From the category archives:
Ozzie Jurock (local real estate investment educator) recently wrote a piece featured in the Vancouver Sun (”Why I will always buy real estate“). It’s an interesting read, and worth considering in light of our “rebalancing” market.
You can read the article for yourself right here, but here are a couple of expercpts for you:
If you place a good portion [...]
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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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On February 19th, Carole Taylor announced the 2008 Provincial budget. Much has been made of the “green” budget. Somewhat lost in the green glare has been the fact that the Provincial government increased the threshold for First-Time Buyer’s to qualify for exemption from the Property Transfer Tax.
If you qualify under the program, you can now [...]
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The NY Times has written an interesting article on Vancouver. It’s from the Travel section and highlights the changing face of the city in the building boom prior to the 2010 Olympics:
http://travel.nytimes.com/2008/01/13/travel/13headsup.html?ex=1358053200&en=a9fcb9d578697f46&ei=5088&partner=rssnyt&emc=rss
Sebastian Albrecht, Vancouver Realtor with Royal LePage
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September was yet another strong month for the Vancouver real estate market.
A typical single family detached home in Vancouver sold for $726,268, a rise of 12% over a year ago. Meanwhile, apartments in East Vancouver rose by 16% to $309,575. 2,776 sales were recorded by MLS, a 10.2% increase over a year ago.
“There is still [...]
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The Greater Vancouver Regional District (an affiliation of 21 districts and municipalities in the Vancouver region) recently announced that it is revamping it’s image. The new name for this organization is Metro Vancouver.
I can see the reasoning behind the rebranding. If you are an outsider coming to Vancouver the term GVRD would have little meaning [...]
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This weekend is the annual Illuminares Lantern Festival at Trout Lake (John Hendry Park). It’s scheduled for Saturday, July 28th and begins at 7pm and culminates at 11pm with the fireworks. It will go forward despite the civic worker strike.
If you’ve never experienced this before, you are in for a treat. It’s a wonderful opportunity [...]
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June was another banner month in the Vancouver real estate market. We had the second highest number of sales during the month of June in REBGV’s history.
We saw a rise of 7.4% in sales in June 2007 over a year ago while new listings rose only 1.3% over that period. Prices rose approximately 10% during [...]
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For those of us that are interested in real estate in this city, there’s a new website that’s worth checking out. The city recently adopted a new strategic plan for development in the city which they have termed EcoDensity.
In a nutshell, EcoDensity is an attempt by the city to reduce our ecological footprint. They are [...]
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