MarketBrief

Who could have guessed what 2016 would bring?

The low points were many: Brazil & South Korean presidents, both women, both impeached.   The end of far too many legends: …to name only a few.   Horrendous terrorist attacks in Germany’s Christmas Market, Bastille Day in France, a nightclub in Orlando and unfortunately too many innocent lives lost in the name of Allah… Continue reading Who could have guessed what 2016 would bring?

MarketBrief

All the Leaves Are Brown and the Sky is Grey

And we are not talking about the weather! The month of August has been dismal for home sales.   Prices have not noticeably followed, but as this table indicates they are slipping.  This news has already leaked out to the Vancouver Sun last week, but come September 1st when all the papers get the official numbers… Continue reading All the Leaves Are Brown and the Sky is Grey

Market Speed Info Graph · MarketBrief · Statistical Charts and Graphs

May 2016 Metro Vancouver Market Snap Stat

May 2016 Market Report Homes continue to sell at an unprecedented rate in communities across the region. Economic and job growth continues to outperform most regions in the country, which is underpinning todays market activity. Sales last month rank as the highest sales total on record for May, but were down .3% from April 2016.… Continue reading May 2016 Metro Vancouver Market Snap Stat

Statistical Charts and Graphs

Statistics Supplied by Real Estate Board of Greater Vancouver

Below are links to downloadable PDF files with great information and market snapshots compiled by our Real Estate Board.   Listings are at all time low in all 3 categories and all 4 areas except for detached homes in East Van. Though prices are up, the ales are only 4% higher, this is likely due… Continue reading Statistics Supplied by Real Estate Board of Greater Vancouver

MarketBrief

New Impoved? Property Transfer Tax

Christy Clark’s Liberal Government got a bright idea. Long debated as unfair to all parties, BC’s Property Transfer Tax of 1% on the first 200,000 and 2% on the balance has been adjusted. What are they thinking? The new tax is offering relief to those purchasing  new housing and penalizing others by adding a full… Continue reading New Impoved? Property Transfer Tax