From the category archives:
November Listings Continue to Cool in Vancouver Real Estate Market
Vancouver Real Estate Stats
November listing and sales statistics for the Vancouver Real Estate Market continued to cool. The number of homes for sale has continued to decrease as we approach the 2011 Holiday Season.
Total sales in Vancouver for November 2011 were up (+5.61%) from October [...]
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Listing Numbers Ease in October
In the month of October, Vancouver listings remained neck-and-neck with numbers from September. However, October was the first month all year to show a slight decrease in the total amount of listed properties throughout the entire lower mainland. With a sales-to-active ratio of 15%, the Greater Vancouver Market is hovering in [...]
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Home Listings Continue to Rise in Vancouver while Sales Slow
With fall officially under way, Vancouver listing inventory has recovered from the summer vacation lull in September. That being said, sale activity was marginally lower in September for the fourth month in a row, having peaked for the year in June 2011. With a [...]
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The affordability of Vancouver housing prices continues to be buzz-worthy topic for anyone interested in investing (or holding) property the market. In Van City, I think the affordability issue rates high on people’s general conversational radar ~ so much so, that the question “where do you live” seems to go hand in hand with “what [...]
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The News
August 24th, 2009 Work to resume on Arthur Erickson designed highrise
August 23rd, 2009 A tale of two Olympic Athlete’s villages
August 21st, 2009 What does the HST mean to me?
August 21st, 2009 Woodward’s condo project opens
August 19th, 2009 Three billion dollar shortfall in BC’s budget
August 19th, 2009 Dockside Green: Setting a new standard for green building
August [...]
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It’s tough to beat the type of news week we had last week for the Vancouver real estate market. This past week we were still mulling over the affects of some of the announcements made last week, such as the HST. The biggest news of the week, was the record July we had in the [...]
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The provincial government announced on July 31st, 2009 that it was ending the loan program of the Homeowner Protection Office. You’ll recall that I first drew attention to the matter at the beginning of the month when the Homeowner Protection Office first indicated that there were funding problems for the interest free loan program.
The loan [...]
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There was a lot that happened this past week that affected Vancouver real estate. We began the week with the Bank of Canada predicting economic growth for the upcoming quarter (thereby announcing an end to the recession). The other big news this week came from the provincial government. They announced their plan to introduce a [...]
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I recently provided an update on the BC government’s proposal to implement a Harmonized Sales Tax and it’s impact on the Vancouver real estate market. The HST was a surprise to us all. It’s unfortunate that the provincial government chose not to consult those of us directly impacted before announcing the tax.
The Announcement
The announcement of [...]
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The following is commentary from the BCREA (BC Real Estate Association) on the impact of the HST (Harmonized Sales Tax) on the BC real estate. It is reproduced here with permission of the BCREA.
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Harmonized Sales Tax
On July 23, 2009, Premier Gordon Campbell and Finance Minister Colin Hansen announced that, effective July 1, 2010, BC will [...]
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