They all SAY its the wettest.....

November 29th, 2011

For years I have heard people say Deep Cove is the wettest place to be-I don't agree (I think most of the North Shore is equally wet-without necessarily being equally beautiful) but I always respond explaining that it rains the same number of days just a little harder and it is much greener and bluer as it is surrounded by ocean and mountains.  In this CBC clip, they admit there is no real ev ...

Greater Vancouver at lower end of balanced housing market

November 14th, 2011

With a sales-to-active property listings ratio of 15 per cent, the Greater Vancouver housing market continues to hover at the lower end of a balanced market and has been trending in that direction over the past five months.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales of detached, attached and apartment properties on the region’s Multiple Listing ...

Where the buys are...

November 7th, 2011
Where the buys are:
 
People keep asking me if there are any good deals in the current market.  My response is that while prices are high in many areas, the interest rates are amazingly low and the market is much more favourable to buyers than it has been for years.  There are still multiple offers on properties that are well priced but in most cases buyers now have some "breathing room" in ...

Macrealty October 2011 Market Update

November 4th, 2011
 

2011 has been the tale of two real estate markets, as mainland Chinese buyers influence some areas and asset classes while ignoring others altogether. The biggest beneficiaries of the influx of Chinese immigrants have been Vancouver and Richmond, and to a lesser extent, Burnaby, White Rock, and West Vancouver. Many areas of these cities have seen their single family home prices increase 2 ...