January 2018

January Market Update (Tri Cities)

Posted on Jan 23, 2018

January market remains busy, especially for apartment and townhouses in Coquitlam, Port Moody and Port Coquitlam. 
There's still a lot of competing offers on new listings that are priced properly. The "Active to Sale" ratio-how many places are selling vs how many are listed is still quiet high. 
The single-family market is a little slower. Overall, we...

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Ban On Foreign Buyers

Posted on Jan 10, 2018

There's been a lot of speculation regarding the increasing real estate prices in Greater Vancouver lately, and now Andrew Weaver, BC Green Leader, is suggesting a ban on foreign buyers altogether. 
http://bit.ly/2CZYPgh
I've read articles stating there may be an over emphasis on the amount of foreign money coming in and how it actually isn't driving t...

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