Greater Vancouver housing market favoured buyers in June

July 27th, 2012
The number of residential property sales hit a 10-year low in Greater Vancouver for June, while prices remained relatively stable.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales of detached, attached and apartment properties reached 2,362 in June, a 27.6 per cent decline compared to the 3,262 sales in June 2011 and a 17.2 per cent decline compared to ...

BUYERS' MARKET???? Is this really a news flash?

July 9th, 2012

Well the media has been all over the fact that according to the Real Estate Board we are now officially in a buyers' market. Interesting (mildly) but mostly to see what impact that pronouncement has on the market activity.  We have been heading into a market that strongly favours buyers since about February but we just recently met the mathematical definition (based on number of months supply ...

Worst homebuying mistakes

July 6th, 2012
Fri, 08 Jun 2012 08:43:41 GMT | By Kerry Gold, MSN Money 

A real estate purchase is usually the biggest investment in a person's life. But not every deal proves fruitful. In big cities like Vancouver, Calgary, Montreal and Toronto, where it seems like mere real estate ownership is money in the bank, it can still go seriously wrong.

One of the biggest mistakes is to try to forecast the market, w ...