 2007
The Real Estate Board of Greater Vancouver released the statistics for November 2007. Statistics showed that sales rose by 22.2% over the same period one year ago (from 2,358 to 2,883). Of course, the comparison was an easy one as last November was a very weak month (attributable, perhaps to very poor weather). Listings increased [...]