(April 19, 2015)
March 2015 home sales were the best of any month since December 2009.
Compared to March 2014 sales went up 37.6% with total sales being $5.8 billion an increase of 57.1% compared to a year ago.
(March 15, 2015)
Real estate as an investment is more comfortable rather than stocks, when owning a piece of real estate you are the primary owner. With owning your own property you can do as you please, but when owning a stock you are a minority in a company that you have little to no say in how the company runs, but when owning your own piece of property you have all the say. Even in a down market for real estat... read more.
(March 08, 2015)
Vancouver recently started a real estate and development panel called RED Talks.
In the first discussion it was on topic about Vancouver's high real estate prices, but how they didn't seem as expensive when compared internationally. London, Moscow, Palm Beach, and Beverly Hills are also noted as some of the cities with the more expensive real estate. As of 2015, the most expensive home in Vancouver... read more
(February 22, 2015)
Strata Management Companies
Do some research first so see if there is a strata management company for your building. It's a concern if there is no history of a property management company or if there is one that has changed several times.
Condo buying - Timing
If you are a buyer or an investor, remember to consider how long you plan to live in the condo in relation to the cost of ownership. You want... read more
(February 14, 2015)
The British Columbia Real Estate Association (BCREA) released figures yesterday (February 13) saying that the BC home sales went up 3.1% more than in January 2014.
The average prices on MLS increased as well, BCREA reported that January's average MLS residential price for BC went up 5.0% increase from January 2014
(http://www.rew.ca/news/bc-home-sales-see-strongest-january-in-five-years-bcrea-1.1762... read more