From the monthly archives:

May 2008

Facelift for Granville Street

by Sebastian on May 26, 2008

On May 22nd, Vancouver city council voted to approve moving forward with the redesign of downtown’s Granville Street. The makeover will cost the city (and it’s taxpayers) $20-million and will include a redesigned civic plaza (at Granville and West Georgia), custom made street furniture, a walk of fame and new pavement design.
 There has been an [...]

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The CMHC (Canada Mortgage and Housing Corporation) released it’s Spring 2008 forecast for the Metro Vancouver region today. It’s a relatively positive forecast, predicting that the market will “moderate slightly” in 2008 and 2009.
 It points to strong economic and demographic fundamentals underpinning the market, including steady job growth, population growth and continued low mortgage rates. Meanwhile, [...]

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I’ll be posting a link to the Royal LePage Westside statistics package that is released every month. This is an excellent graphical representation for you to see what’s happening in the Vancouver real estate market.
The statistics are broken into segments for East and West sides of Vancouver. You’ll find graphs for the median selling price, [...]

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April 2008 REBGV Statistics

by Sebastian on May 15, 2008

The Real Estate Board of Greater Vancouver reported that April 2008 saw listings outpace sales. Listings were up over the same period last year while sales dropped slightly.
There were 3,218 sales in April 2008 which was a decline of 5% from the 3,387 sales that were recorded in April of 2007 and 3.8% drop from the [...]

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