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Keeping You Informed: Real Estate News & Information

Gentlemen, start your engines! PDF Print E-mail
Category: Events
Saturday, 02 January 2010

Along with Craftsman Collision, BASF, Jim Pattison Lease & The Jim Pattison Auto Group, I am proud to be a founding sponsor of Rick Hatswell and the “Road to the Rally” racing team which is competing in the 2010 edition of the prestigious Dakar - a 15 day, 10,000KM rally race across Argentina and Chile.

Please join me in wishing Rick a safe and successful race! Read more...

Bank of Canada maintains overnight rate target at 1/4 per cent and reiterates conditional commitment to hold current policy rate until the end of the second quarter of 2010 PDF Print E-mail
Category: Mortgages & Real Estate Financing
Tuesday, 08 December 2009

The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/4 per cent. The Bank Rate is unchanged at 1/2 per cent and the deposit rate is 1/4 per cent. Read more...

Strong demand carries into late fall PDF Print E-mail
Category: Market Update
Wednesday, 02 December 2009

Home values continued to edge upward in November as demand in the Greater Vancouver housing market remains well above seasonal norms. Read more...

High sales levels spur rise in home values PDF Print E-mail
Category: Market Update
Tuesday, 03 November 2009

Strong demand has led to a steady rise in Greater Vancouver home prices compared to last year.

Over the last 12 months, the MLSLink® Housing Price Index (HPI) benchmark price for all residential properties in Greater Vancouver increased 6.8 per cent to $553,702 from $518,668 in October 2008. Read more...

Buyer demand remains strong while home listings increase PDF Print E-mail
Category: Market Update
Friday, 02 October 2009

Greater Vancouver home sales remained strong last month, with the second highest number of residential sales ever recorded for the month of September. Read more...

Market momentum carries into August PDF Print E-mail
Category: Market Update
Wednesday, 02 September 2009

The number of home sales in Greater Vancouver increased significantly last month compared to August 2008 and moved closer in line with the active summer months experienced between 2003 and 2007. Read more...

Strong spring market carries into summer months PDF Print E-mail
Category: Market Update
Thursday, 06 August 2009

The Greater Vancouver housing market gained further momentum in July with record sales levels and a continued strengthening of home prices. Read more...

Market conditions drive strong June housing sales PDF Print E-mail
Category: Market Update
Friday, 03 July 2009

The combination of low interest rates and more affordable pricing helped propel Greater Vancouver home sale numbers to the second all-time highest total for the month of June. Read more...

What is a home sale worth to the economy? PDF Print E-mail
Category: Real Estate News
Wednesday, 24 June 2009

Each time a home changes hands in British Columbia, the transaction generates significant spin-offs, creates jobs and wealth and helps keep our communities growing. Read more...

Increased demand steadies housing market in Greater Vancouver PDF Print E-mail
Category: Market Update
Tuesday, 02 June 2009

A continued increase in buyer activity over the last four months has resulted in increased home sales and lessened the downward pressure on housing prices in Greater Vancouver.

The Real Estate Board of Greater Vancouver (REBGV) reports that the number of residential property sales in Greater Vancouver totalled 3,524 in May 2009, an increase of 17.4 per cent from the 3,002 sales recorded in May 2008, and an increase of 18.9 per cent compared to last month. Read more...

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