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

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

MarketBrief

Inflammatory Vancouver Sun Story Stirs Up West Van Residents

I have written many times in this newsletter about how the “news” can make a REALTOR®’s ’ job harder than it already is. In my experience, reporters tend to report on the extreme and take “the story”, assuming there even is one, to a different level all-together, adding fuel to the already volatile public opinion.… Continue reading Inflammatory Vancouver Sun Story Stirs Up West Van Residents

MarketBrief

The Best Places to Invest – 5 Year Update

With perfect hindsight these were the best performing neighborhoods. According to Snap Stats (a statistical analytical service to which we subscribe to, which takes MLS sales data to a whole other level), here are some interesting facts on the trend of sale prices in the following selected areas: According to these stats, the best place… Continue reading The Best Places to Invest – 5 Year Update